What happens when faraway imitators take your innovation, improve it, and turn it against you?
Replica watches, phones and cars aren’t the only knockoffs prevalent in China and other emerging markets, where imitation of the master often draws more praise than scorn. Opportunistic startups also clone corporate strategy from pioneering Western companies too busy growing at home to notice the threat.
[This article has been reproduced with permission from Knowledge Network, the online thought leadership platform for Thunderbird School of Global Management https://thunderbird.asu.edu/knowledge-network/]