First mover advantage


 

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First mover advantage

The advantage that a firm or country may derive from being the first to enter a market, or from being the first to use a new technology, advertising technique, etc.



Similar Matches

Yield advantage

Yield advantage

The advantage gained by purchasing convertible securities instead of common stock, which equals the difference between the rates of return of the convertible security and the common shares.


Net advantage to leasing

Net advantage to leasing

The net present value of entering into a lease financing arrangement rather than borrowing the necessary funds and buying the asset.


Absolute advantage

Absolute advantage

The ability to produce a good at lower cost, in terms of real resources, than another country. In a Ricardian model, cost is in term of only labor. Absolute advantage is neither necessary nor sufficient for a country to export a good. See comparative advantage.


Net advantage to merging

Net advantage to merging

The difference in total post- and pre-merger market value minus the cost of the merger.


Revealed comparative advantage

Revealed comparative advantage

Balassa's (1965) measure of relative export performance by country and industry, defined as a country's share of world exports of a good divided by its share of total world exports. The index for country i good j is RCAij = 100(Xij /Xwj)/(Xit /Xwt) where Xab is exports by country a (w=world) of good b (t=total for all goods).


Further Suggestions

Comparative advantage
Location specific advantages
Advantage
Law of Comparative Advantage
Dynamic comparative advantage
Locational advantage
Kaleidoscope comparative advantage
Cost advantage
Comparative advantage
Absolute advantage
Net advantage of refunding
Distribution Cost Advantage
Chain of comparative advantage
Competitive advantage
Production Cost Advantage


 
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