Vertical Integration and Technological Innovation: A Transaction Cost Approach

1st Edition

Yeong Heok Lee

Routledge
Published July 26, 2018
Reference - 136 Pages
ISBN 9781138314962 - CAT# K391190
Series: Studies on Industrial Productivity: Selected Works

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Summary

Originally published in 1994 this volume investigates the relationship between a firm's decision to integrate vertically and its research and development (R & D) strategy. Literature on vertical integration is reviewed and a framework presented to analyze the costs and benefits of vertical integration. The theoretical basis for the proposed hypostheses is investigated and the hypotheses tested empirically.

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