Question

How does systematic study of barriers helps an entrepreneur?

Answer 1

Answer:

Governmental rules, taxation, environmental regulations, lending requirements and licensing are all barriers to entrepreneurship. Most countries, the United States included, proscribe or license market entry and the creation of new firms to protect incumbents in certain industries and professions. They identify problems first. Some people think of entrepreneurial types as creative inventors; given a blank canvas, they can come up with a product that people will love. ... Instead, the most successful entrepreneurs are those who first identify a key problem in the market, then work to solve that problem