Two Years of Research and $20 Million in Investment a Year

Multiple Choice

Two years of research and $20 million in investment a year for the next two years is required to get results for MediCure's new pharmaceutical experiment. The CEO of a rival company, PolyMed Inc., decides to spend $60 million on only one year of research. However, PolyMed fails to get the same results. Which of the following best reflects the factor that acted as a barrier to imitation for PolyMed Inc.?

A) Tacit knowledge
B) Path dependence
C) Complexity
D) Time compression diseconomy