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...

This study used the data from fifty-six SMEs with the purpose to evaluate the role of governmental grants in increasing investments and profitablility of SMEs as well as the influence of grants in free market competition. The data were gathered with the help of a questionnaire. SMEs that have...