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Business, 14.03.2020 04:17 maithe

Late-mover advantages (or first-mover disadvantages) are not likely to arise when:a. opportunities exist for a blue-ocean strategy to invent a new industry or distinctive market segment that creates altogether new demand. b. the marketplace is skeptical about the benefits of a new technology or product being pioneered by a first-mover. c. technological change is rapid and fast-following rivals find it easy to leapfrog the pioneer with next-generation products of their own. d. the costs of pioneering are much higher than being a follower and only negligible learning/experience benefits accrue to the pioneer. e. the pioneer's products are somewhat primitive and are easily bested by late movers.

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