Journal ArticleDOI
Vertical integration and technological innovation. [Correlation between v. i. and research expenditures]
TLDR
The authors found that a significant relationship exists between vertical integration and expenditures for basic and applied research for the US petroleum industry, 1954-1975, and concluded that organizational structure influences expenditures on research in the modern business enterprise.Abstract:
The authors find that a significant relationship exists between vertical integration and expenditures for basic and applied research for the US petroleum industry, 1954-1975 They advance several hypotheses consistent with this finding, and conclude that organizational structure influences expenditures on research in the modern business enterpriseread more
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Book ChapterDOI
Chapter 18 Empirical studies of innovation and market structure
Wesley M. Cohen,Richard C. Levin +1 more
TL;DR: The authors discusses the perceptible movement of empirical scholars from a narrow concern with the role of firm size and market concentration toward a broader consideration of the fundamental determinants of technical change in industry.
Journal ArticleDOI
Organization Strategy and Structural Differences for Radical Versus Incremental Innovation
TL;DR: In this paper, the authors test a model of the organizational innovation process that suggests that the strategy-structure causal sequence is differentiated by radical versus incremental innovation, while more traditional strategy and structure arrangements tend to support new product introduction and incremental process adoption.
Journal ArticleDOI
Supplier switching costs and vertical integration in the automobile industry
Kirk Monteverde,David J. Teece +1 more
Abstract: This article tests a transactions cost theory of vertical integration with data from the U S. automobile industry. Existing theory is first refined to take into account industrial know-how and the cost of transferring such know-how. A testable model is then developed, which is estimated by using probit techniques. The results support the view that transactions cost considerations surrounding the development and deepening of human skills have important ramifications ]br delineating efficient organizational boundaries.
Journal ArticleDOI
Empirical Research in Transaction Cost Economics: A Review and Assessment
TL;DR: The main insights and predictions of transaction cost economics (TCE) are becoming increasingly accepted, in particular, the importance of govering transactions as mentioned in this paper, however, the empirical support for these claims is much less known.
Journal ArticleDOI
Make, Buy, or Ally: A Transaction Cost Theory Meta-Analysis
TL;DR: In this paper, the authors use meta-analytic techniques to quantitatively compare Williamson's Markets and Hierarchies with transaction cost theory, and show that Williamson's markets and hierarchies are similar to ours.