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Foreıgn Trade
Foreıgn Trade Deneme Sınavı
Foreıgn Trade Deneme Sınavı Sorusu #1398623
Foreıgn Trade Deneme Sınavı Sorusu #1398623
In which of the following stages of the Product Cycle Model does the innovating country protect itself from imitators by the use of patent rights?
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Product-standardization stage |
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New-product stage |
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Product-maturity stage |
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Product-growth stage |
|
Product-decline stage |
Yanıt Açıklaması:
In the product-growth stage, production is performed only in the innovating country. Thus, the innovating country has a temporary monopoly power both in domestic and foreign market. This temporary monopoly power is enjoyed by the patent rights.
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