This paper presents an industry equilibrium model of vertical integration under contractualimperfections with speci…c input suppliers and external investors. I assume that vertical inte-gration economizes on the needs for contracts with speci…c input suppliers at the cost of higher…xed costs....

In this work we discuss the impact of the new ICT techno-economic paradigm upon thevertical and horizontal boundaries of the firm and ask whether the change in the sources ofcompetitive advantage has resulted in changes in the size distribution of firms and also in thedegree of concentration of...

Der vorliegende Projektbericht entstand im Rahmen des vom Bundesministerium für Bildungund Forschung (BMBF) geförderten Projekts „Transolve (Transformation von Produzent undHändler zum Solution-Anbieter)“. Das grundlegende Ziel des Vorhabens TRANSOLVE ist dieErarbeitung eines Konzeptes...

Unlike studies on the vertical integration-performance relationship, we focus on disintegrating firms and investigate the performance consequences of vertical disintegration. We predict a positive disintegration effect on operating performance which is further conditioned on the initial degree...

In this paper we present a history-friendly model of the changing vertical scope of computerfirms during the evolution of the computer and semiconductor industries. The model is“history friendly”, in that it attempts at replicating some basic, stylized qualitative features ofthe evolution of...

In the German automobile industry the vertical integration, as an indicator ofvalue added, is on average low. Beyond the argument of relative high labourcosts for manufacturing, several specific reasons for the level of vertical integration,linked to the flexibility of business administration...

Der vorliegende Beitrag zeigt, dass die Festlegung der Fertigungstiefein der Gegenstromplanung von Strategien kein stringentes Instrumentder Unternehmensführung ist. Die Top-Down und Bottom-Up Analyseüber die hierarchischen Ebenen der Unternehmens-, Wettbewerbs- undFunktionalstrategie liefert...

In this paper, we present a model of endogenous vertical integration and horizontal differentiation. Thereexists two output brands and two versions of the input. The only mean for output differentiation is the inputversion used in output production. Firms may choose to vertically integrate to...