Question: QUESTION 4 ( 2 0 Marks ) Research in the provision of fast Internet access continues unabated. Assume you are appointed to launch a revolutionary

QUESTION 4(20 Marks)
Research in the provision of fast Internet access continues unabated. Assume you are appointed to launch a revolutionary
mobile network in South Africa with fast connectivity surpassing the current 5G. Consider the above insights to fully appraise pioneer advantages and disadvantages for investors of such innovation.
Advantages
Economies of scale
Technological leadership
Patents
Ownership of scarce assets
Other barriers to entry
Disadvantages
New products were too crude
New products and services were improperly positioned
They appeared before there was a strong demand
Product-development costs were high
Lack of resources to compete
Managerial incompetence or unhealthy complacency were apparent

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