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Copycats
A01=Oded Shenkar
advertising investments
Author_Oded Shenkar
avoid costly errors
avoid oversimplification
broad-brushed copying
Category=KJM
competitive strategy
development
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
execute an implementation plan
generate profits
imitation
innovators
learn from others
marketing
observe
prepare
prosperity
research
save on R&D costs
select the right model to imitate
Product details
- ISBN 9781422126738
- Weight: 368g
- Dimensions: 139 x 209mm
- Publication Date: 15 Jun 2010
- Publisher: Harvard Business Review Press
- Publication City/Country: US
- Product Form: Hardback
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In the business world, imitation gets a bad rap. We see imitating firms as ?me too? players, forced to copy because they have nothing original to offer. We pity their fate: a life of picking up crumbs discarded by innovators striding a path paved with fame and profit. In Copycats, Oded Shenkar challenges this viewpoint. He reveals how imitation?the exact or broad-brushed copying of an innovation?is as critical to prosperity as innovation. Shenkar shows how savvy imitators generate huge profits. They save not only on R&D costs but also on marketing and advertising investments made by first movers. And they avoid costly errors by observing and learning from others? trials. Copycats presents suggestions for making imitation a core element in your competitive strategy and pairing it powerfully with innovation, including: * How to select the right model to imitate * How to avoid oversimplification of a model * Which imitation strategy to use * How to prepare and execute an implementation plan Engaging, practical, and rich in company examples, Copycats unveils how to add imitation to your competitive arsenal.
Oded Shenkar is the Ford Motor Company Chair in Global Business Management and Professor of Management at the Fisher College of Business, The Ohio State University, where he heads the international business area. A top scholar in international strategy, he is also a prolific author, and his work has been cited in numerous publications, including the Wall Street Journal, the New York Times, and The Economist.
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