Solved: New companies with innovations and successful technology, Macroeconomics

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New companies with innovations and successful technology

Question:

IBM Corporation has a reputation for not necessarily developing new technology, but acquiring relatively new companies with innovations and successful technology. Why is it that market leaders and monopolies generally acquire, rather than develop new technology?

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Macroeconomics: New companies with innovations and successful technology

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Macroeconomics: New companies with innovations and successful technology

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