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Research Notes and Communications First-Mover Effects in Multiple Dynamic Markets (Strategic Management Journal, Vol. 13, No. 3, March 1992)
Bibliografi
Author:
Mascarenhas, Briance
Topik:
First-mover effects
;
international markets
;
market pioneering
;
market share
Bahasa:
(EN )
Penerbit:
John Wiley & Sons
Tempat Terbit:
New York
Tahun Terbit:
1992
Jenis:
Article - diterbitkan di jurnal ilmiah internasional
Fulltext:
15.pdf
(268.08KB;
0 download
)
Abstract
A study of first-mover effects in semi-submersible oil-drilling suggests that first-entrants in
international markets maintain higher market share after controlling for market localization
and life cycle. Examining only surviving entrants at a point in time inflates this pioneeringmarket
share relationship. Pioneering has an inter-market effect on market share, greater
than the intra-market effect. Multinational firms may use market piorleering to resist
localization pressures and enhance survival in foreign markets. The study suggests the
importance of careful first-mover idertt@cation anti market definition, a wider examination
of first-mover effects over multiple markets, and control for measurement timing.
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