There is a debate within economic theory on the timing of business decisions and how firms can maximize profit in that time. First mover advantage is common addresses as a key strategy for success; however, some see second mover advantage as potentially beneficial as well. In the industry in which you work (or wish to work), which of these two (first mover vs. second mover) has proven more successful? Why do you think this is the case?

Please give a critical question to discuss with my mates later