The diversification of production
The diversification of production
复制标题
生产多元化
DOI:
10.2307/2534713
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发表时间:
1993
期刊:
影响因子:
--
通讯作者:
Boyan Jovanovic
中科院分区:
文献类型:
--
作者:
Boyan Jovanovic
MOST FIRMS TODAY produce more than one product. In this sense their production is diversified, or horizontally integrated. This paper addresses two questions. First, why have firms become more diversified over the past century? And second, why are diversified firms more oriented toward research and development (R&D) than nondiversified firms? I tackle these two questions under the assumption that a firm diversifies to maximize its efficiency. Economists have often argued that a firm reaps efficiency gains when it diversifies its production because its managerial and R&D inputs can be shared among its various activities:
影响因子:
2.2
作者:
WILLIAMSON, OE
通讯作者:
WILLIAMSON, OE