Noun1.vertical integration- absorption into a single firm of several firms involved in all aspects of a product's manufacture from raw materials to distribution vertical combination consolidation,integration- the act of combining into an integral whole; "a consolidation of two corporations"; "after ...
Asymmetric Vertical Integration”, Advances in Theoretical Economics - Bühler, Schmutzler - 1994Buehler, S., and Schmutzler, A. (2005): Asymmetric Vertical Integra- tion, Advances in Theoretical Economics, 5, Article 1.Buehler, S. and Schmutzler, A. (2005). "Asymmetric vertical integration", ...
When companies can make a clear case for the value of vertical integration — for example, to address supply or demand risks — and have the capabilities to pursue it, vertical integration can help a company reduce costs, improve efficiency and have more control over its supply chain. When ex...
4. (Economics) economics of or relating to associated or consecutive, though not identical, stages of industrial activity: vertical integration; vertical amalgamation. 5. of or relating to the vertex 6. (Anatomy) anatomy of, relating to, or situated at the top of the head (vertex) n 7....
4.EconomicsRelating to or involving all stages from production to sale:vertical integration. 5.Relating to or composed of elements at different levels, as of society. 6.MedicineOf or relating to transmission of a disease or condition from parent to offspring, either through genetic inheritance or...
vertical integration helps to solve the hold-up problems arising when investment decisions are made before negotiations, that is when property rights over the returns on investment decisions are not well-defined ex-ante. In these models, foreclosure incentives are absent by definition. The need for...
Sample translated sentence: The OECD WPIIS definition of the sector represents a vertical integration of both manufacturing and services industries ↔ 经合发组织信息社会指标工作队对该部门的定义代表着制造业和服务业的纵向一体化(经合发组织 # 年)。 vertical integration noun grammar (economics) The ...
of or relating to associated or consecutive, though not identical, stages of industrial activity:vertical integration,vertical amalgamation of or relating to the vertex of, relating to, or situated at the top of the head (vertex) n a vertical plane, position, or line ...
Forward integration Backward integration ExampleIf General Motors acquires Bridgestone, it would be a vertical merger (vertical integration) because tire manufacturing and automobile manufacturing are part of a single supply chain (of automobiles). The merger is more specifically a backward integration....
Vertical Integration, Appropriable Rents, and the Competitive Contracting Process Author(s): Benjamin Klein, Robert G. Crawford, Armen A. Alchian Source: Journal of Law and Economics, Vol. 21, No. 2 (Oct., 1978), pp. 297-326 Published by: The University of Chicago Press Stable URL: /sta...