Economies of scale in the North American iron ore mining industry
Article Abstract:
A restructuring of the North American iron ore industry would cut costs, but this is unlikely to occur due the structure of ownership in the industry, which lacks flexibility to deal with slack demand. Vertical joint ventures were an appropriate structure in the context of rising demand, since they could more easily raise capital, but they are likely to mean higher costs in the new context. Similar arguments can be applied to the electricity industry, due to similar processes operating with economies and diseconomies of scale.
Publication Name: Studies in Economic Analysis
Subject: Business, general
ISSN: 0198-8263
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Capability reconfiguration: An analysis of incumbent responses to technological change
Article Abstract:
The inward looking perspective of the dynamic capabilities literature is integrated with the outward looking technological perspective to present a model of capability reconfiguration to explain the responses of incumbents to technological change. It is concluded that the extent to which chosen mechanisms of capability reconfiguration enables incumbents to overcome cognitive and operational impediments influences their capacity to bridge capability gaps.
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Technological change in large U.S. commercial banks. Advertising, competition, and market share instability. Are there scale economics in advertising?
- Abstracts: Dimensions of control in UK international joint ventures. Crafting successful strategic technology partnerships
- Abstracts: Managing dysfunctional emotions in organizations. The management of meaning in the Polish crisis
- Abstracts: A standard data base for the analysis of Japanese security markets. Indexation and the effect of inflation uncertainty on real GNP