Convention, and a number of writers, perpetuate the theory that being a pioneer is risky business and that fast-followers reap the benefits. This article by Ron Shevlin at Forbes, debunks that theory, at least for fintech.
A lot of financial institutions think they’re “fast followers” when it comes to fintech. Most are just deceiving themselves.
Read more from the source: The Fintech Fast-Follower Fallacy