What are the reasons why it is so difficult for late-moving, incompatible rivals to compete in markets

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What are the reasons why it is so difficult for late-moving, incompatible rivals to compete in markets where a dominant, proprietary standard is present? What is technological leapfrogging and why is it so difficult to accomplish?

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Information Systems A Managers Guide To Harnessing Technology Version 7.0

ISBN: 9781453394045

1st Edition

Authors: John Gallaugher

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Question Posted: Oct 24, 2023 02:16 AM

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What are the reasons why it is so difficult for late-moving, incompatible rivals to compete in markets

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Latemoving incompatible rivals often find it challenging to compete in markets where a dominant proprietary standard is already established for several reasons Network Effects Dominant proprietary sta...View the full answer

Information Systems A Managers Guide To Harnessing Technology Version 7.0

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