While the contemporary literature on diversification from a resource perspective builds upon Penrose's (1959) idea of excess firm capabilities, the focus has been on the applicability of resources across domains. Making a clear analytical distinction between scale-free capabilities and those...

The poor in most parts of the world may have electricity (especially in urban areas), but they rarely have water, sewer, and telephone services. When they gain access to local services, however, many do decide to connect