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Background Note
| HBS Case Collection
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2006
(Revised from original 2005 version)
Note on Corporate Strategy
by
Mikolaj Jan Piskorski
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Abstract
Introduces students to the study of corporate strategy. Focuses on questions of scope and ownership. Examines both horizontal and vertical integration. Underscores the point that economies of scope, or the existence of relationship-specific investments, are insufficient to explain effective corporate strategy unless there are important obstacles to contractual solutions.
Keywords: Investment;
Contracts;
Ownership;
Corporate Strategy;
Horizontal Integration;
Vertical Integration;
Citation:
Piskorski, Mikolaj Jan. "Note on Corporate Strategy." Harvard Business School Background Note 705-449, February 2006. (Revised from original January 2005 version.)