[SOLVED] Which of the following conditions do not constitute a late-mover advantage (or first-mover disadvantage)?
The lack of any barriers to entering into an alliance or merging with another firm
When buyers are skeptical about the benefits of a new technology or product being pioneered by a first-mover
When technological change is rapid and follower firms (and maybe even cautious late-movers) find it easy to leapfrog a first-mover with more attractive next-version products
When customer loyalty to the pioneer is low and a first-mover's skills, know-how, and actions are easily copied or even surpassed
When pioneering leadership is more costly than imitating followership