Vertical Integration and Distance to Frontier
收藏NBER2002-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w9191
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资源简介:
We construct a model where the equilibrium organization of firms changes as an economy approaches the world technology frontier. In vertically integrated firms, owners (managers) have to spend time both on production and innovation activities, and this creates managerial overload, and discourages
提供机构:
美国国家经济研究局
创建时间:
2002-09-01



