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Author: | Lutz, C. Kemp, R. Dijkstra, G.S. |
Title: | Perceptions regarding strategic and structural entry barriers |
Journal: | Small business economics
2010 : JUL, VOL. 35:1, p. 19-33 |
Index terms: | entrepreneurship small business antitrust diversification |
Freeterms: | barriers to entry |
Language: | eng |
Abstract: | In this article, the underlying dimensions of strategic and structural entry barriers are examined using factor analysis. It is found that attributes of the market structure effect strategic barriers greatly and that both types of barriers are important in the perception of companies. A conjoint analysis is done to find the most important factors out of seven generic factors. Capital, access to distribution channels, and strategic action are all areas that require attention of market authorities to allow new entrants. Interestingly, companies see government rules and regulations, product differentiation, research and development (R&D) and advertising as small entry problems. |
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