Free rider effects
Revision as of 07:14, 25 August 2020 by Dirkjan (talk | contribs) (Created page with "Learning effects can constitute a first-mover advantage. If the cannot be kept proprietary, then competitors will benefit from them without having to make...")
Learning effects can constitute a first-mover advantage. If the cannot be kept proprietary, then competitors will benefit from them without having to make the same investments as the first mover(s). In general: developing a market as a first mover is more expensive than just imitating it.
Part of Early mover effects
