Phelps - Innovation imiteur

Key Ideas • The knowledge of innovators inevitably spreads. Imitators thus benefit from innovators’ research efforts. • Nevertheless, imitators do not reproduce innovations exactly, and they can add to the innovator’s knowledge in return. • The more widely innovation is spread, the more it contributes to innovators’ own knowledge and to their overall innovation capacity. (...)

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Corporate Strategy15 February 2009

Are Biotechs Profitable?

Key ideas • The “Silicon Valley” model of American development is not applicable when (...)

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