Concept information
Preferred term
entry barriers
Definition
- Entry and exit barriers limit the number of firms competing in a product market or industry. Entry barriers lessen the degree of competition by imposing hurdles that decrease the ability of new entrants to operate profitably. [Source: Encyclopedia of Business Ethics and Society; Barriers to Entry and Exit]
Broader concept
Narrower concepts
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-XTR5C168-4
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