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Journal articles on the topic 'Artificial market entry barriers'

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1

Lukyanov, S., E. Tissen, and N. Kislyak. "The Market for Air Passenger Operations: Contestable Market or…?" Voprosy Ekonomiki, no. 11 (November 20, 2007): 120–38. http://dx.doi.org/10.32609/0042-8736-2007-11-120-138.

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Based on the results of the survey of Russian airline companies, the article analyzes the main barriers to entry in this industry. The authors show the existence of substantial structural, technologic and behavioral barriers to entry that raises doubts concerning the applicability of the contestable markets hypothesis to this type of markets. The empirical estimation of the height of the barriers to entry shows that experts regard administrative barriers as the most important for limiting competition. In some regions there is a unified structure of ownership or affiliation "airport-airlines co
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2

Harasim, Janina. "Rewolucja technologiczna a konkurencja w sektorze finansowym." Studia BAS 3, no. 63 (2020): 43–59. http://dx.doi.org/10.31268/studiabas.2020.21.

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The rapid development of modern technology and the increasing number of FinTechs can bring new competition challenges to incumbents. First, the author identifies the most important technologies implemented in the financial sector, such as artificial intelligence, machine learning, APIs, cloud computing, mobile technology and DLT. Next, she analyses BigTechs’ customer-centric platform-based business model and its impact on competition in the financial sector. The expansion of BigTechs into finance should lower the barriers to entry by reducing information and transaction costs, and thereby enha
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3

Matthews, Derek Robert. "Accountants and the professional project." Accounting, Auditing & Accountability Journal 30, no. 2 (2017): 306–27. http://dx.doi.org/10.1108/aaaj-01-2015-1953.

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Purpose The purpose of this paper is to offer a critique of the sociological model of professionalisation known as the “professional project” put forward by Magali Larson, which has become the prevailing paradigm for accounting historians. Design/methodology/approach The paper challenges the use of the concepts of monopoly, social closure, collective social mobility and the quest for status as applied to the history of accountancy. The arguments are made on both empirical and theoretical grounds. Findings The use of the concept of monopoly is not justified in the case of accounting societies o
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4

Niu, Yongge, Lily C. Dong, and Rong Chen. "Market entry barriers in China." Journal of Business Research 65, no. 1 (2012): 68–76. http://dx.doi.org/10.1016/j.jbusres.2011.01.018.

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5

Powell, Charles. "Financial barriers to market entry." Journal of Air Transport Management 1, no. 3 (1994): 187. http://dx.doi.org/10.1016/0969-6997(94)90044-2.

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6

Kelkel, Benjamin, Philipp Argus, and Martin Gurka. "Scalable Monitoring System for the Localization of Damaging Events in Thin-Walled CFRP Structures Based on Acoustic Emission Analysis and Neural Networks." Key Engineering Materials 809 (June 2019): 401–6. http://dx.doi.org/10.4028/www.scientific.net/kem.809.401.

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A constant challenge for the design and operation of CFRP primary structures is their sensitivity towards impact loading. This can lead to the formation of externally invisible delaminations which endanger the structural integrity. In practice, this circumstance is encountered with elaborate inspections or conservative design. Structural Heath Monitoring (SHM) systems offer the potential for permanent monitoring and represent an alternative approach that has drawn more attention in the last decade. The biggest barriers to market entry for this technology are system costs and reliability. This
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7

Strizhkova, A. "Are all natural monopolies in Ukraine equally “natural”?" Law and innovative society, no. 1 (14) (July 3, 2020): 19–28. http://dx.doi.org/10.37772/2309-9275-2020-1(14)-3.

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Problem setting. In Ukraine competition policy aims to support healthy competition and limit abuses of monopoly position. However, there are special markets that society requires to meet its needs, but doing business in these areas is very resource-intensive, requires a difficult activity, and therefore objectively engage in such economic activities is too difficult and / or unfavorable to the vast majority of business entities. Then objectively “natural” monopolies are formed, and at the same time only one / several business entities claim to operate in such a market. Accordingly, these monop
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8

Karakaya, Fahri, and Michael J. Stahl. "Barriers to Entry and Market Entry Decisions in Consumer and Industrial Goods Markets." Journal of Marketing 53, no. 2 (1989): 80–91. http://dx.doi.org/10.1177/002224298905300206.

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The authors test six market entry barriers in consumer and industrial markets: cost advantages of incumbents, product differentiation of incumbents, capital requirements, customer switching costs, access to distribution channels, and government policy. They model market entry decisions of 137 executives in 49 major U.S. corporations with a decision-making instrument consisting of 32 market entry opportunities. Each respondent's decisions are modeled by regression analysis. The differences in the importance of the six market entry barriers for early and late entry in consumer and industrial goo
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9

Jensen, Paul E. "Trade, Entry Barriers, and Home Market Effects." Review of International Economics 14, no. 1 (2006): 104–18. http://dx.doi.org/10.1111/j.1467-9396.2006.00564.x.

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10

Geng, Yang, and Yulin Zhang. "Pricing on monopoly online trading platform with heterogeneous trading behavior and the long tail." Kybernetes 49, no. 3 (2019): 852–75. http://dx.doi.org/10.1108/k-10-2018-0553.

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Purpose This paper aims to study the pricing strategies of an online trading platform with indirect network externalities by considering heterogeneous trading behavior in the downstream market and the long tail. Design/methodology/approach The game theory, optimization and comparative static are used in this research. The equilibria are derived from the game theory, and with them, the authors optimize the platform’s profit function. Comparative static is used to study pricing strategies. Findings It is found that with heterogeneous trading behavior, the transaction-based model is more profitab
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11

Makitalo, Miika. "Market entry barriers in Finland's rail freight transport." World Review of Intermodal Transportation Research 3, no. 1/2 (2010): 181. http://dx.doi.org/10.1504/writr.2010.031587.

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12

Ezulike, Ekene I., John G. Perry, and Kamel Hawwash. "The barriers to entry into the PFI market." Engineering Construction and Architectural Management 4, no. 3 (1997): 179–93. http://dx.doi.org/10.1046/j.1365-232x.1997.00002.x.

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13

EZULIKE, EKENE I., JOHN G. PERRY, and KAMEL HAWWASH. "The barriers to entry into the PFI market." Engineering, Construction and Architectural Management 4, no. 3 (1997): 179–93. http://dx.doi.org/10.1108/eb021047.

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14

Simon, Hermann. "Market entry in Japan barriers, problems and strategies." International Journal of Research in Marketing 3, no. 2 (1986): 105–15. http://dx.doi.org/10.1016/0167-8116(86)90014-5.

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15

Yaprak, Attila. "Market entry barriers in China: A commentary essay." Journal of Business Research 65, no. 8 (2012): 1216–18. http://dx.doi.org/10.1016/j.jbusres.2011.06.040.

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16

Melo, Juliana Rabelo, Sérgio Henrique Arruda Cavalcante Forte, and José Milton De Sousa Filho. "The Brazilian Banking Industry: A Study of the Entry Barriers to Foreign Institutions." Revista Ibero-Americana de Estratégia 13, no. 3 (2014): 63–76. http://dx.doi.org/10.5585/ijsm.v13i3.2105.

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Brazil began 2013 year with the announcement of the Central Bank of Brazil (BCB) on whether to authorize the entry of new nineteen foreign banks. Moreover, there are barriers to entry in any market. They are structural and can be hardly changed by potential entrants. The research investigates what are the entry barriers the foreign banks will face in the Brazilian market. The theory indicated the barriers should be surveyed, and other specific barriers emerged from consultation with 112 experts from the banking market. They were divided into market barriers and institutional barriers. The rese
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17

Burke, Andrew E., and Ted To. "Can reduced entry barriers worsen market performance? A model of employee entry." International Journal of Industrial Organization 19, no. 5 (2001): 695–704. http://dx.doi.org/10.1016/s0167-7187(00)00089-8.

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18

Miteva, Natasha. "Hotel chains entering the Macedonian market." International Journal of Management Excellence 10, no. 2 (2018): 1284–91. http://dx.doi.org/10.17722/ijme.v10i2.971.

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Hotel industry is characterized as one of the oldest, diverse, innovative, and important industries around the world. Given the low entry barriers for global markets, it is also highly attractive, and its greatest growth happens on international level. Hotel chains are the leaders in hotel industry using franchise, managerial contract, strategic alliances, mergers and acquisitions, and joint venture, as an expansion strategies. The main goal of this article is to evaluate the entry and presence of international hotel chains on the Macedonian market, their contribution and effect. Even though y
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19

Zazdravnykh, A. V., and T. V. Gudkova. "Information Differentiation and Barriers to Entry." Zhurnal Economicheskoj Teorii 17, no. 4 (2020): 874–90. http://dx.doi.org/10.31063/2073-6517/2020.17-4.11.

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The economic effects of information differentiation attracted much scholarly attention in the second half of the 20th century. These studies mostly dealt with the impact of differentiation strategies on market structure and the competitive environment. In recent years, however, despite the rapid development of modern technologies used for promotion and communication with consumers and the emergence of new opportunities for using differentiation strategies in competition, there has been a decline in interest in this issue. This article discusses how information advantages of firms are formed an
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20

Chung, Mona. "The Effects of Cultural Barriers on Market Entry Strategies." International Journal of Diversity in Organizations, Communities, and Nations: Annual Review 5, no. 7 (2006): 85–92. http://dx.doi.org/10.18848/1447-9532/cgp/v05i07/39191.

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21

Heywood, John S. "Market Structure and the Pattern of Black-Owned Firms." Review of Black Political Economy 16, no. 4 (1988): 65–76. http://dx.doi.org/10.1007/bf02892166.

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This article discusses the relationship between industrial concentration and the presence of black-owned firms. Strong evidence is found that more monopolistic industries have a smaller black presence. This demonstrates that the monopolistic industries in which black workers are known to face the worst discrimination are also the industries in which blacks face the highest structural entry barriers as entrepreneurs. Indeed, entry barriers may cause the monopolistic conditions which allow discrimination while simultaneously frustrating the entry of black entrepreneurs.
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22

Cairns, Robert D., and John W. Galbraith. "Artificial Compatibility, Barriers to Entry, and Frequent-Flyer Programs." Canadian Journal of Economics 23, no. 4 (1990): 807. http://dx.doi.org/10.2307/135563.

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23

Karakaya, Fahri, and Michael J. Stahl. "Barriers to Entry and Market Entry Decisions in Consumer and Industrial Goods Markets." Journal of Marketing 53, no. 2 (1989): 80. http://dx.doi.org/10.2307/1251415.

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24

Fahrizal, Fahrizal, Mustafa Mustafa, and Romano Romano. "Analysis of Nutmeg Market Structure in South Aceh District." International Journal of Multicultural and Multireligious Understanding 6, no. 5 (2019): 950. http://dx.doi.org/10.18415/ijmmu.v6i2.1165.

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Market structure can affect performance and behavior in a market. This research aim to analyze the nutmeg market structure in South Aceh District. Indonesia. By looking at the level of competition, market concentration and barriers to market entry. The results of a qualitative study of nutmeg market structure are classified as oligopoly markets while quantitatively by looking at market share, market concentration and market entry barriers from the results obtained by the market are highly concentrated so it is very difficult to enter to the nutmeg market by new traders.
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25

Rahman, Mahfuzur, Moshfique Uddin, and George Lodorfos. "Barriers to enter in foreign markets: evidence from SMEs in emerging market." International Marketing Review 34, no. 1 (2017): 68–86. http://dx.doi.org/10.1108/imr-10-2014-0322.

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Purpose Foreign market entry is considered as a key strategy to grow and survive over longer period of time for small and medium enterprises (SMEs). The decision to enter a foreign market is not a straightforward story. Considering resource limitation, SMEs need to analyse the key barriers to entry in foreign markets very carefully. The purpose of this paper is to identify these barriers for the SMEs in a developing country. Design/methodology/approach This study has used primary data collected through questionnaires from 212 Bangladeshi SMEs. A mixed method data analysis technique is used to
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26

Roithmayr, Daria. "Barriers to Entry: A Market Lock-in Model of Discrimination." Virginia Law Review 86, no. 4 (2000): 727. http://dx.doi.org/10.2307/1073845.

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27

Tobal, Martín. "Regulatory Entry Barriers, Rent Shifting and the Home Market Effect." Review of International Economics 25, no. 1 (2016): 76–97. http://dx.doi.org/10.1111/roie.12256.

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28

Степанов, Leonid Stepanov, Сербулов, Yuriy Serbulov, Глухов, and Dmitriy Glukhov. "Modeling market barriers based on artificial immune system." Forestry Engineering Journal 3, no. 4 (2014): 223–31. http://dx.doi.org/10.12737/2208.

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The article considers the artificial immune system, which is a complex of mathematical methods to model the main functions of the human immune system, and used to determine the parameters and (or) their values which ​​can minimize the impact of certain factors (ex-ternal or internal) to any object. If such a system is functioning as the "observer", its antibodies correspond to the properties of a competitor. Then "interesting" competitors are those whose properties correspond to the antibodies of the immune system. Signal "danger" arises. It is i
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29

Epperson, J. E., P. D. McPherson, and F. E. Stegelin. "National Produce Market Barrier Penetration: The Georgia Case." HortScience 41, no. 3 (2006): 671–73. http://dx.doi.org/10.21273/hortsci.41.3.671.

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This study examined factors contributing to the development of the produce industry in Georgia and means of overcoming barriers to entry into the national fresh fruit and vegetable market. A survey of produce growers in Georgia was conducted in 2003–04. Information obtained from the respondents included economic and operational characteristics of grower enterprises and more specifically factors limiting production, expected operational changes, and marketing practices. Grower tendencies were ascertained from survey responses with respect to sales using regression analysis. Factors found import
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Islami, Xhavit, Vjosa Islami, Marija Topuzovska Latkovikj, and Enis Mulloli. "Barriers hindering the entry of new firms to the competitive market and profitability of incumbents." Management 24, no. 2 (2019): 121–43. http://dx.doi.org/10.30924/mjcmi.24.2.9.

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Recently, entering new firms into a competitive market is getting harder due to different industry barriers. Addressing this concern, the aim of this paper is to measure the relationship between industry barriers that prevent the entry of new rivals and increase the profitability of incumbent firms. The study was based on the data of one hundred and seven executives of firms that operate in the Republic of Kosovo, and it attempts to assert and order the market entry barriers. The responses were collected by questionnaires and the econometric model was constructed, to test this relationship. Th
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De Valence, Gerard. "The Significance of Barriers to Entry in the Construction Industry." Construction Economics and Building 7, no. 1 (2012): 29–36. http://dx.doi.org/10.5130/ajceb.v7i1.2975.

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This research looks at the significance of barriers that firms considering entry into the construction industry might face. Drawing on the microeconomic characteristics of imperfectly competitive and oligopolistic markets the analysis finds that there are a dozen barriers to entry that affect the industry, but their significance depends on the product type. The discussion covers the question of product homogeneity in construction and evidence for the existence of barriers to entry in concentration levels. Barriers to entry specific to construction are then identified, which leads to an analysi
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Migin, S. "Conformity Assessment in Technical Regulation: Market Features and Its Influence on Competitiveness of Russian Enterprises." Voprosy Ekonomiki, no. 11 (November 20, 2009): 124–35. http://dx.doi.org/10.32609/0042-8736-2009-11-124-135.

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Application of technical regulation measures frequently leads to excessive administrative pressure in the conformity assessment sphere. This pressure negatively affects economic agents’ activities and business environment which, in its turn, influences external and internal competitiveness of Russian enterprises. The article treats conformity assessment as one of major parameters that determine market entry barriers and company’s strategic behavior. The market of conformity assessment services itself and its entry barriers are also considered. The article highlights the market power of certifi
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Karakaya, Fahri, and Michael J. Stahl. "Underlying dimensions of barriers to market entry in consumer goods markets." Journal of the Academy of Marketing Science 20, no. 3 (1992): 275–78. http://dx.doi.org/10.1007/bf02723416.

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34

Taksaorn Phuchongpravech and Thanee Chaiwat. "Barriers to Prisoners’ Re-Entry into Formal and Informal Labour Market." International Journal of Business and Society 22, no. 1 (2021): 479–95. http://dx.doi.org/10.33736/ijbs.3190.2021.

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Aside from academics suggesting that low-physical-attractive prisoners may face difficulty reentering the labour market: permitting employers to access criminal history records aggravates the situation. The current study aims to alleviate this discrimination by generating more beauty premiums to prisoners through cosmetic surgery. The choice experiments (CEs) on hypothetical cosmetic surgery faces of 18 Thai male prisoners were conducted. In which every choice set, the respondents were required to make a tradeoff between beauty and criminal history records. The results show that cosmetic surge
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35

Xuegong, Sun, Guo Liyan, and Zeng Zheng. "Market entry barriers for foreign direct investment and private investors: Lessons from China's electricity market." Energy Strategy Reviews 2, no. 2 (2013): 169–75. http://dx.doi.org/10.1016/j.esr.2013.02.002.

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36

Zazdravnykh, Aleksey. "The potential of entry barriers in the context of digitalization." Moscow University Economics Bulletin, no. 1 (February 28, 2021): 128–47. http://dx.doi.org/10.38050/01300105202116.

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The article analyzes the practical aspects of the functioning of some barriers to entry in the era of digital transformation of industry markets. It is noted that under the influence of digitalization processes, both positive changes in the mechanism of market operation are recorded, as well as a number of negative circumstances that have become a serious challenge for antitrust agencies. Control of big data, initial investment in digital infrastructure, and broad technological capabilities of digital blocking of users, against the background of powerful network effects and pronounced economie
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37

Kosi, Tanja, and Štefan Bojnec. "INSTITUTIONAL BARRIERS TO BUSINESS ENTRY IN ADVANCED ECONOMIES." Journal of Business Economics and Management 14, no. 2 (2013): 317–29. http://dx.doi.org/10.3846/16111699.2011.633348.

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The paper empirically examines the impact of freedom from regulation in different institutional areas on business entry rate in 10 Organisation for Economic Co-operation and Development countries over the period 1995–2007. Employing the feasible generalized least squares econometric approach, it discloses a positive association between business entry and the overall institutional freedom. Economic freedom in different institutional areas, however, does not appear to have the same importance for business entry. Institutional freedoms that are the most beneficial for business creation are produc
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Kufuor, Kofi Oteng. "The Struggle for Entry into Ghana’s Commercial Transport Sector." Global Journal of Comparative Law 1, no. 1 (2012): 102–23. http://dx.doi.org/10.1163/2211906x-00101004.

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Government erected entry barriers to the commercial transport market in Ghana offers an opportunity to explore socio-economic problems with particular reference to developing countries. Our study focuses on the clash between market incumbents in Ghana’s commercial transport sector and new entrants, motorbike operators who sell their services to passengers and are thus competing with incumbents. Using the New Institutional Economics as a tool for analysis we examine the tensions in the market and how the law is used to suppress competition and what can be done to overcome this suppression of ma
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Torok, Adam, and Zsuzsa Deli-Gray. "Stratégiai piacra lépési korlátok Magyarországon." Competitio 9, no. 1 (2010): 91–107. http://dx.doi.org/10.21845/comp/2010/1/5.

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E tanulmányban két korábbi kutatásunkra alapozva vizsgáljuk a külföldi vállalatok magyarországi piacra lépésének, illetve a magyar vállalatok importjának stratégiai korlátait, és összevetjük a jelenlegitanulságokat a korábbi két felmérés eredményeivelt. Ez az összehasonlítás némi betekintést nyújthat a magyar belső piacnak az egységes európai piachoz történő illeszkedési folyamatába az EegységesEeurópai Ppiachoz. A cikk gyakorlati útmutatást kíván adni a magyar piaci szereplőknek a magyar piacon alkalmazott stratégiai piacra lépési korlátok köréről és vállalkozói megítéléséről. This study is a
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Livesey, Peter Vincent, and Justin Bold. "Overcoming inadvertent barriers to entry in large infrastructure projects." Construction Economics and Building 13, no. 1 (2013): 85–91. http://dx.doi.org/10.5130/ajceb.v13i1.3187.

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The history behind the award of Brisbane City Council’s Legacy Way project is discussed and the possible impact of cognitive bias in the Expression of Interest (EOI) process together with the steps that were taken during the EOI development and evaluation phase to reduce the impact that this may have had on the selection of Contractors from their EOI submissions. The paper concludes that Cognitive Bias may have created a greater barrier to entry to Contractors attempting to enter the Australian PPP market than has been previously realised and makes suggestions as to how this effect could be mi
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Zhou, Qing, Shuai Qi, Jianbing Liang, and Yixian Liu. "A Simulation Analysis of Barriers to Entry in China Refined Oil Market." Information Technology Journal 12, no. 24 (2013): 8418–23. http://dx.doi.org/10.3923/itj.2013.8418.8423.

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Choi, Chong Ju. "Image, Market Mobility and Entry Barriers: An Application to the Fashion Industry." Journal of the Textile Institute 83, no. 2 (1992): 269–72. http://dx.doi.org/10.1080/00405009208631196.

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Jianya, Zheng, and Li Weigang. "Market Entry Game Application in e-Commerce." Journal of Software 11, no. 6 (2016): 589–97. http://dx.doi.org/10.17706/jsw.11.6.589-597.

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Jarsulic, Marc. "Antitrust Enforcement for the 21st Century." Antitrust Bulletin 64, no. 4 (2019): 514–30. http://dx.doi.org/10.1177/0003603x19877008.

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Market competition is faltering in important parts of the U.S. economy. Measures commonly used by economists to evaluate firm-level economic performance now indicate that many firms have market power and are earning profits above competitive levels. The expected response—the entry of new firms that want to earn a share of those higher returns in those markets—has not happened. This is a consequence of barriers to entry, arising from a variety of sources including increased market concentration, the increased use of intellectual property protection in the form of patents, the rise of business m
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Block, Walter. "Market monopoly is apodictically impossible." Corporate Ownership and Control 5, no. 3 (2008): 385–89. http://dx.doi.org/10.22495/cocv5i3c3p5.

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According to standard economic analysis, the level of competition can be calculated to a nicety based on the number of competitors in an industry. In the alternative Austrian viewpoint, there can only be presence or absence but not degrees of competition; it exists if there are no legal barriers to entry, and does not if there are any such. The present paper plays out this distinction through the prism of DiLorenzo’s (2004) publication
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Mangum, Vincent E. "What Does Political Economy Tell Us About the Dearth of Black Entrepreneurs?" American Economist 65, no. 1 (2019): 131–43. http://dx.doi.org/10.1177/0569434519846472.

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There is a historical and consistent lack of parity in the Black community between labor and firms. Various authors have attributed entrepreneur-centered failures and shortcomings as the source of Black Entrepreneurship under-performance. This study, however, utilizing the Theory of Market Barriers, sought to discover the factors associated with market conditions that may play a causal role on new firm entry and coincidentally entrepreneurship choice. With count data from the Survey of Minority Owned Enterprises 1992-1997 (SMOBE), this study estimated the parameters of a Limit Profit Model to
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Taranenko, Oleksii. "UKRAINE EXPRESS DELIVERY MARKET INDUSTRY ANALYSIS." Economic Analysis, no. 30(4) (2020): 84–92. http://dx.doi.org/10.35774/econa2020.04.084.

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The article is devoted to the study of the express delivery market in Ukraine. The subject of the study is courier and postal services that provide express delivery services. Based on the study of statistical indicators, a conclusion was made on the state of development of Ukraine's economy in 2020 and analysis of data from the National Bank of Ukraine, the International Monetary Fund, the Cabinet of Ministers of Ukraine analyzed forecast indicators for Ukraine's economy in 2021-2023. negative trends in the economy of Ukraine, the e-commerce market continues to grow rapidly as an alternative t
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48

Abu Bakar, Abdul Rahim, and Fariza Hashim. "What's cooking? Indonesia's kerosene to LPG conversion program." Emerald Emerging Markets Case Studies 1, no. 1 (2011): 1–9. http://dx.doi.org/10.1108/20450621111110447.

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Subject area Strategic market entry; international business; marketing. Study level/applicability MBA/MA in management; international business; postgraduate. Case overview This case is based on a real-life situation of an existing transnational firm contemplating to enter a new market in a developing country. It involves a gamut of issues ranging from firm-strategic market entry, competitive positioning, international marketing strategies (including international market segmentation) and international product lifecycle. These issues revolve on numerous theories namely theories on international
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Redmond, William. "Marketing Systems and Market Failure." Journal of Macromarketing 38, no. 4 (2018): 415–24. http://dx.doi.org/10.1177/0276146718796913.

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The paper seeks to re-examine a classic piece of macromarketing scholarship which dealt with market failures. That analysis was based on a transactional approach to markets, rather than a systems approach. Having become more prominent in the macromarketing literature since that time, marketing systems are the focus of the present analysis. The paper looks at six types of market failure: imperfect competition, entry barriers, externalities, imperfect information, inequality, and transaction costs. Definitions, politics and political economy are discussed, as is a more systems-oriented approach
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Gerasymenko, Anzhelika. "Barriers to competitive fringe expansion as a seed of market power." Ekonomski anali 57, no. 195 (2012): 103–14. http://dx.doi.org/10.2298/eka1295103g.

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Starting from the behavioral approach to economic competition, this paper enlarges the traditional view of economics on the essence of potential competition by including not only the potency of competition from new but also the potency of competition from existing firms of the competitive fringe and from distant substitutes because of their ability to be actualized upon changes in market conjuncture. The author specifies three types of barriers to potential competition: barriers to entry, barriers to switching demand, and barriers to competitive fringe expansion. This paper is devoted to the a
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