Pioneering success: The benefits of being a first-mover in gaining competitive advantage

Abstract

Purpose:

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design:

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings:

First-mover advantage is known to bestow pioneering firms with considerable dominance and control over a market. Yet FMA does not necessarily last, with later entrants able to adapt and innovate better and in turn, gain preeminence in a market.

Originality:

The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

Robertson, J.A. (2021), "Pioneering success: The benefits of being a first-mover in gaining competitive advantage", Strategic Direction, Vol. 37 No. 11, pp. 26-28. https://doi.org/10.1108/SD-10-2021-0115