Question
First-mover advantage is defined as the advantage gained by the initial significant occupant of a market segment. A market participant has a sustainable first-mover advantage
First-mover advantage is defined as the advantage gained by the initial significant occupant of a market segment. A market participant has a sustainable first-mover advantage if it is the first entrant and gains a competitive advantage through control of valuable resources that are inaccessible to competitors that enter the market later on.
Can data as an asset serve as a source of sustainable first-mover advantage? You can justify your answer with examples where data as an asset does or does not create benefits/values for the first- mover and by discussing why these assets/benefits are or are not easily accessible by the second- mover.
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