First-mover (dis)advantages: retrospective and link with the resource-based view


  • Marvin B. Lieberman,

    Corresponding author
    1. The Anderson School of Management, University of California, Los Angeles, California, U.S.A.
    • The Anderson School at UCLA, Box 951481, Los Angeles, CA 90095-1481, U.S.A.
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  • David B. Montgomery

    1. Graduate School of Business, Stanford University, Stanford, California, U.S.A.
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This article reflects upon and updates our prize-winning paper, ‘First-mover advantages,’ which was published in SMJ 10 years ago. We discuss the evolution of the literature over the past decade and suggest opportunities for continuing research. In particular, we see benefits from linking empirical findings on first-mover advantages with the complementary stream of research on the resource-based view of the firm. © 1998 John Wiley & Sons, Ltd.