Complementary Resources'Role in First Movers and Followers in I.T. Industries
Research indicates that in various industries, including I.T.-driven industries, the market leaders were not first movers, but followers. Perhaps first movers are at a disadvantage when they have less complementary resources than followers do, as hypothesized by Teece (1987). To test that "complementary resources" hypothesis, data was collected on 25 I.T.-driven product categories. However, this study did not establish that complementary resources played a significant role for early entrants in determining market leadership. The paper presents implications of the findings and ideas for further research.
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