haku: @author Ravenscraft, D. / yhteensä: 2
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| Tekijä: | D'Aveni, R. Ravenscraft, D. |
| Otsikko: | Economies of integration versus bureaucracy costs: does vertical integration improve performance |
| Lehti: | Academy of Management Journal
1994 : OCT, VOL. 37:5, p. 1167-1206 |
| Asiasana: | ECONOMIC CONDITIONS R&D PROFITABILITY |
| Kieli: | eng |
| Tiivistelmä: | This study tested links between vertical integration, cost structure, and performance at the line-of-business level of analysis. Major findings were (1) Vertical integration results in economies even after industry effects and economies of scope and scale are controlled. Vertically integrated lines of business economized on general and administrative, other selling, advertising, and R&D expenditures but had higher production costs and thus only marginally better profitability than nonintegrated lines of business in the same industry. (2) The higher production costs were linked to backward vertical integration. |
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