Concept information
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organization studies
organization studies encyc
approaches to management theory
strategic management
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
https://concepts.sagepub.com/social-science/concept/entry_barriers
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