[nicbou]

On the other hand, there is little incentive to spend a billion dollars developing a one dollar product if it gets copied by everyone else. It can incentivize stagnation.

[simplify]

I imagine that scenario applies to very few industries and should not dictate the norms of others.

[reb]

On still another hand, essentially placing a $1,000,000,000 barrier to entry on product innovation can incentivize stagnation as well.