Questions from Strategic Management

Q: What are some examples of industries not mentioned in the chapter that

What are some examples of industries not mentioned in the chapter that demonstrate increasing returns to adoption?

Q: What factors will (or should) influence a firm’s pricing strategy

What factors will (or should) influence a firm’s pricing strategy?

Q: What are some of the ways a firm can try to increase

What are some of the ways a firm can try to increase the overall value of its technology, and its likelihood of becoming the dominant design?

Q: What are some of the advantages of entering a market early?

What are some of the advantages of entering a market early? Are there any advantages to entering a market late?

Q: Can you think of an example of a successful a)

Can you think of an example of a successful a) first mover, b) early follower, and c) late entrant? Can you think of unsuccessful examples of each?

Q: What factors might make some industries harder to pioneer than others?

What factors might make some industries harder to pioneer than others? Are there industries in which there is no penalty for late entry?

Q: Are dominant designs good for consumers? Competitors? Complementors? Suppliers

Are dominant designs good for consumers? Competitors? Complementors? Suppliers?

Q: What is the difference between a strength, a competitive advantage,

What is the difference between a strength, a competitive advantage, and a sustainable competitive advantage?

Q: What makes an ability (or set of abilities) a core

What makes an ability (or set of abilities) a core competency?

Q: Why is it necessary to perform an external and internal analysis before

Why is it necessary to perform an external and internal analysis before the firm can identify its true core competencies?