Intermediation in Five States: Estimates of Financial Performance and Growth Strategies
نویسندگان
چکیده
The theoretical literature concerning supply chain intermediation is surveyed to develop a framework of five intermediary states. Data collected on 58 electronic healthcare portals are used to test hypotheses concerning intermediation states, growth strategies and firm profitability, in a sample representing both traditional and electronic intermediaries. The study finds a positive relationship between more capital intensive states of intermediation and profitability, as well as finding a higher frequency of acquisitions as growth strategies in these same intermediary states.
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