Abstract

Abstract Explaining the scope of activities pursued by the modern business enterprise is clearly central to our understanding of the organization of industry. Yet, as Ronald Coase points out, the received theory of industrial organization is unable to explain why General Motors is not a dominant factor in the coal business or why A & P does not manufacture airplanes (Coase (1972, p. 67)).

Keywords

Coase theoremScope (computer science)Economies of scopeBusiness enterpriseIndustrial organizationCoalBusinessEconomicsEngineeringMarketingBusiness administrationTransaction costFinanceEconomies of scaleComputer science

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Publication Info

Year
1997
Type
book-chapter
Pages
103-116
Citations
78
Access
Closed

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David J. Teece (1997). Economies of Scope and the Scope of the Enterprise. , 103-116. https://doi.org/10.1093/oso/9780198781806.003.0009

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DOI
10.1093/oso/9780198781806.003.0009