First-mover (dis)advantages: retrospective and link with the resource-based view
Version of Record online: 4 DEC 1998
Copyright © 1998 John Wiley & Sons, Ltd.
Strategic Management Journal
Volume 19, Issue 12, pages 1111–1125, December 1998
How to Cite
Lieberman, M. B. and Montgomery, D. B. (1998), First-mover (dis)advantages: retrospective and link with the resource-based view. Strat. Mgmt. J., 19: 1111–1125. doi: 10.1002/(SICI)1097-0266(1998120)19:12<1111::AID-SMJ21>3.0.CO;2-W
- Issue online: 4 DEC 1998
- Version of Record online: 4 DEC 1998
- Manuscript Received: 19 JUN 1998
- first-mover advantage;
- pioneer advantage;
- follower advantage;
- resource-based view;
- market entry
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.