While there’s innovative product like iPhone, most new products are improved versions of old products.
“Everyone copies everyone” There is often a grey area between innovation and imitation when it comes to a highly competitive industry. Nevertheless, you often hear about patent infringement lawsuits and trademark disputes. Especially in the U.S., lawsuits and other legal disputes are a serious problem for business owners. If you once get served with a […]
Although Amazon is reigning in the online retail market, if you compare the annual retail sales figures of 2016, Walmart’s $363 billion in annual revenue overshadowed Amazon’s $77 billion. This is a meaningful success in the offline retail market where many retail giants are fiercely competing. What in the earth makes Walmart to score such […]