Managers perceive internal product development as a high-risk activity and tend to choose acquisitions because approximately _____ percent of innovations are imitated within 4 years after patents are obtained.
a. 5
b. 10
c. 60
d. 20
Answer: 60
Management MCQ
Strategic Management Chapter 7
Managers perceive internal product development as a high-risk activity and tend to choose acquisitions because approximately _____ percent of innovations are imitated within 4 years after patents are obtained.