Entry barriers in embryonic industries tend to be based on:
A) brand loyalty.
B) economies of scale.
C) absolute cost advantages.
D) regulatory advantage.
E) technological knowhow.

Question

Quizplus · Accepted Answer

In embryonic industries, technological knowhow is often a key entry barrier as firms with advanced technology can create superior products or processes, making it difficult for new entrants to compete.

Entry Barriers in Embryonic Industries Tend to Be Based On