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Market Pioneer and Early Follower Survival Risks: A Contingency Analysis of Really New Versus Incrementally New Product-Markets

Robinson, William T. - ; Min, Sungwook - ; Kalwani, Manohar U. - ;

Does the first entrant in a new market have a difficult time surviving or do first-mover advantages provide protection from outright failure? This emprical study of 264 new industrial product-markets yields insights into this controversial reserach topic. The key data analaysis insights arise through a comparison of survival risks in markets that were started with a really new product and in those that were started with an incremental innovation. When a pioneer starts a new market with a really new product, it can be a major challenge just to survive. In contrast, in markets started by an incremental innovation, maket pioneer survival risks are much lower. Notably, earlly followers have the same survival risk accross both types of markets. Overall, these results indicate that in markets started by a really nem product, the first to market is often the first to fail. In contrast, in markets started by an incremental innovation, it appears that first-mover advantages protect the pioneer from outright failure.


Ketersediaan

Call NumberLocationAvailable
JM7001PSB lt.dasar - Pascasarjana1
PenerbitChicago, IL: American Marketing Association 2006
EdisiVol. 70, No. 1, Jan., 2006
SubjekNew product
Market
Incremental innovation
Product-markets
ISBN/ISSN0022-2429
KlasifikasiNONE
Deskripsi Fisik19 p.
Info Detail SpesifikJournal of Marketing
Other Version/RelatedTidak tersedia versi lain
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  • Market Pioneer and Early Follower Survival Risks: A Contingency Analysis of Really New versus Incrementally New Product-Markets

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