Managers perceive internal product development as a high-risk activity and tend to choose acquisitions because approximately _______ percent of innovations are imitated within four years after patents are obtained.
A) five
B) ten
C) sixty
D) twenty

Question

Quizplus · Accepted Answer

Approximately sixty percent of innovations are imitated within four years after patents are obtained, making internal product development a high-risk activity.

Managers Perceive Internal Product Development as a High-Risk Activity and Tend