The Knockoff Economy How Imitation Spurs Innovation
knockoff economyimitation innovationcounterfeit market impactbusiness strategy innovationcompetitive advantage evolution
The knockoff economy explores the fascinating paradox where imitation, rather than hindering, actually serves as a powerful catalyst for innovation. This dynamic forces original creators to continuously evolve, refine, and develop new products or features to stay ahead, ultimately leading to market growth and enhanced offerings for consumers through competitive pressure.