Vertical Integration and Technological Innovation

Vertical Integration and Technological Innovation

Taylor & Francis

Vertical Integration and Technological InnovationA Transaction Cost Approach\nAuthor(s): Yeong Heok Lee\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138315037, 978-1138315037\nSynopsis\nOriginally published in 1994 this volume investigates the relationship between a firm's decision to integrate vertically and its research and development (R & D) strategy. Literature on vertical integration is reviewed and a framework presented to analyze the costs and benefits of vertical integration. The theoretical basis for the proposed hypostheses is investigated and the hypotheses tested empirically.

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