A question of strategy: To be a pioneer or a follower?

One of the most important questions faced by business leaders in the strategic management process is a choice of timing to launch new product/technologies and enter new markets. There are two options: to be a pioneer or to be a follower. Both have advantages and risks. Pioneers often have higher pro...

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Main Author: Kaličanin Đorđe
Format: Article
Language:English
Published: Faculty of Economics, Belgrade 2008-01-01
Series:Ekonomski Anali
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0013-3264/2008/0013-32640877089K.pdf
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spelling doaj-89cc0db7ba3346a5aa2da642de9d4e102020-11-24T23:47:59ZengFaculty of Economics, BelgradeEkonomski Anali0013-32642008-01-01531778910210.2298/EKA0877089KA question of strategy: To be a pioneer or a follower?Kaličanin ĐorđeOne of the most important questions faced by business leaders in the strategic management process is a choice of timing to launch new product/technologies and enter new markets. There are two options: to be a pioneer or to be a follower. Both have advantages and risks. Pioneers often have higher profitability, greater market share, and a longer business life, but the relative success of each strategy depends on several factors, both internal and external (pace of evolution of technology and markets). http://www.doiserbia.nb.rs/img/doi/0013-3264/2008/0013-32640877089K.pdfpioneerfollowerfirst-mover advantage
collection DOAJ
language English
format Article
sources DOAJ
author Kaličanin Đorđe
spellingShingle Kaličanin Đorđe
A question of strategy: To be a pioneer or a follower?
Ekonomski Anali
pioneer
follower
first-mover advantage
author_facet Kaličanin Đorđe
author_sort Kaličanin Đorđe
title A question of strategy: To be a pioneer or a follower?
title_short A question of strategy: To be a pioneer or a follower?
title_full A question of strategy: To be a pioneer or a follower?
title_fullStr A question of strategy: To be a pioneer or a follower?
title_full_unstemmed A question of strategy: To be a pioneer or a follower?
title_sort question of strategy: to be a pioneer or a follower?
publisher Faculty of Economics, Belgrade
series Ekonomski Anali
issn 0013-3264
publishDate 2008-01-01
description One of the most important questions faced by business leaders in the strategic management process is a choice of timing to launch new product/technologies and enter new markets. There are two options: to be a pioneer or to be a follower. Both have advantages and risks. Pioneers often have higher profitability, greater market share, and a longer business life, but the relative success of each strategy depends on several factors, both internal and external (pace of evolution of technology and markets).
topic pioneer
follower
first-mover advantage
url http://www.doiserbia.nb.rs/img/doi/0013-3264/2008/0013-32640877089K.pdf
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