Nicolas Petit @competitionprof.bsky.social · 13/01/2025Our colleague and coauthor David Teece highlighted this in his seminal 1980 paper on "Economies of scope and the scope of the enterprise" 13/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025On the topic of growth through acquisition, it's not so simple. There is significant heterogeneity in how firms expand. 14/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025For example, an industry analyst recently noted that Google has grown largely organically, with M&A playing a minor role. In contrast, firms like Salesforce have been more acquisitive. 15/N 100