Poslovna izvrsnost, Vol. 7 No. 2, 2013.
Izvorni znanstveni članak
BARRIERS TO ENTRY OF SMALL AND MEDIUM-SIZED ENTERPRISES IN MANUFACTURING INDUSTRY IN CROATIA
Lorena Škuflić
; Ekonomski fakultet Sveučilišta u Zagrebu
Mladen Turuk
; Ekonomski fakultet Sveučilišta u Zagrebu
Sažetak
Barriers to entry exist if new enterprises (potential “entrants”) are partially or completely prevented from entering a particular industry or market. Th ere are numerous barriers to entry, but the most common division is into structural and strategic. Structural barriers to entry are associated with the specifi cs of an industry and differ from one industry to another, or may be market related. Strategic barriers are activities which enterprises undertake while carrying out their own strategy, with the aim of deterring or preventing the entry of others in the industry or market. The purpose of the study was to investigate the presence of profi tability and growth in operating revenues and the cost of labor as entry barriers, and their eff ect on the dynamics of entry to a particular segment of the manufacturing industry. This industry is characterized by the highest share in gross domestic product and total employment, as well as the highest share in total Croatian exports. Research was conducted on small and medium-sized enterprises within the manufacturing industry in Croatia. Regression results indicate the importance of the growth rate of operating revenue, return on equity, return on assets and average cost per employee and their impact on the dynamics of entry in the manufacturing industry.
Ključne riječi
barriers to entry; dynamics of entry; manufacturing industry; Republic of Croatia
Hrčak ID:
112689
URI
Datum izdavanja:
20.12.2013.
Posjeta: 5.724 *