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Erscheinungsjahr: 
2005
Schriftenreihe/Nr.: 
Tinbergen Institute Discussion Paper No. 05-007/1
Verlag: 
Tinbergen Institute, Amsterdam and Rotterdam
Zusammenfassung: 
This paper analyzes empirically whether and if so to what extent later entrants in the European mobile telephony industry have a disadvantage vis-à-vis incumbents and early mover entrants. To analyze this question a dynamic model of market share development and a series of static models are considered. There is clear evidence of early mover advantage, mainly caused by the influence of the penetration rate: it pays to enter when still few people have acquired a mobile telephone. Another important determining factor is the Herfindahl–Hirschman Index at the moment of entry: it is significantly easier to enter a highly concentrated industry. Finally, there are important differences between countries, possibly indicating the relative strength of the national regulators.
Schlagwörter: 
Telecommunications
Entry
First-Mover Advantage
JEL: 
L51
L96
Dokumentart: 
Working Paper
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