D'Aveni's model of timing-know-how competition implies:
A)a firm becoming a first mover attempts to create barriers to entry
B)a fresh price war results from a firm becoming a first mover
C)a first mover responds to barriers to entry by leapfrogging over them
D)new entrant matches to first mover through amalgamation

Question

Quizplus · Accepted Answer

D'Aveni's model suggests that a firm becoming a first mover attempts to create barriers to entry. This is to prevent or slow down potential competitors from entering the market and gaining a share of the market. By creating barriers to entry, the first mover can gain an advantage and establish itself as a dominant player in the market.

D'Aveni's Model of Timing-Know-How Competition Implies