Question: When a first mover does not have complementary assets, barriers to imitation are high, and there are several capable competitors, the first mover should a
When a first mover does not have complementary assets, barriers to imitation are high, and there are several capable competitors, the first mover should
a sell the technology outright to another firm.
b enter into a joint venture to protect the product.
c license the innovation to others.
d lower the barriers for imitation.
e wait until competitors develop an alternative product.
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