In the last two decades, the industrial world witnessed an intensifying fragmentation and segmentation of its markets, especially for the consumer durable goods. The upshot is the ever-increasing difficulty for the exploration of 'traditional' economies of scale by means of highly specialised equipment and production of standardised goods. Thus, the recent vogue of the concept of economies of scope. Nevertheless, various inaccurate conclusions in relation to the transition from economies of scale to economies of scope are found in the literature. The aim of this paper is to pinpoint some of these conclusions and try to introduce some arguments in order to organise the discussion on the subject
economies of scale; economies of scope; technical change