Emulation has a specific meaning when it comes to computers, it means making one computer run programs from an incompatible one. Copying, on the other hand, is prevalent throughout computing. For example, if I copy a file (i.e. clone it), am I emulating the file? I'm sorry, but your definitions are not standing up to scrutiny.
It's behaviour you emulate. So daemon tools is a dvd drive emulator.
Or you can have an ISA card:
http://www.flickr.com/photos/defor/sets/72157623805154726/ Emulation doesn't just refer to software that makes a computer behave like another. However much you wish it did.
The term emulation started out purely as using hardware, using software was considered simulation (probably because you couldn't achieve real time results with software).
IBM PC's and clones share some chips, but the circuit board is different. It was only really the processors that were shared, the rest that makes it a clone was the same memory map etc. Before nvidia/ati/s3 etc you had custom graphics cards that emulated only certain functionality of IBM's original chips. Most graphics chips these days only emulate enough of VGA for the BIOS and windows boot screen & the days are numbered for that. Windows 7 uses a VESA mode (1024x768 IIRC) on bootup instead of Mode-X.
The term clone is similar to emulation in that IBM never made any clones, even though they made loads of different PC's. The clones were just as different to each other as they were to IBM's designs.