Copycats, Clones, and Fast Followers: A Note on Replicating Business Models in Emerging Markets
2023 | Case No. E829 | Length 12 pgs.
This note provides context on (and examples of) the impact of Copycats — companies that replicate business models that proved successful in more developed economies — on the startup ecosystem of developing economies, as well as pragmatic guidance to entrepreneurs interested in pursuing the model, with a focus on aspects related to ideation, team formation, and financing. Lastly, it covers some of the risks and challenges involved in this approach.
Learning ObjectiveThis note is designed to help students learn concepts and examples related to the approach to entrepreneurship based on replicating business models that already exist in developed markets, especially in the U.S.
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