Question: q , = incremental innovation; while q , = radical innovation Animal spirits q , New variations of existing products Licensing q , Minor technical

q,= incremental innovation; while q,= radical innovation
Animal spirits q, New variations of existing products
Licensing q, Minor technical improvements
New generations of existing products. q, Animal spirits
Minor technical improvements.... Licensing other firm's inventions
q,= incremental innovation; while q,= radical innovation Animal spirits q, New

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