Purposive Diversification and Economic Performance by John T. Scott
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Purposive Diversification and Economic Performance
By John T. Scott

Purposive Diversification and Economic Performance

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Format: Paperback

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Purposive Diversification and Economic Performance by John T. Scott

Book Description

This book examines product-line diversification in large manufacturing firms. It introduces and applies a methodology that discerns groups of manufacturing industries related by complementarities in production, marketing, distribution, and research and development (R&D) activities. Manufacturing firms intentionally vary production to exploit these complementarities, and Professor Scott uses evidence from US manufacturing to explore hypotheses about such purposive diversification and ensuing economic performance, including product diversification's effects on both static efficiency and the optimality of R&D investment. The study offers insights into the policy debate about cooperation versus competition among firms: will industrial performance be better if leading firms cooperate on research, production, and marketing? Professor Scott shows that the answers depend on circumstances that vary with different industrial environments. His analysis offers insights about business strategy and public policy toward business combinations in conglomerate, vertical, and horizontal mergers and in cooperative R&D ventures.

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Book Details

ISBN: 9780521022583
ISBN-10: 0521022584
Format: Paperback
(228mm x 152mm x 16mm)
Pages: 284
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 10-Nov-2005
Country of Publication: United Kingdom

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Books By Author John T. Scott

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Few philosophers have been the subject of as much or as intense debate, yet almost everyone agrees on one thing: Jean-Jacques Rousseau is among the most important and influential thinkers in the history of political philosophy. This book brings together fresh translations of three of Rousseau's works.

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The rise and spectacular fall of the friendship between the two great philosophers of the eighteenth century, barely six months after they first met, reverberated on both sides of the Channel. This title explores the unfolding rift between two of the greatest of Enlightenment thinkers, Jean-Jacques Rousseau and David Hume.

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