1st Edition

Vertical Integration and Technological Innovation A Transaction Cost Approach

By Yeong Heok Lee Copyright 1994
    140 Pages
    by Routledge

    140 Pages
    by Routledge

    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.

    1. Introduction 2. Costs and Benefits of Vertical Integration 3. Knowledge Complementarity Effect and Transaction Costs 4. Vertical Integration and Technological Innovation in the US Electronics Industry 5. Conclusion

    Biography

    Yeong Heok Lee