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Spezialisierung und Unternehmenserfolg im verarbeitenden Gewerbe Deutschlands

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  • Bernd Görzig
  • Martin Gornig
  • Ramona Pohl

Abstract

The change of production and demand conditions requires continues adjustments of the product portfolio of enterprises. Based on representative micro data of official surveys for Germany these adjustments are set here in relationship with the success of enterprises. It can be shown that the majority of the enterprises in manufacturing is pursuing a specialization strategy. They concentrate on a decreasing number of products, increasing above all their operating surplus. Contrary, enterprises that pursue a diversification strategy prove against it as clearly growth-oriented. However, not all enterprises, which pursue a specialization strategy, are successful and not all enterprises, which expand their product range, are growing. Accordingly also deviations from the general results show up, if one regards individual industries, size classes or regions. Der Wandel der Produktions- und Nachfragebedingungen verlangt von Unternehmen immer wieder Anpassungen ihrer Produktpalette. Auf der Basis von repräsentativen Mikrodaten der amtlichen Statistik werden hier diese Anpassungen in Beziehung zum Erfolg und zum Wachstum der Unternehmen gesetzt. Es wird gezeigt, dass die Mehrzahl der Unternehmen im verarbeitenden Gewerbe in Deutschland eine Spezialisierungsstrategie verfolgt. Sie konzentrieren sich auf die Erstellung und Vermarktung immer weniger Produkte. Damit steigern diese Unternehmen vor allem ihren operativen Gewinn. Unternehmen mit steigender Produktvielfalt, die eine Diversifizierungsstrategie verfolgen, erweisen sich dagegen als deutlich wachstumsstärker. Jedoch nicht alle Unternehmen, die eine Spezialisierungsstrategie verfolgen, sind erfolgreich und nicht alle Unternehmen, die ihre Produktpalette ausweiten, wachsen. Entsprechend zeigen sich auch Abweichungen von den generellen Ergebnissen, wenn man einzelne Wirtschaftzweige, Größenklassen oder Regionen betrachtet.

Suggested Citation

  • Bernd Görzig & Martin Gornig & Ramona Pohl, 2007. "Spezialisierung und Unternehmenserfolg im verarbeitenden Gewerbe Deutschlands," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 76(3), pages 43-58.
  • Handle: RePEc:diw:diwvjh:76-3-5
    DOI: 10.3790/vjh.76.3.43
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    References listed on IDEAS

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    1. Jacquemin, Alexis P & Berry, Charles H, 1979. "Entropy Measure of Diversification and Corporate Growth," Journal of Industrial Economics, Wiley Blackwell, vol. 27(4), pages 359-369, June.
    2. Boyan Jovanovic, 1993. "The Diversification of Production," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 24(1 Microec), pages 197-247.
    3. Werner Smolny, 2003. "Determinants of innovation behaviour and investment estimates for west-german manufacturing firms," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 12(5), pages 449-463.
    4. Ernest H. Hall Jr., 1995. "Corporate Diversification and Perfor Mance: An Investigation of Causality," Australian Journal of Management, Australian School of Business, vol. 20(1), pages 25-42, June.
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    Cited by:

    1. Wagner Joachim, 2009. "Produktdifferenzierung in deutschen Industrieunternehmen 1995 – 2004: Ausmaß und Bestimmungsgründe / Product Diversification in German Manufacturing Enterprises 1995 – 2004: Extent and Determinants," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 229(5), pages 615-642, October.
    2. Nils Braakmann & Joachim Wagner, 2011. "Product diversification and stability of employment and sales: first evidence from German manufacturing firms," Applied Economics, Taylor & Francis Journals, vol. 43(27), pages 3977-3985.
    3. Nils Braakmann & Joachim Wagner, 2009. "Product Differentiation and Profitability in German Manufacturing Firms," Working Paper Series in Economics 115, University of Lüneburg, Institute of Economics.
    4. Braakmann Nils & Wagner Joachim, 2011. "Product Diversification and Profitability in German Manufacturing Firms," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 231(3), pages 326-335, June.

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    More about this item

    Keywords

    Diversification; firm¿s success; firm size; industry; region;
    All these keywords.

    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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