The incentive to innovate would be reduced because which of the following makes research and development activity less profitable?

Name: The incentive to innovate would be reduced because which of the following makes research and development activity less profitable?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Duplication makes research and development activity less profitable because it means that multiple companies are working on the same problem, which can lead to a decrease in the value of any individual company's innovation.

The Incentive to Innovate Would Be Reduced Because Which of the Following