Chang, Sungyong; Kim, Hyunseob; Song, Jaeyong; Lee, Keun - 2021
We examine the role of latecomers’ optimal resource allocation between innovation and imitation in latecomers’ catch … leadership change. The results suggest that one-sided dependency upon either imitation or innovation deters technological … technological gap decreases, they should allocate more R&D resource to innovation. We also examine the role of several variables …