The role of environmental dynamics In building a First Mover Advantage theory

نویسندگان

  • Fernando F. Suarez
  • Gianvito Lanzolla
چکیده

We advance first-mover advantage (FMA) theory by invoking two environmental dynamics – the pace of market evolution and the pace of technology evolution. Integrating several streams of literature, we elaborate on the interplay between these dynamics and the “isolating mechanisms” that underpin FMA. We draw a model of specific environmental conditions that potentially enable or disable FMA, and show how this model can sort out the conflicting empirical FMA evidence to date.

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تاریخ انتشار 2003