Markusen, James R.; Xie, Yiqing - In: International Journal of Economic Theory 10 (2014) 1, pp. 75-90
outsourcing focused on the existence of knowledge-based assets, knowledge being non-rivaled and non-excludable. Ethier was the … further develops a model with both non-excludable knowledge capital and fully excludable physical capital. Results show that … vertical integration tends to be chosen when (a) the technology is relatively knowledge intensive and/or when (b) knowledge and …