Comment on The case for copying business ideasparentComments−nicbou8yOn the other hand, there is little incentive to spend a billion dollars developing a one dollar product if it gets copied by everyone else. It can incentivize stagnation.−simplify8yI imagine that scenario applies to very few industries and should not dictate the norms of others.−reb8yOn still another hand, essentially placing a $1,000,000,000 barrier to entry on product innovation can incentivize stagnation as well.
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On the other hand, there is little incentive to spend a billion dollars developing a one dollar product if it gets copied by everyone else. It can incentivize stagnation.
I imagine that scenario applies to very few industries and should not dictate the norms of others.
On still another hand, essentially placing a $1,000,000,000 barrier to entry on product innovation can incentivize stagnation as well.