High entry costs, such as land and equipment, keep many younger farmers away.
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Hundreds of little telco startups, believing the 1996 law gave them instant access to customers and revenue streams without steep entry costs, got funded to the tune of tens of billions of dollars.
Entry fees cover costs only and do not include a donation to Sport Relief.
This suggests to me that the costs to entry are, if not literally cost-prohibitive, at least close to it.
To put it simply, they decide to stay informal because the total costs of entry, operation and exit associated with joining the formal sector are greater than the potential benefits.
Yet despite high costs of entry and regulatory limits on spectrum availability and infrastructure investment, new technologies (LTE, satellite, microwave, and higher-frequency communications) and new competitors continue to enter the market all the time.
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The smart use of data is now crucial in personalising courses and services and proving that they work, and with lower costs of entry that could be anywhere in the world, including China, Brazil and India.
This suggests that the right role for government is not to shower money on a handful of putative winners but to take a portfolio approach: finding companies on the margin of exporting and helping as many as possible overcome the fixed costs of entry.
One new incentive is the falling transaction costs and barriers to entry for entrepreneurs of every age.
What SMBs need is a mobile platform that is easy to use and has low barriers to entry (especially when it comes to costs).
Obviously, in the past these costs created significant barrier to entry and when they disappear, the new-reading public is a beneficiary as it has access to many more high-value minds and viewpoints than ever before.
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The regulators explained that their progress has been hampered by lack of resources, the large agencies tried to impress committee members by describing their hefty expenditures on heightened compliance and stronger controls, and the smaller agencies complained about high costs of regulations, barriers to entry, and took as many shots at the Big Three as they could fit in.
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Even a souped-up Toyota Camry costs as much in China as an entry-level Porsche in America.
Competition is a good thing and many more times than not, fewer regulations allow for a fierce competitive landscape that reduces costs, encourages innovation, lowers barriers to entry, and thus ultimately benefits the consumer.
The option erased an enormous financial barrier to entry for engineer entrepreneurs, led to a wave of innovations and lower costs for consumers, and created fortunes for young outfits such as Qualcomm and Broadcom.
The truth is the ISP business is characterized by wafer-thin margins, low barriers to entry, flat-rate pricing, intense national competition and high customer support costs.
All this provides them is free entry to historic palaces and city parks, discount care at veterans' hospitals and money for funeral costs.
Further, limiting or eliminating inmate programs such as drug treatment and vocational education would, in fact, lead to higher costs to taxpayers and communities in the long run as the lack of such inmate re-entry training makes it less likely that released inmates will be successful at reintegration into society upon their release.
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