We examine the evolution of vertical specialization in three industries: chemicals,
computers, and semiconductors. Vertical specialization is the restructuring of industry-wide …

The analysis presented here provides a new explanation for why vertically integrated and
specialized firms may continue to coexist as industries evolve, especially during time …

This paper provides an integrative analysis of the drivers of vertical scope, using analytical
and computational methods. I propose a model with two vertical segments (upstream and …

Existing studies, largely based in transaction cost economics, approach the issue of vertical
scope as the decision of the individual firm about whether to make or buy, given the set of …

The analysis presented here suggests that the evolution of vertical firm structure depends on
contextual factors that differ in their impact across industries and produce different patterns …

Although the stylized model of industry evolution suggests that firms transform from vertical
integration to specialization over time, many industries still exhibit a continued persistence of …

In this article, we present a history-friendly model of the changing vertical scope of computer
firms during the evolution of the computer and semiconductor industries. The model is …

In recent decades, the global electronics industry has experienced a large reorganization.
US electronics firms have on a large scale off-shored and outsourced their manufacturing …

Understanding intra-industry boundaries is important because it offers insight into firms'
strategic options based on their competences. Defining intra-industry heterogeneity in terms …

Although vertical integration choices have been found to significantly affect firm
performance, there has been little empirical study of how such choices are affected by the …