innovation copycat strategy – Insight-driven growth for business and lifestyle

October 18, 2013October 18, 2013

When does a “copycat” strategy pay?

Nintendo 3DS (Photo credit: John.Karakatsanis)

A copycat strategy for developing products and services can be more lucrative than the original invention which sucks huge to amounts of time, energy and money.

But what exactly is an imitation or copycat strategy?

Business owners copy or imitate other companies’ products and services all the time. Some duplicate others’ products without protest from their competitors.

Continue reading “When does a “copycat” strategy pay?”

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