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Swift and Smart: The Moderating Effects of Technological Capabilities on the Market Pioneering--Firm Survival Relationship.
- Source :
- Management Science; Nov2009, Vol. 55 Issue 11, p1842-1860, 19p, 4 Charts, 5 Graphs
- Publication Year :
- 2009
-
Abstract
- We extend the concept of first-mover advantage to the context of high-technology industries with multiple product generations, and propose that the notion of first-mover advantage needs to be viewed not only through a dynamic lens, but also in conjunction with technological capability. Our main finding is that first-mover advantages are best understood in tandem with the firm's technological capabilities; early entry is beneficial only for pioneers that are technically strong. However, pioneers that are low on technological capabilities suffer from poor survival rates vis-à-vis market responders or nonentrants into new product generations. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 00251909
- Volume :
- 55
- Issue :
- 11
- Database :
- Complementary Index
- Journal :
- Management Science
- Publication Type :
- Academic Journal
- Accession number :
- 45127345
- Full Text :
- https://doi.org/10.1287/mnsc.1090.1061