First Mover (Dis)Advantages: Retrospective and Link with the Resource Based View

First Mover (Dis)Advantages: Retrospective and Link with the Resource Based View

By
Marvin B. Lieberman, David Bruce Montgomery
Strategic Management Journal. December
1998, Vol. 19, Issue 12, Pages 1111–1125
This article reflects upon and updates our prize-winning paper, ‘First-mover advantages,’ which
was published in SMJ 10 years ago. We discuss the evolution of the literature over the past
decade and suggest opportunities for continuing research. In particular, we see benefits from
linking empirical findings on first-mover advantages with the complementary stream of research
on the resource-based view of the firm.