Hashimoto, Noriaki - In: Economies : open access journal 9 (2021) 4, pp. 1-14
In vertical integration literature, the two processes leading to vertical integration, namely, (1) self-expansion of … capabilities are high and vice versa. Our model leads to more understanding of vertical integration. …-expansion separated from internalization and to explain systematically when they likely occur. This study develops a unique vertical …