Abstract
An exploratory analysis of 35 industries suggests that many of them (21 of 35) were restructuring in the 1980s into a group of large, multi-market firms and a group of product/market specialists. This concentration-specialism trend is a response to intensified competition caused by lower demand growth and deregulation. The concentration-specialism trend appears more pronounced in developed market economies and service industries. The study identifies key strategic options as well as impediments to coping with this trend.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 233-246 |
| Number of pages | 14 |
| Journal | International Business Review |
| Volume | 4 |
| Issue number | 2 |
| DOIs | |
| State | Published - Jun 1995 |
All Science Journal Classification (ASJC) codes
- Business and International Management
- Finance
- Marketing
Keywords
- Concentration
- Deregulation
- International
- Specialism
- Strategy