[[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]]
bag
businessmodelling_public
created
Sat, 18 Sep 2010 19:03:08 GMT
creator
dirkjan
modified
Sat, 18 Sep 2010 19:03:08 GMT
modifier
dirkjan
tags
Business
M8
Modeling
Term
creator
dirkjan