In starting the chain of events which led to the petition, who were the innovators?
After copying, it may move first or may wait for the innovator firm to launch, depending on the costs and benefits of first move.
The reduction of the cost of capital raises the equilibrium value of capital intensity, making the flow of profits accruing to a successful innovator grow.
This certainly implies courage on the part of the innovator and probably countervailing emotional pressures, and stress in the society.
Since abilityto-pay is low in poor nations, tying the innovator's compensation to benchmark year sales results in low powered incentives for work on 'unprofitable' diseases.
It is essentially human to be at once an inheritor, part of a culture, and an innovator, creatively striving within or against tradition.
We want to encourage true innovators with grants and publications in top journals, and discourage crackpots, but sometimes we cannot tell who is who.
Later the original innovator decided to enter, possibly to take advantage of the weak marketing strength of the imitator in that period.
