Economics · Innovation Theory
Assertion (A): Innovation in one field rarely induces innovations in related fields. Reason (R): Once an innovation becomes profitable, other entrepreneurs follow it in 'swarm-like clusters'.
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- 1(A) is incorrect but (R) is correct✓
- 2(A) is correct but (R) is incorrect
- 3Both (A) and (R) are incorrect
- 4Both (A) and (R) are correct
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(A) is incorrect but (R) is correct
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