Beyond markets and hierarchies: An economic analysis of vertical quasi-integration

Abstract The industrial dynamics of capitalism are linked to transformations in organizational forms of production. We have moved from the integrated traditional firm described by Chandler to the disintegrated modern firm. These new trends in the industrial world, which occurred in the 1980s and 1990s, have led firms to interfirm cooperation and vertical quasi-integration. The … Continue reading Beyond markets and hierarchies: An economic analysis of vertical quasi-integration