Diversification and the Achievement of Scope Economies
ISBN
978-3-540-79348-9
Type
book section
Date Issued
2009
Author(s)
Editor(s)
Bausch, Andreas
Schwenker, Burkhard
Abstract
The utility industry is undergoing major regulatory changes, freeing up a competition between alternative business models. Diversification marks one of the main themes in this struggle for success. The question of how companies can add value by engaging in multiple businesses inevitably relates to the concept of economies of scope. This chapter introduces the concept as a rationale for diversification, highlights its practical limitations, and discusses whether it explains the exhibited diversification trends within the utility industry. The chapter concludes by supporting the relevance of the concept for explaining diversification in general and the trends within the utility industry in particular.
Language
English
Keywords
Strategisches Management
Diversifikation
Diversification
Energiebranche
Economies of Scope
HSG Classification
contribution to practical use / society
Refereed
No
Book title
Handbook Utility Management
Publisher
Springer
Publisher place
Berlin
Start page
55
End page
72
Pages
18
Subject(s)
Division(s)
Eprints ID
56251
File(s)![Thumbnail Image]()
Name
09_Diversification (Utility Management).pdf
Size
3.85 MB
Format
Adobe PDF
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