EconPapers    
Economics at your fingertips  
 

Innovation, Networks, and Vertical Integration

Paul Robertson () and Richard Langlois ()

Industrial Organization from University Library of Munich, Germany

Abstract: A central debate in industrial policy today is that between proponents of large vertically integrated firms on the one hand and advocates of networks of small specialized producers on the other. This paper argues that neither institutional structure is the universal panacea its enthusiasts claim. The menu of institutional alternatives is in fact quite large, and both firms and networks -- of which there is more than one kind -- can be successful, growth- promoting adaptations to the competitive environment. Industrial structures vary in their ability to coordinate information flows necessary for innovation and to overcome power relationships adverse to innovation. The relative desirability of the various structures, then, will depend on the nature and scope of technological change in the industry and on the effects of various product life-cycle patterns. The principal policy conclusion of this analysis is that the government's role ought to be facilitating rather than narrow and

JEL-codes: L (search for similar items in EconPapers)
Pages: 40 pages
Date: 1994-06-30
Note: 40 pages. Forthcoming in Research Policy
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11) Track citations by RSS feed

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/io/papers/9406/9406006.doc.gz (application/msword)
https://econwpa.ub.uni-muenchen.de/econ-wp/io/papers/9406/9406006.pdf (application/pdf)
https://econwpa.ub.uni-muenchen.de/econ-wp/io/papers/9406/9406006.ps.gz (application/postscript)

Related works:
Journal Article: Innovation, networks, and vertical integration (1995) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpio:9406006

Access Statistics for this paper

More papers in Industrial Organization from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().

 
Page updated 2022-08-17
Handle: RePEc:wpa:wuwpio:9406006