Teece's model is based on the idea that imitators are more successful than innovators when innovations are easy to imitate, a dominant design has emerged in an industry, and imitators control the key complementary assets in the industry.

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Teece's model suggests that when innovations are easy to imitate, a dominant design exists, and imitators have control over key complementary assets, they can outperform innovators by leveraging these advantages.

Teece's Model Is Based on the Idea That Imitators Are