Which of the following is a first-mover advantage for a technology innovator?
A)being able to charge a premium price
B)letting someone else work out all the bugs
C)having an infrastructure ready to support the technology
D)being able to take advantage of complementary products
E)having a ready-made customer base

Question

Quizplus · Accepted Answer

A first-mover advantage for a technology innovator is being able to charge a premium price as they have established themselves as the first to bring a new product or technology to the market, giving them a competitive edge.

Which of the Following Is a First-Mover Advantage for a Technology