Abstract
This chapter falls into four parts. The first discusses the nature of innovation, and especially the concept of innovation as a process rather than a distinct event. The second section then considers the role of innovation in strategic thinking, and the third looks at an important subdivision of this, focusing on the balance between pioneering and imitative strategies. The final section then discusses competition and complementarity between large and small firms.
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© 1998 Clive Sutton
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Sutton, C. (1998). Innovation and Imitation. In: Strategic Concepts. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-26670-8_6
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DOI: https://doi.org/10.1007/978-1-349-26670-8_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-72530-6
Online ISBN: 978-1-349-26670-8
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