Shopping for Information? Diversification and the Network of Industries

    Management Science, pp. 161-183, 2015.

    Cited by: 1|Bibtex|Views0|Links
    EI
    Keywords:
    corporate diversificationinnovationinput-output tablesnetworksdiversification

    Abstract:

    We propose and test a view of corporate diversification as a strategy that exploits internal information markets, by bringing together information that is scattered across the economy. First, we construct an interindustry network using input-output data, to proxy for the economy's information structure. Second, we introduce a new measure ...More

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