first mover disadvantage definition

glossary: first mover disadvantage definition

Glossary: first mover disadvantage



First mover disadvantage arise when costs of pioneering are sizable and loyalty of first time buyers is weak. First mover disadvantages includes resolution of technological uncertainty, resolution of strategic uncertainty, Free-rider effect - others duplicate based on the leader's success and complementary assets to exploit core technological expertise.

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Definition: first mover disadvantage

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Glossary: first mover disadvantage business plan definition - 2001-2003 HJ Ventures International, Inc.