Vertical Specialization

Vertical Specialization

A management style in which one manager has authority over another. For example, one manager may be assigned to human resources, a second to operations, and a third to accounting, but all three must answer to the company president. See also: Horizontal Specialization.
References in periodicals archive ?
Mr Gaolatlhe said the country needed to take note that 50 per cent of cross border trade involves intermediate goods, which reflect the fragmentation of production networks and vertical specialization hence this should be signal of the importance to deliver goods on a deadline so as to dominate in the value chain.
Plastics is a broad industry with lots of opportunity for deep vertical specialization, but not everyone needs to operate at the Ph.D.
The vertical specialization as presented in Hummels, Ishii, and Yi (2001), a concept related to offshoring, is hereby applied in a way to measure the intermediate imports of services that countries require to export.
The pattern of vertical specialization in the region is characterized by a large and rapid expansion on back-and-forth transactions in parts and components (henceforth, IPC) in the form of intra-industry trade.
IP protection affects commerce throughout the economy by: providing incentives to invent and create; protecting innovators from unauthorized copying; facilitating vertical specialization in technology markets; creating a platform for financial investments in innovation; supporting startup liquidity and growth through mergers, acquisitions, and IPOs; making licensing-based technology business models possible; and, enabling a more efficient market for technology transfer and trading in technology and ideas.
"This 'vertical specialization,' it turns out, may have a blind spot when it comes to climate change, according to new research from the Potsdam Institute for Climate Impact Research.
He cited the example of Nykaa, one of Vinculum's esteemed customers as he added, "Another strategy for eTailers could be product or vertical specialization which gives them a better chance to organize business models and garner customer loyalty, which is not only the result of product quality but also the timely delivery of orders."
Invest in vertical specialization. Today's out-of-the-box horizontal solutions are no longer good enough.
The ten contributions that make up the bulk of the text are focused on a wide variety of interaleted subjects, including the development of GTAP-based, multi-region, input-output frameworks for supply chain analysis, the implications for international trade of the impact of natural disasters on global supply chains, and vertical specialization, tariff shirking, and trade.
He was of the view that trade complementarities can be developed in the region if the countries in the region are able to achieve vertical specialization through production sharing arrangements.
I then examine whether the rise of vertical specialization (VS) trade, trade in goods incorporating traded inputs, is a quantitatively important source of increasing trade volatility.
Vertical specialization and trade surplus in China.