Timing,order and durability of new product advantages with imitation

This research examined the effects of timing, order and the durability of first mover advantages by analyzing the stock market reactions to new product introductions and imitations. The major findings are that both timing and order of moves are important and that rival reactions undermine the durability of first mover advantages. More specifically, (1) early and fast movers achieve greater gains than late and slow movers, and (2) first movers suffer at the time of new product imitations. Copyright © 2000 John Wiley & Sons, Ltd.     

Glasfaserausbau: Das wirtschaftspolitisch Heikelste kommt noch!

Economic growth is greatly influenced by digital transformation. One condition is powerful high-capacity broadband connectivity based on fiber optic cables. A large part of German network infrastructure is still based on fiberglass. However, there is still a bottleneck: the “last mile”, which consists of copper wire leading to the end user. At this point the data flow is highly decelerated so that applications which require gigabit connectivity will not be possible. It is questionable whether continuing economic competition among network providers will remove this remaining bottleneck. Going forward the government should not trepidate any longer in closing the gap. As in physical infrastructure such as roads and bridges, the maintenance and upgrading of digital infrastructure is its economic responsibility, too.