Early followers enter the market only after a product begins to penetrate the mass market.
Correct Answer:
Verified
Q3: Doven Inc.pioneered software development in the 1970s
Q4: All pioneers face customer uncertainty.
Q5: Late entrants typically bear the bulk of
Q6: Many start-up firms demise because new innovations
Q7: Marine Systems was the first company to
Q9: In industries that have increasing returns to
Q10: Early leaders are firms that are the
Q11: If the aspects that customers have come
Q12: In an industry characterized by increasing returns
Q13: The first entrants to sell in a
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