The first movers of a disruptive technology typically benefit the most from the technology; and it is rare that fast followers catch up quickly.

Question

Quizplus · Accepted Answer

While first movers can gain advantages such as brand recognition and customer loyalty, fast followers can often catch up quickly by learning from the first movers' mistakes and leveraging newer technologies or business models.

The First Movers of a Disruptive Technology Typically Benefit the Most