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Perceptions regarding strategic and structural entry barriers
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DOI：10.1007/s11187-008-9159-1.png)
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This article uses factor analysis to identify the underlying dimensions of strategic and structural entry barriers. We find that, in the perception of firms, both types of barriers are important and that the effectiveness of strategic barriers depends on attributes of the market structure. Based on the seven generic factors, a conjoint analysis is carried out to identify the most important factors perceived by firms. The conjoint analysis shows that in particular the barriers rooted in three underlying dimensions require attention of market authorities as they may prevent new entrants from entry: capital, access to distribution channels and strategic action. Remarkably, government rules and regulations, product differentiation, research and development (R&D) and advertising constitute minor entry problems according to firms.
Keyword:
Barriers to entry
SMEs
Antitrust policy
Entrepreneurship
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4.8
论文数:
3.5K
被引数:
1.5W
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