Difference between revisions of "Co-specialized complementary assets"

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Co-specialized complementary assets
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Cospecialized assets are those for which there is a bilateral dependence
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See [[M5-Strategy-S6 - Summary Teece - Complementary assets|M5-Strategy-S6 - Summary Teece - Complementary assets]]
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<img src="/static/files/MBI/Module%205/dependenceoncomplementaryassets.PNG" width="300" />
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</html>
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Co-specialized assets lead to hostile situations due to mutual dependencies.
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Examples of specialized assets depending on the innovation:
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* Embedded DVD-players in PC's
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* The cottage industry of accessories made for the iPod media device.
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Examples of an innovation depending on the specialized assets:
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* EMI Laboratories' innovation of the computerized axial tomography scanner and its failure due to rival General Electric's distribution and marketing expertise.
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Examples of co-specialized assets (innovation and asset depend on each other)
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* Strong biotechnology patents and the marketing and distribution resources of the large pharmaceuticals.
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'''You never want to integrate verticals unless you really have to.''' See 
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<html><a href="/static/files/MBI/Module%205/economicsofgovernance.pdf">Article of Oliver Williamson</a></html>
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[[Category:marketing]]
 
[[Category:marketing]]
  

Latest revision as of 19:48, 27 August 2020

Cospecialized assets are those for which there is a bilateral dependence

See M5-Strategy-S6 - Summary Teece - Complementary assets

Co-specialized assets lead to hostile situations due to mutual dependencies.

Examples of specialized assets depending on the innovation:

  • Embedded DVD-players in PC's
  • The cottage industry of accessories made for the iPod media device.

Examples of an innovation depending on the specialized assets:

  • EMI Laboratories' innovation of the computerized axial tomography scanner and its failure due to rival General Electric's distribution and marketing expertise.

Examples of co-specialized assets (innovation and asset depend on each other)

  • Strong biotechnology patents and the marketing and distribution resources of the large pharmaceuticals.

You never want to integrate verticals unless you really have to. See

Article of Oliver Williamson