Entry Barrier

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Barriers to entry
In economics and especially in the theory of competition, barriers to entry are obstacles in the path of a firm which wants to enter a given market.The term refers to hindrances that an individual may face while trying to gain entrance into a profession or trade. It also, more commonly, refers to hindrances that a firm may face (or even a country) while trying to enter an industry or trade grouping.
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MONASH Marketing DictionaryDownload this dictionary
Entry Barrier

2004 (c) Copyright & Reprint Courtesy of the Dept. of Marketing, Faculty of Business and Economics, Monash University; edited by Mr. Don Bradmore.

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