Background Note | HBS Case Collection | January 2005 (Revised February 2006)

Note on Corporate Strategy

by Mikolaj Jan Piskorski


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;


Piskorski, Mikolaj Jan. "Note on Corporate Strategy." Harvard Business School Background Note 705-449, January 2005. (Revised February 2006.)