This research aims to understand why French wine producers venture into direct sale to customers instead of selling bulk wine to wine companies. The empirical tests on the French Farm Census confirm the value of both Resource-Based Perspective and Transaction Cost Economics in understanding...

Der Luftverkehrssektor stellt eine grundlegende Infrastruktur moderner Volkswirtschaften bereit. Mit der Liberalisierung der internationalen Luftverkehrsmärkte und der Privatisierung von Verkehrsflughäfen besteht die Notwendigkeit, den staatlichen Ordnungsrahmen an diese veränderten...

Purpose The purpose of this paper is to explain why some real estate companies choose to have a vertically integrated structure, instead of specializing in only stage of the production chain. Design/methodology/approach The first stage of the research was an extensive literature review to...