The Impact of Frictions in Routine Execution on Economies of Scope
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DOI: 10.1002/smj.2643
Abstract: Research summary: Based on a detailed database of a beverages producer-distributor that expanded its product variety by leveraging its logistic network, we show that product diversification generates economies of scope and also higher operational costs.… read more here.
Keywords: routine execution; frictions routine; economies scope; product ... See more keywords
Economies of Scope, Resource Relatedness, and the Dynamics of Corporate Diversification
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DOI: 10.1002/smj.2654
Abstract: Research summary: The dominant view has been that businesses that are more related to each other are more often combined within diversified firms. This study uses a dynamic model to demonstrate that, with inter-temporal economies… read more here.
Keywords: economies scope; corporate diversification; business; relatedness dynamics ... See more keywords