The Impact of First Mover Advantage on Business Model Innovation in SMEs

DOI

10.2991/978-94-6239-719-4_44How to use a DOI?

Keywords

First Mover Advantage; Business Model Innovation; Evolutionary Game Theory

Abstract

While empirical studies highlight knowledge’s role in SME innovation, how SMEs leverage knowledge through first-mover advantage for business model innovation remains underexplored. This study constructs a tripartite evolutionary game model incorporating competitors and customers to capture the dynamic adjustments of first-mover advantage under market uncertainty. Findings suggest that emphasizing first-mover advantage through alternative strategic logic facilitates business model innovation and enriches innovation theory. The model not only aids decision-making but also clarifies coordination mechanisms in uncertain markets, with simulations helping managers grasp the dynamic interactions essential for innovation.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Shuai Liu
AU  - Baiqing Sun
PY  - 2026
DA  - 2026/07/09
TI  - The Impact of First Mover Advantage on Business Model Innovation in SMEs
BT  - Proceedings of the 2026 6th International Conference on Enterprise Management and Economic Development (ICEMED 2026)
PB  - Atlantis Press
SP  - 387
EP  - 393
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-719-4_44
DO  - 10.2991/978-94-6239-719-4_44
ID  - Liu2026
ER  -