barriers to entry


barriers to entry
Restrictions on the entry of new competitors into a *market. Barriers to entry may result from technical and economic factors. For example, the large-scale investment in machinery needed for some production processes may be beyond the economic means of many potential entrants to a market, or a firm may hold an exclusive *patent right that gives it a technical advantage in manufacturing a product. Barriers can also derive from *monopolistic and restrictive trade practices, or from *tariffs and other *protectionist measures. Compare *barriers to exit.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • barriers to entry — See entry barriers. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Barriers to entry — Competition law Basic concepts History of competition law Monopoly Coercive monopoly Natural monopoly …   Wikipedia

  • Barriers To Entry — The existence of high start up costs or other obstacles that prevent new competitors from easily entering an industry or area of business. Barriers to entry benefit existing companies already operating in an industry because they protect an… …   Investment dictionary

  • barriers to entry — Factors that prevent competitors from entering a particular market. These factors may be innocent, e. g. an absolute cost advantage on the part of the firm that dominates the market, or deliberate, such as high spending on advertising to make it… …   Big dictionary of business and management

  • Barriers to entry — Zugangsbeschränkungen bzw. Barriers to entry (auch Eintrittsbarrieren, Zugangsbarrieren) nennt Michael E. Porter in seinem Buch Competitive Strategy diejenigen Faktoren, die Neuzugänge also neue Konkurrenten zu einem Wirtschaftssektor (engl.… …   Deutsch Wikipedia

  • Barriers to exit — In economics, barriers to exit are obstacles in the path of a firm which wants to leave a given market or industrial sector. These obstacles often cost the firm financially to leave the market and may prohibit it doing so. If the barriers of exit …   Wikipedia

  • Entry (economics) — In economics, entry into a market means becoming a supplier of goods or services. Monopolies have an incentive to create barriers to entry …   Wikipedia

  • entry barriers — Factors which impede or deter a new competitor from entering a particular market, such as ownership of intellectual property rights, high investment costs (particularly if such costs cannot be recovered on exit from the market) or the need to… …   Law dictionary

  • entry barrier — UK US noun [C, usually plural] (also barrier to entry) ► something that prevents a company from starting activities in a particular industry: »The internet is a very competitive place to do business, with low entry barriers …   Financial and business terms

  • entry — noun 1 right to enter sth ADJECTIVE ▪ free ▪ The club offers free entry to women on Thursdays. ▪ college, school, university (esp. BrE) VERB + ENTRY …   Collocations dictionary


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