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17 Types of Economic Moat John Spacey, updated on
Barriers To EntryA general term for an industry that is difficult for new competition to enter due to factors such as permits, know-how and capital requirements.Coercive MonopolyA monopoly that is established by preventing competition with extraordinary powers.Government MonopolyThe most common type of coercive monopoly that is established by government protection.InfrastructureUnique or expensive infrastructure that competitors can't match such as hydroelectric dams or railway lines.Know-howKnowledge, capabilities and skills that are difficult to duplicate.Legal ProtectionsLegal protections such as licenses, permits and intellectual property.LocationA unique physical location such as the only hotel with beachfront access to a famous beach or the only data center beside a stock exchange.Loyal CustomersCustomers who are fans of a particular brand or product line may be difficult or impossible for competitors to influence.Natural MonopolyAn industry that makes more economic sense as a monopoly such as a region with a single railway line.Organizational CultureFactors such as norms, behaviors and values that differ widely from one organization to another. Organizational culture is notoriously difficult to transfer or emulate.ProcessesA business process that competitors have difficulty challenging such as manufacturer that consistently achieves higher quality at a lower price.RelationshipsRelationships with governments, industry groups, universities, partners and customers.ReputationReputation can be a potent long term advantage. For example, a law firm with a reputation for winning complex cases may command high fees.ResourcesUnique access to superior or lower cost resources.ScaleA firm that has achieved economies of scale is often difficult for smaller firms to challenge.Switching BarriersA firm with captive customers who find it difficult to switch to a competitor.TechnologySuperior technology built into products, decision making or process execution.EconomicsThis is the complete list of articles we have written about economics.If you enjoyed this page, please consider bookmarking Simplicable.
Know-howBasic types of know-how.ScaleAn overview of economic scale with examples.Economic TheoriesA list of economic theories that are particularly useful for business.Adverse Selection
The tendency for people at high risk to buy insurance.
Economic Advantage
A list of economic positions or capabilities that allow you to outperform in a particular industry.
Knowledge WorkA definition of knowledge work with examples.ProductionA definition of production with examples.Post Scarcity
An overview of post-scarcity.
Economic InfrastructureThe common types of economic infrastructure.
Business Competition
The common types of business competition.
InefficiencyThe common types of inefficiency.Supply Examples
An overview of supply with common examples.
Alpha vs Beta
The difference between two common investment measurements.
Regression Toward The Mean
An overview of Regression Toward The Mean.
Efficient Market HypothesisAn overview of the Efficient Market Hypothesis.
Animal Spirits
An overview of animal spirits, a theory of investing.
Financial MarketsA definition of financial market with examples.Mr Market
A definition of Mr. Market, an investing theory.
Organic Growth
A definition of organic growth with examples.
Concept Company
The common types of concept company.
Information CostsA definition of information costs with examples.Channel Check
The definition of channel check with examples.
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