When a first mover does not have complementary assets, barriers to imitation are high, and there are several capable competitors, the first mover should:
A) license the innovation to others.
B) enter into a joint venture to protect the product.
C) lower the barriers for imitation.
D) sell the technology outright to another firm.
E) wait until competitors develop an alternative product.

Question

Quizplus · Accepted Answer

The Answer of When a first mover does not have complementary assets, barriers to imitation are high, and there are several capable competitors, the first mover should:
A) license the innovation to others.
B) enter into a joint venture to protect the product.
C) lower the barriers for imitation.
D) sell the technology outright to another firm.
E) wait until competitors develop an alternative product.

When a First Mover Does Not Have Complementary Assets, Barriers