Examlex
When a patent is amortized, the credit is usually made to
Entry Barriers
Obstacles that make it difficult to enter a particular market, which can include high startup costs, strict regulations, or strong competition.
Resource Heterogeneity
The principle that resources needed for production, such as labor, capital, and land, differ in their quality and composition across firms or economies.
Temporary Competitive Advantage
A situation where a firm gains an edge over its competitors for a short period due to unique resources or positioning.
Redesign Production
This refers to the process of changing the way a product is created or manufactured to improve efficiency, quality, or adapt to new market demands.
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