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QUESTION 3 Which conditions are better for first movers and which are better for fast followers? - High network effects A. First Movers - v

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QUESTION 3 Which conditions are better for first movers and which are better for fast followers? - High network effects A. First Movers - v Undeveloped supply and distribution channels B. Fast Followers v Immature enabling technologies and complements - v Uncertain customer requirements - Brand loyalty and technological leadership - v High economies of scale

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