April 1978
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46 Citations
International Affairs
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... Conversely, in periods of vertical specialization, these state-owned industrial behemoths begin to look outdated, costly and unnecessary so SOEs lose strategic value in addition to scale due to shedding what have become scale diseconomies in the new period of vertical disintegration. For example, French, Italian and Taiwanese models of vertical integration predicated in large part on SOEs in the 1950s and 1960s began to face pressures during the 1970s (Zysman, 1977;Piore & Sabel, 1984;Hsueh et al., 2001). ...
- Citing Article
April 1978
International Affairs