One counter example ? I can’t even think of a single example where the first to market eventually won.
Most people use Google, not ALIWEB. How often have you flown on a Burgess plane instead of a Boeing or Airbus ? I bet you’re reading this on a Dell, Mac, HP, or other current brand PC, and not on a Ferranti. There are countless counter examples.
First-to-invent isn't guaranteed to succeed (your criticism) but "first to get it right" (your counter-truism) is also not a truism. After all, what is "right" and what is the "first" "right" in [anything]? Certainly there's no permanent guarantee to being first, but neither is being first-improver.
Most people use Google, not ALIWEB. How often have you flown on a Burgess plane instead of a Boeing or Airbus ? I bet you’re reading this on a Dell, Mac, HP, or other current brand PC, and not on a Ferranti. There are countless counter examples.