Concepedia

Concept

economies of scope

Parents

80

Publications

7.1K

Citations

155

Authors

94

Institutions

About

Economies of scope is a concept in economic theory and business strategy that analyzes the cost advantages realized when a single firm produces a diverse range of goods or services. It investigates how the joint production of multiple distinct outputs yields a lower total cost than producing each output individually, typically due to shared resources, knowledge, or processes. This concept is significant for understanding diversification, corporate structure, and competitive advantage in multi-product enterprises.

Top Authors

Rankings shown are based on concept H-Index.

CE

Dartmouth College

JB

Duke University

RH

Duke University

SE

Pennsylvania State University

AF

Universidad Carlos III de Madrid

Top Institutions

Rankings shown are based on concept H-Index.

University of Glasgow

Glasgow, United Kingdom

Dartmouth College

Hanover, United States

Stanford University

Stanford, United States

Texas Tech University

Lubbock, United States