The competitive dynamics of vertical integration: Motion picture producers in the United States, 1912-1970
August 7, 2009No Comments »Giacomo Negro and Olav Sorenson We investigate the competitive consequence of vertical integration on organizational performance using a comprehensive dataset of U.S. motion picture production companies, which includes information on their vertical scope and competitive overlaps. Vertical integration appears to change the dynamics of competition in two ways: (i) it buffers the vertically integrated firms [...]