Article first published online: 16 FEB 2007
Copyright © 1988 John Wiley & Sons, Ltd.
Strategic Management Journal
Special Issue: Strategy Content Research
Volume 9, Issue S1, pages 41–58, Summer 1988
How to Cite
Lieberman, M. B. and Montgomery, D. B. (1988), First-mover advantages. Strat. Mgmt. J., 9: 41–58. doi: 10.1002/smj.4250090706
- Issue published online: 16 FEB 2007
- Article first published online: 16 FEB 2007
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.