The diversified firm: non formal theories versus formal models

Davide Vannoni

CERIS Working Paper from CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY

Abstract: The paper analyses critically the theoretical approaches which try to explain the emergence and growth of diversified firms. While the outstanding theory is still heavily based on non formal analysis, some recent contributions have introduced formalised models. It is argued that a further development of formal theories could be very important for a deeper understanding of the complex phenomenon of multimarket production. Moreover, formal models could be extremely useful in order to build some precise hypotheses to be tested in sound empirical works.

Keywords: Diversification; Formalised Models. (search for similar items in EconPapers)
JEL-codes: L1 L2 (search for similar items in EconPapers)
Pages: 32 pages
Date: 1998-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: The diversifield firm: non formal theories versus formal models (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:csc:cerisp:199806

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