Difference between revisions of "Early mover effects"

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Latest revision as of 20:08, 27 August 2020

A firm daring to invest in a Disruptive innovation can enjoy so called early mover advantages. These include:

  1. Learning effects
  2. Brand and reputation
  3. Switching costs
  4. Network effects

Disadvantages can include

  1. Market uncertainty
  2. Technology uncertainty
  3. Free rider effects
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