Vertical integration and technological innovation : a transaction cost approach / Yeong Heok Lee.

1. Introduction 2. Costs and Benefits of Vertical Integration 3. Knowledge Complementarity Effect and Transaction Costs 4. Vertical Integration and Technological Innovation in the US Electronics Industry 5. Conclusion

Cover; Half Title Page; Title Page; Copyright Page; Original Title Page; Original Copyright Page; Contents; List of Tables; List of Figures; Acknowledgements; 1 Introduction; 1.1 Research Motivation; 1.2 Research Overview; 2 Costs and Benefits of Vertical Integration; 2.1 Transaction Cost Approach to Vertical Integration; 2.1.1 Various Rationales for Vertical Integration; 2.1.2 Transaction Cost Approach to Vertical Integration; 2.2 Cost-Benefit Analysis of Vertical Integration; 2.3 Summary; 3 Knowledge Complementarity Effect and Transaction Costs

3.1 Knowledge Complementarity Effect of Vertical Integration3.1.1 The New Institutions for Technological Innovation; 3.1.2 The Modes of Knowledge Complementarity; 3.1.3 Free Communication and the Employment Relationship; 3.2 Transaction Costs of Technology Transaction; 3.2.1 Asymmetric Information in Technology Transaction; 3.2.2 Human Capital and Opportunism; 3.2.3 Integration and Technology Leakages; 3.3 Summary; 4 Vertical Integration and Technological Innovation in the U.S. Electronics Industry; 4.1 Introduction; 4.2 The Sample; 4.3 The Variables

4.4 Estimating The Equation of Knowledge Production4.4.1 Patents as a Dependent Variable; 4.4.2 R&D Expenditure (R&D) as a Dependent Variable; 4.4.3 R&D Intensity (RND) as a Dependent Variable; 4.5 Estimating The Equation of Vertical Integration; 4.6 Summary, Limitations, and Suggested Further Research; 5 Conclusion; Bibliography; Appendix A The Distribution of Patents Applied for by Date Granted: 1970-1977; Appendix B Estimating VI Equation with Additive Sum of Variable FI; Index