Valkonen, Laura (contributor) - 2006
processes and increasing their
efficiency continuously. Firms can gain competitive advantage also by investing in
R&D an … depicted by the Harberger’s triangle (Figure 1). (Harberger 1954)
AC’
P
m
AC P
c
D
Q
m
Q
c
Q
P
The harbergerian … Rita Asplund for
their help and valuable comments. This paper has been approved as Mas-
ter’s thesis by the Economics …