A pet products company is developing a dog feeding system that senses when a dog is hungry and dispenses food into its bowl. This product is marketed toward owners with long, unpredictable workdays who want their pet to remain on a regular eating schedule. The company has the complementary assets necessary to fully develop the product. There are also high barriers to imitating the innovation and a very limited number of competitors. Based on this information, the company should:

a. develop and market the product with several other companies.

b. develop and market the product with a partnering company.

c. license the innovation's technology.

d. develop and market the product alone.

Respuesta :

Answer:

(C)

Based on this information, the company should license the innovation's technology.

Explanation:

Patent is a very easy way of controlling imitation of innovation since the company has the complementary assets necessary to fully develop the product.