Abstract
Economic theory now has a conceptual framework in which alternatives in the matter of vertical integration can be compared. This nontechnical paper lists questions about technology and industry structure that must be addressed by a careful design of a structural strategy. It reviews the two common motivations for vertical integration: efficiency and foreclosure. The paper does not draw any firm conclusion for the telecommunications industry (this would require a much more detailed analysis), but suggest how modern economic theory could be applied to shed light on this industry.
| Translated title of the contribution | Recent insights on vertical integration: An informal user's manual |
|---|---|
| Original language | French |
| Pages (from-to) | 256-264 |
| Number of pages | 9 |
| Journal | Annales Des Télécommunications |
| Volume | 50 |
| Issue number | 2 |
| DOIs | |
| State | Published - Feb 1995 |
| Externally published | Yes |
Keywords
- Decision making
- Economic theory
- Firm strategy
- Innovation
- Joint venture
- Profit
- Supplier
- Telecommunication industry
ASJC Scopus subject areas
- Electrical and Electronic Engineering