Question

Lawsuits over patent and copyright infringements are more common and intense in

a. fast-cycle markets because the market is innovation-driven.
b. standard-cycle markets because the firm's brand name is such an important competitive advantage.
c. slow-cycle markets, because of the ability to shelter the company from imitation of its competitive advantage.
d. standard-cycle markets because innovation is rare, and so gives the innovating firm a significant competitive advantage.

Answer 1

Lawsuits over patent and copyright infringements are more common and intense in fast-cycle markets because the market is innovation-driven.

Step-by-step explanation:

In a fast-cycle market, lawsuits over patent and copyright infringements are more common and intense because the market is innovation-driven. In industries like biotechnology or semiconductor design, technology is advancing rapidly. As a result, patents may be less relevant as new innovations quickly make existing patents obsolete.