Question: First - mover disadvantages ( or late - mover advantages ) rarely arise whn - the market response is strong and the pioneer gains a
Firstmover disadvantages or latemover 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 firstmover.
the pioneer's products are somewhat primitive and do not live up to buyer expectations, allowing clever followers to win disenchanted buyers with betterperforming products.
rapid market evolution gives fast followers an opening to leapfrog the pioneer with nextgeneration products of their own.
The costs of loneting are much Migher than being a folover and ony negligile learningexperiencecurve benefits accuere to the pioneer.
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