The belief that innovators, i.e. first movers, usually win is a highly cherished belief in American entrepreneurship and corporate innovation. And it is not true.
In a previous blog, I had suggested that entrepreneurs should imitate rather than innovate. Here, I want to offer some suggestions on when and how to imitate. One of the key issues from innovation is who gets the rewards from the innovation
To read the original article: Why Innovators Fail And How You Can Benefit?