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Author: | Siggelkow, N. |
Title: | Why focus? A study of intra-industry focus effects |
Journal: | Journal of Industrial Economics
2003 : JUN, VOL. 51:2, p. 121-150 |
Index terms: | Intra-industry trade Production Unit trusts USA |
Freeterms: | Focus |
Language: | eng |
Abstract: | Company-focus is found to be positively correlated with the ability of companies to produce high-value products in an intra-industry setting, while the overall effect of focus on company performance is negative due to missed demand externalities generated by a broad product offering. It is shown that U.S. mutual funds that belong to more focused fund providers outperform similar funds offered by more diversified providers. |
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