Diversification, Industry Dynamism, and Economic Performance The Imp
The decision to diversify lies at the core of corporate strategy and constitutes one of top management’s most important choices. Yet despite its importance and prominence within academic research, diversification remains subject to ongoing debate. Matthia
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Matthias Knecht
Diversification, Industry Dynamism, and Economic Performance The Impact of Dynamic-related Diversification on the Multi-business Firm
Matthias Knecht Universität Erlangen-Nürnberg Erlangen, Germany
Dissertation Universität Erlangen-Nürnberg, 2013
ISBN 978-3-658-02676-9 DOI 10.1007/978-3-658-02677-6
ISBN 978-3-658-02677-6 (eBook)
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FOREWORD With the rise of diversified conglomerates in the 1960s corporate diversification has become a central element in the strategist’s toolbox as a means to boost growth, enter into new markets, or acquire technology and intellectual property. Today diversified corporations command significant market share across virtually all industries and play an important role in economic activity. Yet, since adding value to a diverse set of businesses often proves difficult, corporate top management faces a crucial question: how to diversify? While m
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