Corporation tax, by increasing the fixed costs, in effect raises the entry barriers to the industry.
The only real entry barrier is the willingness to exercise one's intellect.
After this period there was a boom in the industry and many local brands started manufacturing because of low entry barriers.
One reason, the professors suspect, is the entry barriers to at least some of them.
This capital-intensity could create entry barriers, giving them greater pricing power.
Indeed, those regions are more welcoming to developers and have low entry barriers.
Many real estate specialists question the theory that cities with high entry barriers are the best places for investment.
It also found the company's market position protected by a substantial entry barrier.
These are similar to the entry barriers that exist in industries, except they apply to groups within an industry.
The entry barrier, he says, "is no longer technology, but whether you have executives who understand this."