scholarly journals A Study Of Corporate Venturing And Sustainability Of First Mover Advantages During Technological Disruption In The U.S. Mobile Wireless Data Industry

2007 ◽  
Vol 11 (4) ◽  
pp. 97-104
Author(s):  
Ronald M. Rivas
Keyword(s):  
Parent Support ◽  
Wireless Data ◽  
Corporate Venturing ◽  
First Mover Advantage ◽  
Pioneering Advantage ◽  
The Face ◽  
The Impact ◽  
First Mover ◽  
Better Than

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.

The Impact of Psychological Traits on Performance Under Pressure—Experimental Evidence of Handball Penalties

2021 ◽  
pp. 152700252110271
Author(s):  
Christoph Bühren ◽  
Lisa Träger
Keyword(s):  
Field Experiment ◽  
Experimental Evidence ◽  
Psychological Traits ◽  
Sequential Games ◽  
First Mover Advantage ◽  
The Impact ◽  
First Mover ◽  
Better Than ◽  
Performance Under Pressure

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.

TECHNOLOGY DEPLOYMENT BY LATE MOVERS

2017 ◽  
Vol 21 (04) ◽  
pp. 1750040
Author(s):  
KIM WANG
Keyword(s):  
Liquid Crystal Display ◽  
Thin Film Transistor ◽  
Positive Association ◽  
Technology Deployment ◽  
Trade Offs ◽  
First Mover Advantage ◽  
Management Literature ◽  
The Impact ◽  
First Mover ◽  
Late Movers

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.

One piece does not a puzzle make: the first-mover decision as one piece on the foreign investment strategy puzzle

2014 ◽  
Vol 8 (3) ◽  
pp. 193-208
Author(s):  
Bradley J. Koch
Keyword(s):  
Foreign Investment ◽  
Empirical Studies ◽  
Investment Strategy ◽  
Strategic Decision ◽  
Investment Strategies ◽  
Strategic Decisions ◽  
Content Type ◽  
First Mover Advantage ◽  
First Mover ◽  
Better Than

Purpose – The purpose of this paper is to analyze the first-mover decision as one decision of a set of strategic decisions that ultimately determine performance. Design/methodology/approach – The author used survey data collected from foreign-invested firms in Sichuan, China, to test for evidence that first-movers perform better than late-movers. Findings – The results reveal that there is a first-mover advantage when the other strategic variables are not included in the model. When the entire set of strategic variables is included, however, the first mover variable loses its significance and the willingness of the foreign partner to commit additional resources becomes the best predictor of performance. Consequently, it was argued that foreign investment strategies should be analyzed as a set of strategic decisions managers make to formulate the best mix. Originality/value – The empirical evidence for the first-mover advantage may not be as well grounded as many have thought. When the first-mover strategic decision is analyzed in isolation from other strategic variables, which is commonly done in many empirical studies, it indicates that firms that enter China before their competitors perform better. Unfortunately, it is more logical to assume that managers dynamically develop a set of strategic decisions that ultimately determine the firm’s performance. To extrapolate one static decision from the strategic decision set and make broad assertions about its effect of performance is an over-simplification of the strategic decision process.

Swing Pricing for Mutual Funds: Breaking the Feedback Loop Between Fire Sales and Fund Redemptions

2020 ◽  
Vol 66 (8) ◽  
pp. 3581-3602 ◽  
Author(s):  
Agostino Capponi ◽  
Paul Glasserman ◽  
Marko Weber
Keyword(s):  
Mutual Funds ◽  
Mutual Fund ◽  
Feedback Loop ◽  
Nonlinear Dependence ◽  
Fire Sales ◽  
First Mover Advantage ◽  
Asset Value ◽  
Net Asset Value ◽  
The Impact ◽  
First Mover

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.

Renault Duster: dusting away competition or facing a dust storm?

2015 ◽  
Vol 5 (3) ◽  
pp. 1-9
Author(s):  
Subhalaxmi Mohapatra ◽  
Subhadip Roy
Keyword(s):  
Marketing Strategy ◽  
Business Strategy ◽  
Brand Management ◽  
Development Program ◽  
Growth Strategy ◽  
Content Type ◽  
First Mover Advantage ◽  
The Impact ◽  
First Mover

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.

Struggle for De Facto Standards

2008 ◽  
pp. 147-166
Author(s):  
Toru Higuchi ◽  
Marvin Troutt
Keyword(s):  
Sales Promotion ◽  
The Other ◽  
Recording Time ◽  
Other Hand ◽  
First Mover Advantage ◽  
The Face ◽  
Minimum Requirements ◽  
Catch Up ◽  
First Mover ◽  
De Facto Standards

In this chapter, we discuss the struggle for the de facto standard based on the Betamax versus VHS case in the late 1970s. In the middle of the 1970s, Sony and JVC introduced Betamax and VHS, both of which satisfied minimum requirements for commercialization. Although Sony had a first mover advantage in the market, JVC and VHS group turned the face about by 1980. The capabilities for the first Betamax and VHS, SL-6300 and HR-3300, were almost equal. The first VHS excelled the first Betamax in the lighter weight, the longer recording time, the compatibility. The consumers preferred HR- 3300 because of the longer maximal recording time to videotape the movies, the baseball games, and the football games. Most videotaped programs by all VHS machines can playback except for a few models. On the other hand, Sony made a disconnection to the first Betamax when they launched Beta II in 1977. In addition, JVC formed the VHS group to catch up with Sony. This group worked effectively to enhance the product capability and the sales promotion.

scholarly journals Hubungan Antara Dukungan Orang Tua Dan Pengetahuan Siswi Dengan Kesiapan Siswi Dalam Menghadapi Menstruasi Di MI Sanggrong Tegalrejo Purwantoro Wonogiri

2018 ◽  
Vol 3 (1) ◽  
Author(s):  
Rahmawati Rahmawati ◽  
Murwati Murwati ◽  
Henik Istikhomah
Keyword(s):  
Parental Support ◽  
Pearson Correlation ◽  
Female Students ◽  
Parent Support ◽  
Menstrual Period ◽  
P Value ◽  
Correlation Test ◽  
Pearson Correlation Test ◽  
The Face ◽  
The Impact

Abstract: Support Parent, Knowledge Of Student, Readiness Of Student, Menstruation. Menarche is a sign of early entry of a woman in the reproductive period.Menarche is the first menstrual period experienced by all women, especially adolescents. All teenagers who will experience the first menstruation most say fear,anxiety, and not yet avail, this is due to lack of parental support and lack of knowledge of girls about menstruation so that the impact on the readiness of female students in menstrual period. Purpose: to know the relationship between parental support and knowledge students about menstruation with the readiness of students in the face of menstruation. Method: This research is a descriptive analytic research with cross sectional approach. The population in this study were all students of MI Sanggrong class IV, V, VI in 2017 which amounted to 64 students. Sampling by using purposive sampling with amount as much as 33 student. Result of research: parent support to menstruation enter enough category as much 47,2% of respondents. Students' knowledge about menstruation is categorized as good as 66.7% of respondents. While the readiness of students in the face of menstruation is said to be as much as 88.9%. The value of p value on pearson correlation test between parental support and side readiness is 0,011 where p value <0,05 meaning there is significant relation between parent support with readiness of student in facing menstruation. While the value of p value of Pearson correlation test between students 'knowledge with the readiness offemale students in facing menstruation is 0.001 where p value <0.05 which means there is a relationship between students' knowledge about menstruation and readiness of students in the face of menstruation. Conclusion: There is a relationship between the support of parents and the knowledge of female students with the readiness of female students in facing menstruation in MI sanggrong, tegalrejo, purwantoro, wonogiri with p value 0.001 and 0.011

Particularities of the independent auditor's report on reliability of accounting (financial) statements for 2019: COVID-19 as qualitatively essential information (Part 2)

2020 ◽  
Vol 23 (7) ◽  
pp. 777-799
Author(s):  
O.I. Shvyreva ◽  
Z.I. Kruglyak ◽  
A.V. Petukh
Keyword(s):  
Financial Reporting ◽  
Financial Statements ◽  
Economic Situation ◽  
Risk Disclosure ◽  
Essential Information ◽  
Logical Method ◽  
Annual Reporting ◽  
The Face ◽  
Key Aspects ◽  
The Impact

Subject. This article discusses the issues related to the practice of financial reporting in the face of uncertainties caused by the coronavirus contagion, as well as the specifics of the audit strategy and formation of an audit opinion on this reporting. Objectives. The article aims to identify the quality characteristics of financial reporting prepared in the context of the COVID-19 pandemic and justify the key aspects of assurance engagement completion in an extremely uncertain epidemiological and economic situation. Methods. For the study, we used an abstract-logical method, content analysis techniques, systematization, and classification. Results. Analyzing the impact of the extremely uncertain epidemiological and economic situation on financial statements, the article clarifies aspects of disclosure of events after the reporting date and threats to business continuity in the annual reporting of economic entities. The article identifies possible alternative procedures and algorithms to obtain proper evidence when it is insufficient in the face of the inability to meet certain audit standards requirements in a remote audit environment. The article defines the impact of COVID-19 risk disclosure on the structure of the audit report and opinion. Relevance. The results of the study can be used in the practical activities of economic entities that prepare financial statements in the face of significant uncertainty, as well as auditors and audit organizations.

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