Innovation or Creative imitation?
Presentation to provoke a debate for students of
entrepreneurship at the Ateneo Graduate School of Business
Innovators or copycats?
The Cast?
The twins: Tyler and Cameroon
Winklevoss, Dyva Narendra
The Brazilian Connection: Eduardo Saverin
The book
“Talent borrows, genius steals.”- Oscar
Wilde
“Artists create, masters copy..”
Some recent news:
Nokia filed a suit vs Apple for patent infringement on the Iphone;
Apple sued Samsung for a similar product;
It is common for high profile ICT companies to sue over patent infringement.
Innovation or Creative Imitation?
The “ cheap Japanese imitation of the 1950’s
and 1960’s
Imitation?
Strategy by Asian countries:
…they pick a product to copy, determine its marketability, achieve economies of scale, and competitive advantage through lower cost and affordability…
… and now the cheap China tiangge wares…
Dealing with the pirates at malls and the
sidewalk….
Or the third shift in China
Third shift products from China…
Are they good or bad for the society and
economy?
Creative imitation
…” Never invent. Always improve on something that exists”…- Alex Mandossian
Only 30% create, the rest copy..
Imitation “precious stones”
McDonald
“copy cat”
Imitation Omega watch…
“Imitators have greater competitive advantage “-Odel Shenkar, Ohio State University at HBR
Litigation as a strategy to be unique?
Running business from the courtroom..
Reading the fine prints of the IPO
Innovate, create, imitate or litigate?..
It’s the entrepreneur’s choice…
Disclaimer
The presenter does no pass judgement, whether legal, ethical or moral on the examples presented herein;
The presenter also does not endorse the story presented in the movies or fiction articles to be true, or false; they being creative and/or fictional;
The presentation is used for instruction and educational purposes only
