Disruptive technologies are tricky.Firms that invent disruptive technologies as ______________________________________________________________.
A) as "first movers" always benefit if they lack the resources to exploit the technology or fail to see the opportunity.
B) as "first agents" do not always benefit if they lack the resources to exploit the technology or fail to see the opportunity.
C) as "first movers" do not always benefit if they lack the resources to exploit the technology or fail to see the opportunity.
D) as "first agents" always benefit if they lack the resources to exploit the technology or fail to see the opportunity.

Question

Quizplus · Accepted Answer

Firms that invent disruptive technologies as "first movers" do not always benefit if they lack the resources to exploit the technology or fail to see the opportunity. This is because being the first to invent a technology does not guarantee success, as many other factors such as market timing, consumer adoption, and competition can play a significant role in the success or failure of a disruptive technology. Therefore, having the resources and strategic vision to effectively exploit the technology is crucial for realizing the potential benefits of being a first mover.

Disruptive Technologies Are Tricky