| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16677 |
| DP16677 Business Groups as Knowledge-Based Hierarchies of Firms | |
| Carlo Altomonte; Gianmarco Ottaviano; Armando Rungi; Tommaso Sonno | |
| 发表日期 | 2021-10-29 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Hierarchical differentiation is a cornerstone of the organizing process. In this paper, we do three things. First, exploiting a newly assembled dataset, we provide the first worldwide overview of the patterns of hierarchical differentiation across Business Groups (BGs), highlighting the coexistence of different hierarchical shapes. Second, we show how the different shapes can arise as optimal hierarchical structures in a knowledge-based model of BGs when subsidiaries’ operations involve ubiquitous problem solving under parents’ supervision. Three primitive characteristics of a BG determine its optimal choice of hierarchical structure: production efficiency and two dimensions of problem solving efficiency related to supervising knowledge creation and handling associated communication across subsidiaries. Third, we check the consistency of the model’s predictions with the empirical patterns for Europe, the US, and the world. The model successfully passes the consistency test. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Business groups Knowledge hierarchies Multinational enterprises Organization of production |
| URL | https://cepr.org/publications/dp16677 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545615 |
| 推荐引用方式 GB/T 7714 | Carlo Altomonte,Gianmarco Ottaviano,Armando Rungi,et al. DP16677 Business Groups as Knowledge-Based Hierarchies of Firms. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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