Vertical Integration and Technological Innovation: A Transaction Cost Approach, 1st Edition (Paperback) book cover

Vertical Integration and Technological Innovation

A Transaction Cost Approach, 1st Edition

By Yeong Heok Lee


136 pages

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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.

Table of Contents

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

About the Series

Studies on Industrial Productivity: Selected Works

Originally published between 1994 and 2000 the volumes in this set discuss:

  • the successful implementation of radical, technological innovations within business organizations.
  • issues of Chinese rural-rural and rural-urban migration
  • a number of subjects of significance for labor and economic policy, especially the role of U. S. tax policy in the relocation of jobs from the contintental USA to Puerto Rico.
  • the impact an immigrant community in the USA has on the type and quantity of foreign goods available.
  • the relation between technology and the exercise of sea power.
  • problems related to investment planning, capacity additions, and choice of technology in dynamic manufacturing systems.

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / International / Economics
BUSINESS & ECONOMICS / Economics / Theory