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Diversification Strategy

In: The Evolving Firm

Author

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  • Neil M. Kay

Abstract

This chapter will base its examination of aspects of the diversification problem on existing analyses. We shall start by using data from a number of existing studies in looking at patterns of diversification in relation to technological change. Then we shall look briefly at the extent of R & D diversification in different US industries. The next section is concerned with relations between industrial inventive activity and diversification, and the third section is concerned with examination of the portfolio risk theory of diversification; in both cases puzzles thrown up by empirical studies are discussed in the light of the approach developed earlier.

Suggested Citation

  • Neil M. Kay, 1982. "Diversification Strategy," Palgrave Macmillan Books, in: The Evolving Firm, chapter 6, pages 96-113, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-06112-9_6
    DOI: 10.1007/978-1-349-06112-9_6
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