Instead of saving the family farm, the policy is destroying it, encouraging agricultural land consolidation and raising barriers to entry.
If a luxury brand can thrive without a vast investment in retail space, says Luca Solca of Bernstein Research, barriers to entry will fall.
With low barriers to entry, express couriers proliferated rapidly over the past decade to more than 8,000 firms, squeezing profit margins to about 5% from 30% 10 years ago, according to analysts.
What are the barriers to entry in your industry?
Blessed with a popular product, the futures exchanges also enjoy high barriers to entry.
“In retailing there aren't huge barriers to entry,” says Sir TerryLeahy, Tesco's chief executive. “That's one of the reasons you can't hangaround and trial this thing.
Over the longer run it seems an attractive deal because it makes BASF the world's biggest supplier in markets that are growing fast and have big barriers to entry.
New technology has cut costs and demolished most barriers to entry.
Economists have long studied how institutional constraints interfere with efficient economic choices, such as when special interests erect barriers to entry in product markets.
The barriers to entry are low, and the barriers to exit are low. A lot of people are trying things.
The inefficiency of SOEs is not due to government ownership, but rather government subsidies and barriers to entry. Without those factors, SOEs can be highly efficient (see Singapore.)
At the same time, barriers to entry are falling for small firms.
Michael Kamarck of Merck, an American drugs firm which moved into biosimilars in 2008, thinks the barriers to entry are so great that “only a handful” of firms will be able to pull it off.
We focus first on good businesses, with high returns on capital, barriers to entry and significant free cash flow generation over a cycle.
The existence of barriers to entry would reduce competition.
Ji said that the most important tasks now were to lower the barriers to entry and to build relationships with potential business partners.
This paper depicts the relationship between the development of private enterprises and barriers to entry in transitional China.
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