When innovations by one firm are quickly emulated and improved on by rival firms in the same industry or in other industries, this is:
A) industrial espionage.
B) illegal under most patents.
C) technology spillover.
D) technology takeover.

Question

Quizplus · Accepted Answer

Technology spillover occurs when innovations by one firm are quickly adopted and enhanced by rival firms, leading to widespread technological advancement across the industry or other industries.

When Innovations by One Firm Are Quickly Emulated and Improved