"The conventional wisdom today is that copying is bad for creativity. If we allow people to copy new inventions, the thinking goes, no one will create them in the first place. Copycats do none of the work of developing new ideas but capture much of the benefit. That is the reason behind patents and copyrights: Copying destroys the incentive to innovate.
Except when it doesn't. There are many creative industries, like finance, that lack protection against copying (or did for a long time). A closer look at these fields shows that plenty of innovation takes place even when others are free to copy. There are many examples of successful industries that survive despite extensive copying. In fact, some even
thrivebecause they are so open to copying.
Consider the fashion industry, which is virtually synonymous with the word "knockoff." Faviana, a New York fashion firm, makes its business model clear on its website. Faviana cheerfully replicates the work of major designers, providing what it calls "bling on a budget." As CEO Omid Moradi says on the site, "Ten minutes after any big awards telecast, the Faviana design team is already working on our newest 'celebrity look-alike gowns.' "
I cloned the above paragraphs from here
http://online.wsj.com/news/articles/SB10000872396390443991704577577433289673596 it is and article in the WSJ By
KAL RAUSTIALA and CHRIS SPRIGMAN from their book "The Knockoff Economy - How Imitation Sparks Innovation. They argue that imitation actually is very good for many industries. I bet if Kal and Chris were to analyze ours, that would come to the same conclusion.