Swift and Smart: The Moderating Effects of Technological Capabilities on the Market Pioneering-Firm Survival Relationship

被引:94
作者
Franco, April M. [1 ]
Sarkar, M. B. [2 ]
Agarwal, Rajshree [3 ]
Echambadi, Raj [3 ]
机构
[1] Univ Toronto, Rotman Sch Management, Toronto, ON M5S 3E6, Canada
[2] Temple Univ, Fox Sch Business & Management, Philadelphia, PA 19122 USA
[3] Univ Illinois, Coll Business, Champaign, IL 61820 USA
关键词
dynamic capabilities; first-mover advantage; strategy; industry evolution; entrepreneurship; technology strategy; R-AND-D; MOVER ADVANTAGE; COMPETITIVE ADVANTAGE; STRATEGIC RENEWAL; TO-MARKET; ENTRY; PERFORMANCE; DYNAMICS; INNOVATION; KNOWLEDGE;
D O I
10.1287/mnsc.1090.1061
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
We extend the concept of first-mover advantage to the context of high-technology industries with multiple product generations, and propose that the notion of first-mover advantage needs to be viewed not only through a dynamic lens, but also in conjunction with technological capability. Our main finding is that first-mover advantages are best understood in tandem with the firm's technological capabilities; early entry is beneficial only for pioneers that are technically strong. However, pioneers that are low on technological capabilities suffer from poor survival rates vis-a-vis market responders or nonentrants into new product generations.
引用
收藏
页码:1842 / 1860
页数:19
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