Explain Why Sometimes the Follower and Not the First Mover

question 4

Essay

Explain why sometimes the follower and not the first mover of a new technology is more successful in the marketplace.

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Definitions:

Cognitive Abilities

Refers to mental capacities involved in processing information, problem-solving, decision making, and learning.

Evolutionary Theory

A scientific theory that explains the diversity of life on Earth by means of natural selection and genetic variation over generations.

Operating Room

A facility within a hospital or clinic where surgical operations are carried out in a sterile environment.

Androgynous

Exhibiting both masculine and feminine qualities, or a style of fashion that challenges traditional gender norms.