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First-mover advantages

Strategic Management Journal · 1988 · Vol. 9(S1) · pp. 41–58
Marvin B. LiebermanDavid B. Montgomery

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.

Firm Innovation and GrowthInnovation and Knowledge ManagementDigital Platforms and EconomicsFirst-mover advantageBusinessIndustrial organizationManagement scienceComputer scienceProcess managementEconomics
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References
Imitation Costs and Patents: An Empirical Study
The Economic Journal · 1981 · 1,334 citations
Technology Adoption in the Presence of Network Externalities
Journal of Political Economy · 1986 · 2,638 citations
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The Visible Hand: The Managerial Revolution in American Business
Journal of American History · 1978 · 2,386 citations
Industrial Market Structure and Economic Performance.
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