Often, successful imitation of the first mover's innovations allows the second mover to avoid the mistakes and major investments of the first mover.

Question

Quizplus · Accepted Answer

Successful imitation of the first mover's innovation can help the second mover to learn from the mistakes and investments of the first mover, and to avoid them to achieve success. Therefore, the statement is true.

Often, Successful Imitation of the First Mover's Innovations Allows the Second