Declining productivity and disappointing lack of profitability after three decades of biotechnology commercialization, despite enormous investment and the great promise of breakthrough solutions, have led researchers to question whether traditional horizontal acquisition strategies result in...

The aim of this paper is to scope the different institutional possibilities offered to the Europeans infrastructure managers into obtaining the most efficient cooperation between them and evaluate the possible effects of the European commission policy on this topic. The goal of this cooperation...

This paper describes how market and technological change can be conceived to affect corporatist politics in the area of waste management. The paper adopts a political economy approach to institutional change which seeks to trace the impact of market and technological change on established...

This paper presents theory and evidence on horizontal industry structure. At issue is the question: what makes industries necessarily fragmented? The theoretical model examines trade-offs associated with affiliation and integration, and how they are affected by the contracting environment. I...

In this paper, we investigate the use of horizontal distribution alliances (HDAs) in the international airline industry. Airlines enter these alliances to effectively meet the needs of passengers in new and expanding markets. We apply transaction cost analysis (TCA) to develop a conceptual...