Question: A new product often has to the two or three times better in some dimension to dislodge a locked-in rival. In knowledge-based markets, entering first
A new product often has to the two or three times better in some dimension to dislodge a locked-in rival. In knowledge-based markets, entering first with a good product can yield advantage. But as strategy, this is still too passive. What is needed is active management of increasing returns. True False
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