Abstract
The deregulation of the telecommunications industry and its convergence with the broadcasting and computer industries have led to a variety of alliances within the redefined sector. The paper uses recent developments in the economics of a corporate structure to provide some tools for an analysis of these moves. It focuses on the firm's choice of internal organization, boundaries and alliances. After a brief recap of mergers and alliances in the three industries, the paper reviews the three possible motivations for such moves : efficiency, acquisition of market power, and objectives of entrenched managers. It then uses a formal model to provide a definition for the usually loose concept of core competency and to determine a firm's legal boundaries and sphere of influence as a function of its headquarters' ability to oversee activities. Last, it derives some implications of the analysis for the organization of R&D.
Original language | French |
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Pages (from-to) | 165-184 |
Number of pages | 20 |
Journal | Annales Des Télécommunications |
Volume | 50 |
Issue number | 1 |
DOIs | |
State | Published - Jan 1995 |
Externally published | Yes |
Keywords
- Audiovisual
- Computer industry
- Economic analysis
- Enterprise organization
- Firm cooperation
- Firm pool
- Firm strategy
- Research and development
- Telecommunication industry
ASJC Scopus subject areas
- Electrical and Electronic Engineering