...industry include: sunk costs, intangible resources e.g. property rights, management quality and diversification (Romer, 2002).
Romer, P. (2002). When Should We use Intellectual Property Rights? American Economic Review Papers and Proceedings, 2002: 213- 216.
Siegfried, J.J. and Evans, L.B. (1994). Empirical Studies of Entry and Exit: A Survey of Evidence, Review of Industrial Organization, 9, 121-155.... STEEP – Economic Factors affecting publishing industry One of the economic factors affecting publishing industry is costs and benefits of publishingbooks. This affects the first stage of publishing industry – acquisition. In...