But the thing is, Flipkart entered the Indian market before Amazon.
As a consumer, I derived more value from Flipkart's "copy" that served me than from Amazon's "originality".
Same with Android. As a consumer, Android may have copied iOS, but Android's copy was far more affordable to me, and hence, I derived far more value from it than the original.
Don't want your business copied? Make it available to everyone yourself in the first place.
- Business is not art.
- Even art isn't totally original.
Fact: NO ONE wakes up and thinks "I gotta buy me some iteration today."
Iteration, evolution and low-risk change are means. They are not ends.
I would argue, but would not presume to state as fact, that the large majority of Japanese actually prefer iteration over radical innovation, almost all of the time.
My work experience tells me that companies commonly put off major updates because of retraining costs and scheduling.
Please point out why you felt I claimed an opinion as a fact, perhaps I could improve my communication with your help.
If nobody is taking risks in bold original ideas,
there is no longer any meaningful progress, rent-seeking becomes rampant
Seems backward, it's IP protection by law that is rent-seeking>some of them might risk it for some new idea that if not received well bankrupts them personally
Owning IP exclusively forever doesn't change this at all. If IP is good then you can defend it for a some time to make profit on edge.
>It's happening all the time
Not with synthesizers/software/ee developers because of IP expiring too soon.
>now imagine getting a perfect clone maker to the mix, selling "legends" for cheap that might be good enough for 90% of users;
Imagine what all these people could do now! They could produce new innovative things.
Imagine Gibson was shit and would make shit new software that would cost as much as possible and own IP forever. That's easy to imagine because IP rights holders pushing hard for this change. That's sucks for everyone but Gibson since they get $ doing nothing. They cn also easily fire anyone involved in this innovation and prevent them from working with anything similar.
They've already made their money during the time they had the patent, so I imagine they'll not be on the streets in any literal sense. Also they have much more experience of successfully selling their product, so they could iterate to a new, better version.