Barriers to entry: Difference between revisions
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Obstacles which prevent a new firm from entering a market. Barriers may include natural, legal or artificial barriers. | Obstacles which prevent a new firm from entering a market. | ||
Barriers may include natural, legal or artificial barriers. | |||
A potential advantage to being the first supplier in a new market is the possibility of creating barriers to entry. | |||
== See also == | == See also == | ||
* [[Economies of scale]] | * [[Economies of scale]] | ||
* [[First-mover advantage]] | |||
* [[Porter]] | |||
Revision as of 15:29, 10 July 2018
Obstacles which prevent a new firm from entering a market.
Barriers may include natural, legal or artificial barriers.
A potential advantage to being the first supplier in a new market is the possibility of creating barriers to entry.
