Question: First - mover disadvantages ( or late - mover advantages ) rarely arise whn - the market response is strong and the pioneer gains a

First-mover disadvantages (or late-mover advantages) rarely arise whn - the market response is strong and the pioneer gains a monopoly position that enables it to recover its investment.
- the marketplace remains skeptical about the benefits of a new technology or product being pioneered by a first-mover.
- the pioneer's products are somewhat primitive and do not live up to buyer expectations, allowing clever followers to win disenchanted buyers with better-performing products.
- rapid market evolution gives fast followers an opening to leapfrog the pioneer with next-generation products of their own.
The costs of loneting are much Migher than being a folover and ony negligile learning/experience-curve benefits accuere to the pioneer.

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