Innovation benefits the innovator to some extent but in excess of 90% of the benefits go to others.

Question

Quizplus · Accepted Answer

Innovation often brings about benefits that extend beyond just the innovator. These benefits may include increased efficiency, productivity or even the introduction of new products or services, which can help to boost the economy overall. As such, while the innovator may benefit from their innovation to some extent, the vast majority of benefits tend to flow to others who use or purchase the innovation in question. This is why innovation is often seen as a key driver of economic growth and development.

Innovation Benefits the Innovator to Some Extent but in Excess