Purposive Diversification and Economic Performance
By (author) John T. Scott
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Purposive Diversification and Economic Performance by John T. Scott
Book DescriptionThis 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 DetailsISBN: 9780521022583
(228mm x 152mm x 16mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 10-Nov-2005
Country of Publication: United Kingdom
Books By Author John T. Scott
Major Political Writings of Jean-Jacques Rousseau, Paperback (April 2014)
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.
Philosophers' Quarrel, Paperback (February 2010)» View all books by John T. Scott
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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