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First mover advantage |
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First mover advantageThe 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 MatchesYield advantageYield advantageThe 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 leasingNet advantage to leasingThe net present value of entering into a lease financing arrangement rather than borrowing the necessary funds and buying the asset. Absolute advantageAbsolute advantageThe 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 mergingNet advantage to mergingThe difference in total post- and pre-merger market value minus the cost of the merger. Revealed comparative advantageRevealed comparative advantageBalassa'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 SuggestionsComparative advantageLocation 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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