The three primary sources of a first-mover advantage are technology leadership, control of resources, and buyer switching costs.
Technology leadership
First movers can … See more

First-movers are not always able to benefit from being first. Whereas firms who are the first to enter the market with a new product can gain substantial market share due to lack of … See more

There are several problems that do arise when one attempts to clearly define "first-mover advantages". These prevent us from entirely accepting that a company gains a clearly defined benefit from being the first to produce and market a particular product. Many … See more

Although being a first-mover can create an overwhelming advantage, in some cases products that are first to market do not succeed. These … See more

Endogeneity and exogeneity of first-mover opportunities
First-mover advantages are typically the result of two things: technical proficiency (endogeneic) and … See more

Different studies have produced varying results with respect to whether or not, on the whole, first-mover advantages exist and provide a profitable result for pioneers. There have been two … See more

• Scoop (term)
• Schumpeterian rent See more