Diversification, Industry Dynamism, and Economic Performance
Title | Diversification, Industry Dynamism, and Economic Performance PDF eBook |
Author | Matthias Knecht |
Publisher | Springer Science & Business Media |
Total Pages | 348 |
Release | 2013-07-01 |
Genre | Business & Economics |
ISBN | 3658026774 |
The decision to diversify lies at the core of corporate strategy and is one of the most important decisions for top management. Matthias Knecht introduces a new perspective on corporate diversification that extends the academic discussion and reveals substantial new insights with regards to one of the most pressing questions in strategic management: what makes a diversification strategy successful? The author introduces the dynamism of industries as the dominant force in the firm’s environment that influences the organization on all levels. Due to strategic, organizational, and managerial similarities of businesses competing in similar dynamic environments, synergistic benefits and superior economic performance can be realized through the combination of dynamic-related businesses in the corporate portfolio. This study provides a quantitative, multidimensional operationalization of industry dynamism and an in-depth assessment of the dynamism of a wide range of industries. At the core of the study lies the investigation of the performance impact of dynamic-related diversification strategies. The results provide new insights into successful portfolio construction strategies in the face of today’s dynamic environments.
Structural Economic Dynamics
Title | Structural Economic Dynamics PDF eBook |
Author | Luigi Pasinetti |
Publisher | Cambridge University Press |
Total Pages | 212 |
Release | 2006-11-02 |
Genre | Business & Economics |
ISBN | 9780521029766 |
This book is a theoretical investigation of the influence of human learning on the development through time of a 'pure labour' economy. The theory proposed is a simple one, but aims to grasp the essential features of all industrial economies. Economists have long known that two basic phenomena lie at the root of long-term economic movements in industrial societies: capital accumulation and technical progress. Attention has been concentrated on the former. In this book, by contrast, technical progress is assigned the central role. Within a multi-sector framework, the author examines the structural dynamics of prices, production and employment (implied by differentiated rates of productivity growth and expansion of demand) against a background of 'natural' relations. He also considers a number of institutional problems. Institutional and social learning, know-how, and the diffusion of knowledge emerge as the decisive factors accounting for the success and failure of industrial societies.
Diversification, Relatedness, and Performance
Title | Diversification, Relatedness, and Performance PDF eBook |
Author | Frithjof Pils |
Publisher | Springer Science & Business Media |
Total Pages | 229 |
Release | 2009-04-09 |
Genre | Business & Economics |
ISBN | 3834981818 |
Frithjof Pils uses multiple statistical techniques to examine the true nature of the relationships between diversification strategies and accounting-based, market-based, and growth-based performance. The author shows implications for the interpretation of past research, the design of future research including the use of meta-analysis methodologies, as well as management practice.
Purposive Diversification and Economic Performance
Title | Purposive Diversification and Economic Performance PDF eBook |
Author | John T. Scott |
Publisher | Cambridge University Press |
Total Pages | 284 |
Release | 1993-06-25 |
Genre | Business & Economics |
ISBN | 0521430151 |
Exploring hypotheses about purposive diversification and ensuing economic performance, this study offers insights into the debate about cooperation versus competition among firms.
Diversification, Refocusing, and Economic Performance
Title | Diversification, Refocusing, and Economic Performance PDF eBook |
Author | Constantinos Markides |
Publisher | MIT Press |
Total Pages | 228 |
Release | 1995 |
Genre | Business & Economics |
ISBN | 9780262133111 |
This work examines the causes and consequences of the "refocusing" phenomenon, where companies have stopped diversifying and begun focusing once more on their core product lines. Coverage includes a discussion of the effects of refocusing on market value, profitability and organizational structure.
Export Diversification in Low-Income Countries and Small States: Do Country Size and Income Level Matter?
Title | Export Diversification in Low-Income Countries and Small States: Do Country Size and Income Level Matter? PDF eBook |
Author | Dongyeol Lee |
Publisher | International Monetary Fund |
Total Pages | 24 |
Release | 2019-05-24 |
Genre | Business & Economics |
ISBN | 1498315658 |
Export structure is less diversified in low-income countries (LICs) and especially small states that face resource constraints and small economic size. This paper explores the potential linkages between export structure and economic growth and its volatility in LICs and small states, using a range of indices of export concentration differing in the coverage of industries. The empirical analysis finds that export diversification may promote economic growth and reduce economic volatility in these countries. Furthermore, the analysis demonstrates that the economic benefits of export diversification differ by country size and income level—there are bigger benefits for relatively larger and poorer countries within the group of LICs and small states.
Diversification and Integration in American Industry
Title | Diversification and Integration in American Industry PDF eBook |
Author | Michael Gort |
Publisher | |
Total Pages | 238 |
Release | 1972 |
Genre | Diversification in industry |
ISBN |