The learning curve is a much better mechanism to appropriate the returns to investment in innovation for new companies than for established ones.

Name: The learning curve is a much better mechanism to appropriate the returns to investment in innovation for new companies than for established ones.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The learning curve benefits both new and established companies by improving efficiency and reducing costs over time, but it doesn't inherently favor new companies in appropriating returns from innovation.

The Learning Curve Is a Much Better Mechanism to Appropriate