While economies of scale for a firm primarily refer to the reduction in the average cost per unit, economies of scope refer to lowering the average cost for a firm in producing two or more products that could share resources. These two effects lead to economies of scope: Bundling effect: a...
网络规模与范围经济 网络释义 1. 规模与范围经济 分析过所有市场的制造成本后,管理者开始讨论让某些工厂专门生产某种产品,以促进规模与范围经济(economy of scale and s… course.cug.edu.cn|基于 1 个网页 例句
In this model, such capabilities provide more exploratory and responsive ways to create innovation than a reliance on the predictive methods inherent in the economy of scale. This leads to a “whole view” model of innovation. The model proposes a way of “sketching” innovation initiatives that...
It can also allow a country to specialize in its relative strengths or comparative advantages, thus taking advantage of economies of scale and of scope. While each specific global flow affects economic growth differently, all flows provide the ...
However, the scholars also discuss a theoretical possibility of a positive influence of higher market share on buyers’ contentedness in the short-term, particularly when an enterprise is specialized in a niche or enjoys great economies of scale and scope. They also theoretically consider a short-...
The choice of an appropriate VEC model among of the candidates can incorporate personal experience and familiarity with the data, limited-scope analyses, industry best practice, regulatory mandates, and statistical rigor. Also, in-sample fit metrics, such as information criteria (for example, AIC ...
The automotive industry has traditionally evolved as a vertically integrated value chain rooted in need to integrate every aspect of the process for mass production and to become an economy of scale. However, since the 1930s, the automotive industry’s degree of vertical integration declined and th...
However, despite a growing global provider industry, many especially larger clients also operate their own service centers abroad, creating economies of scale and scope across product lines. Both governance models continue to co-exist (Manning et al., 2018). From the very beginning, this industry...
Most economists believe that market-oriented economies are most successful at generating wealth, economic growth, and rising living standards for a nation. However, they differ on the precise scope, scale, and specific roles for government intervention that are necessary to provide the fundamental lega...
The above sections make clear that the "financial markets" are broad in scope and scale. To give two more concrete examples, we will consider the role of stock markets in bringing a company to IPO and the role of the OTC derivatives market in the 2008-09 financial crisis. ...