Meta-Analysis of the Impact of Research Methods on Findings of First-Mover Advantage

1997 ◽  
Vol 43 (11) ◽  
pp. 1510-1519 ◽  
Author(s):  
Pieter A. VanderWerf ◽  
John F. Mahon
2017 ◽  
Vol 21 (04) ◽  
pp. 1750040
Author(s):  
KIM WANG

It is widely accepted that the first firm to deploy the latest technology will enjoy monopoly profits. However, research shows that the first mover advantage is quickly eroded by late movers. Technology deployments by late movers remain largely under-explored. This study explores the impact of the technological and market capabilities of late movers on their deployment timing, and how this impact is moderated by the pace of frontier advancement. We find a positive association between a firm’s capabilities and the earliness of its deployment timing. A faster pace of frontier advancement exacerbates the impact of a firm’s capabilities on technology deployment timing. We draw empirical evidence from the thin film transistor-liquid crystal display (TFT-LCD) industry between 1995 and 2010. This paper contributes to the technology management literature by developing a deeper understanding of the trade-offs involved in the timing of technology deployments.


2021 ◽  
pp. 152700252110271
Author(s):  
Christoph Bühren ◽  
Lisa Träger

Our field experiment analyzes the influence of psychological traits on performance in sequential games. It uses handball penalties thrown under individual, team, or tournament incentives in the ABBA sequence. Considering the single moves of these games, player A and player B are taking turns in being the first-mover. We find no significant first-mover advantage. However, we observe that player A performs better than player B under tournament incentives and if he or she is confident enough.


2020 ◽  
Vol 66 (8) ◽  
pp. 3581-3602 ◽  
Author(s):  
Agostino Capponi ◽  
Paul Glasserman ◽  
Marko Weber

We develop a model of the feedback between mutual fund outflows and asset illiquidity. Following a market shock, alert investors anticipate the impact on a fund’s net asset value (NAV) of other investors’ redemptions and exit first at favorable prices. This first-mover advantage may lead to fund failure through a cycle of falling prices and increasing redemptions. Our analysis shows that (i) the first-mover advantage introduces a nonlinear dependence between a market shock and the aggregate impact of redemptions on the fund’s NAV; (ii) as a consequence, there is a critical magnitude of the shock beyond which redemptions brings down the fund; (iii) properly designed swing pricing transfers liquidation costs from the fund to redeeming investors and, by removing the nonlinearity stemming from the first-mover advantage, it reduces these costs and prevents fund failure. Achieving these objectives requires a larger swing factor at larger levels of outflows. The swing factor for one fund may also depend on policies followed by other funds. This paper was accepted by David Simchi-Levi, finance.


2015 ◽  
Vol 5 (3) ◽  
pp. 1-9
Author(s):  
Subhalaxmi Mohapatra ◽  
Subhadip Roy

Subject area The major issues discussed in the case are related to first-mover advantage, segmenting, targeting and positioning and marketing strategy. Study level/applicability The case could be discussed in a postgraduate program for marketing and brand management and also for strategic management. It could also be used for an executive development program for marketing and business strategy. Case overview The present case is on the Renault Duster, a compact SUV (sports utility vehicle) launched by Renault India in 2012. Equipped with attractive design, innovative features and smart technology, the company used buzz marketing and social media marketing to promote the brand. Competitive pricing of Duster attracted both premium hatchback and sedan buyers in India as the company realized both sales and awards. However, sales started declining from the second half of 2013, and competition used both pricing strategy and exhaustive mass media advertising to compete with the Duster. The other cars from Renault India could not replicate the success of the Duster, which was contributing to around 80 per cent of the total sales of the company in India. Renault thus faced the challenge of losing their ground in the Indian market if they could not revive the sales of the Duster. Expected learning outcomes Product differentiation and brand positioning (the case is a good example of first-mover advantage); market segmentation and creating a new segment; branding strategy and the role of marketing communications in the same; analyze the role of a long term growth strategy and how it influences product/marketing strategy (business strategy course); understand the probable threats of business due to overdependence on one product (business strategy course); understand the impact of inter-firm rivalry on brandsuccess (business strategy course). Supplementary materials Teaching notes areavailable for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes.


2007 ◽  
Vol 11 (4) ◽  
pp. 97-104
Author(s):  
Ronald M. Rivas

This study tests the impact of corporate venturing (CV) forms on the sustainability of pioneering advantage. Using the Miles and Covin 2002 classification of CV forms, this study shows that performance of early entrants is twice as much higher than performance of lagers. However, the effect of parent support prior to entry is substantially larger than the pioneering effect. Companies entering a market via direct external CV perform twenty five to fifteen times better than companies entering via direct internal CV. Hence, the sustainability of first mover advantage is challenged in the face of new entrants with superior resources.


2004 ◽  
Author(s):  
Bruce Blaine ◽  
Jennifer McElroy ◽  
Hilary Vidair
Keyword(s):  

2020 ◽  
Vol 5 (1) ◽  
pp. 27-47
Author(s):  
Sitti Aisyah. M Aisyah ◽  
Sappaemi

The Corona virus pandemic exploited by irresponsible elements.  They do a cunning business strategy, which is to hoard goods, in fiqhi terms known as iḥtikār. In the Islamic view, iḥtikār is a prohibited business practice and will be met with a painful punishment in the afterlife.  The purpose of this paper is to provide an understanding about the impact of COVID 19 on the practice of buying and selling (iḥtikār).  This paper uses qualitative research methods in the form of library reseach using the shar'i approach.  From this study it can be concluded that the behavior of hoarding goods with the aim of reselling them at high prices to obtain large profits.  In Islamic Shari'ah, iḥtikār‘s law is haram because it contains elements that harm others.  This is very clearly stated in QS al-Humazah/109: 1-2 and punished by sin as stipulated in the hadith of the Messenger of Allah.


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