Shopping for Information? Diversification and the Network of Industries
Management Science, pp. 161-183, 2015.
corporate diversificationinnovationinput-output tablesnetworksdiversification
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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