Rethinking the Diversification Discount | Organizations and Markets

Rethinking the Diversification Discount

1 February 2010 at 3:18 pm Peter G. Klein 1 comment

| Peter Klein |

A very good summary by Don Sull of recent literature on diversification. I like points #1 and #4 the best. He missed a few of the seminal papers (1, 2, 3) but nobody’s perfect. Note also that Sull is focusing on the corporate finance literature, which generally ignores inter-industry relatedness. In the strategic management literature, by contrast, relatedness (and its measurement) has been a central concern (see the references here).

Entry filed under: - Klein -, Strategic Management, Theory of the Firm.

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1. What’s up in innovation management in the online world? | InnovationManagement | 16 March 2010 at 4:44 am

[…] easy read for any practitioner – received some positive reviews from other scholars (for example here). It should probably be read as a useful source of nuanced arguments for the innovation manager […]

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