Towards an economic theory of the multiproduct firm Export

@article{citeulike:6055169, abstract = {This paper outlines a theory of the multiproduct firm. Important building blocks include excess capacity and its creation, market imperfections, and the peculiarities of organizational knowledge, including its fungible and tacit character. A framework is adopted in which profit seeking firms are seen to diversify in order to avoid the high transactions costs associated with using various markets to trade the services of various specialized assets. Neoclassical explanations of the multiproduct firm are shown to be seriously deficient.}, author = {Teece, David J.}, citeulike-article-id = {6055169}, citeulike-linkout-0 = {http://dx.doi.org/10.1016/0167-2681(82)90003-8}, citeulike-linkout-1 = {http://linkinghub.elsevier.com/retrieve/pii/0167-2681(82)90003-8}, doi = {10.1016/0167-2681(82)90003-8}, issn = {01672681}, journal = {Journal of Economic Behavior \& Organization}, keywords = {economic, firm, multiproduct, theory}, month = {March}, number = {1}, pages = {39--63}, posted-at = {2009-11-02 04:29:48}, priority = {3}, title = {Towards an economic theory of the multiproduct firm}, url = {http://dx.doi.org/10.1016/0167-2681(82)90003-8}, volume = {3}, year = {1982} }

TY - JOUR ID - citeulike:6055169 L3 - citeulike-article-id:6055169 N2 - This paper outlines a theory of the multiproduct firm. Important building blocks include excess capacity and its creation, market imperfections, and the peculiarities of organizational knowledge, including its fungible and tacit character. A framework is adopted in which profit seeking firms are seen to diversify in order to avoid the high transactions costs associated with using various markets to trade the services of various specialized assets. Neoclassical explanations of the multiproduct firm are shown to be seriously deficient. IS - 1 JF - Journal of Economic Behavior & Organization SN - 01672681 EP - 63 TI - Towards an economic theory of the multiproduct firm VL - 3 SP - 39 KW - economic KW - firm KW - multiproduct KW - theory AU - Teece, David PY - 1982/03// UR - http://dx.doi.org/10.1016/0167-2681(82)90003-8 ER -