[Case Studies] CS-161 Porters Five Forces - Part 01 Threat of New Entrants Profitable industries that yield high returns will attract new market entrants - decreasing the profitability of the incumbents. If there is no cost to entry then many new entrants will lead to perfect competition and zero profitability. Barriers to entry, including large capital requirements and economies of scale, discourage new competitors. Uses the KNIME Extension: Market Simulation by Scientific Strategy - Community Edition A comprehensive description of this workflow with step-by-step instructions can be found at the Scientific Strategy website: https://scientificstrategy.com/cs-161/ CASE STUDIES: CS-161 Porters Five Forces - Part 01 Threat of New Entrants https://scientificstrategy.com/cs-161/ WIKIPEDIA: Porter's Five Forces - Threat of New Entrants https://en.wikipedia.org/wiki/Porter%27s_five_forces_analysis#1*_Threat_of_new_entrants
This is a companion discussion topic for the original entry at https://kni.me/w/wYvg4P8WQjcnf-U7