Late-Mover Advantage and Product Diffusion*
نویسنده
چکیده
The diffusion of a new product, whose price is expected to fall progressively, is modelled as a sequence of Wars of Attrition. The likely pattern of diffusion is found to be reasonably consistent with the empirically observed S-shape.
منابع مشابه
Evolving user needs and late-mover advantage
We propose a generalized NK-model of late-mover advantage where late-mover firms leapfrog first-mover firms as user needs evolve over time. First movers face severe trade-offs between the provision of functionalities in which their products already excel and the additional functionalities requested by users later on. Late movers, by contrast, start searching when more functionalities are alread...
متن کاملAsymmetric Interaction in Competitive Internet Technology Diffusion: Implications for the Competition Between Local and Multinational Online Vendors
This paper explores the diffusion of competitive Internet technology products in the context of competition between local and multinational corporations as well as how the diffusive interactions between technologies affect their dominance in electronic markets. Drawing on existing theories of innovation diffusion, and competitive dynamics, the authors adopted a new diffusion model that incorpor...
متن کاملAre 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 ...
متن کاملSwift and Smart: The Moderating Effects of Technological Capabilities on the Market Pioneering-Firm Survival Relationship
W extend the concept of first-mover advantage to the context of high-technology industries with multiple product generations, and propose that the notion of first-mover advantage needs to be viewed not only through a dynamic lens, but also in conjunction with technological capability. Our main finding is that first-mover advantages are best understood in tandem with the firm’s technological cap...
متن کاملDoes Rst Last? the Existence and Extent of Rst Mover Advantages on Spatial Networks
is paper examines the nature of rst-mover advantages in the deployment of spatially differentiated surface transport networks. A number of factors explaining the existence of rst-mover advantages have been identi ed in the literature; however, the questions of whether these factors exist in spatial networks, and of how they play out with true capital immobility have remained unanswered. By exam...
متن کامل