First‐mover advantages

Marvin B. Lieberman and David B. Montgomery

Strategic Management Journal, 1988, vol. 9, issue S1, 41-58

Abstract: This article surveys the theoretical and empirical literature on mechanisms that confer advantages and disadvantages on first‐mover firms. Major conceptual issues are addressed, and recommendations are given for future research. Managerial implications are also discussed.

Date: 1988
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