COMPETITIVE DYNAMICS AND EARLY MOVER ADVANTAGES UNDER ECONOMIC RECESSIONS

Environmental Dynamics and First-mover Advantages in Emerging Markets

How important have emerging and developing markets become in the global economy? According to Goldman Sachs, the combined gross national product (GNP) of the 15 leading emerging markets will overtake that of the leading developed economies (G7) by 2024 (Van Agtmael, 2009). General Motors and Coca-Cola have identified Asia, Russia, and Brazil as the regions where the majority of their growth wil...

Creating value through foresight: First mover advantages and strategic agility

Article history: Received 21 June 2013 Received in revised form 25 August 2014 Accepted 28 August 2014 Available online 18 September 2014 This paper explores the relationship between corporate foresight and the capability of the organization to respond successfully to external changes (i.e., strategic agility).More generally, we investigate the value that firms, facing growing uncertainty becau...

Innovative leadership: First-mover advantages in new product adoption*

This paper analyzes innovation adoption when uncertainty about its profitability cannot be resolved immediately. Firms begin with a common estimate of the probability of high demand. If any adopts, all observe realized demand. An increase in the initial estimate can decrease the equilibrium number of initial adopters, because it results in higher updated estimates that can induce future adoptio...

Are there First-Mover Advantages in B2B eCommerce Technologies?

Recently,“dot-com” startups relied on the well-known concept of “first-mover advantage” to justify huge marketing expenses and large financial losses. The idea was that once the firm had gathered customers, it would keep those customers because it had a first-mover advantage. But was that assumption valid? We analyzed whether first-mover advantage actually occurred in 19 Information Technology ...

Performance/Risk Integration Management Model – PRIM2 Early Mover Series: Maximizing the Value of Competitive Intelligence