Culture and commerce: the value of entrepreneurship in creative industries

Highlighting the roles and functions of three essential players--creators, producers, and intermediaries--this book leads readers to better understand the nature of creative industries and the impact that they have on business and culture

Where Do Market Categories Come from and How? Distinguishing Category Creation from Category Emergence

This paper reviews several streams of research on market category formation. Most past research has largely focused on established category systems and the antecedents and consequences of categorical positioning (i.e. categorical purity vs. spanning; combination vs. replacement) but relatively ignored the formative processes leading to new categories. In this review, we address this lacuna to posit that scholarship would benefit from clearly disentangling category emergence from category creation. We analytically describe the differences between the two and elaborate the boundary conditions that guide and define which process is more likely to occur in a given market. Our review contributes to illuminating the role of organizational agency and strategic actions in market categories and their formation, which deserve greater attention due to their theoretical and practical implications

Changing Landscapes: The Construction of Meaning and Value in a New Market Category—Modern Indian Art

Stable category meanings act as institutions that facilitate market exchange by providing bases for comparison and valuation. Yet little is known about meaning construction in new categories or how meaning translates into valuation criteria. We address this gap in a descriptive study of these processes in an emerging category: modern Indian art. Discourse analysis revealed how market actors shaped the construction of meaning in the new category by reinterpreting historical constructs in ways that enhanced commensurability and enabled aesthetic comparisons and valuation. Analysis of auction transactions indicated greater intersubjective agreement about valuation over time as the new category institutionalized

Changing Landscapes: The Construction of Meaning and Value in a New Market Category—Modern Indian Art

Stable category meanings act as institutions that facilitate market exchange by providing bases for comparison and valuation. Yet little is known about meaning construction in new categories or how meaning translates into valuation criteria. We address this gap in a descriptive study of these processes in an emerging category: modern Indian art. Discourse analysis revealed how market actors shaped the construction of meaning in the new category by reinterpreting historical constructs in ways that enhanced commensurability and enabled aesthetic comparisons and valuation. Analysis of auction transactions indicated greater intersubjective agreement about valuation over time as the new category institutionalized

Getting known by the company you keep: publicizing the qualifications and former associations of skilled employees

When product quality cannot be ascertained in advance of purchase, producers must convince relevant audiences that they are worthy of consideration as quality players. We propose that quality-oriented producers will selectively publicize information about their skilled employees in anticipation of signaling benefits, which include the accrual of visibility and the projection of quality-based identities. We validate our perspective on publicizing affiliation information by analyzing how a sample of Australian wine producers publicized specific career information about their skilled employees (i.e., their winemakers), including the names of certain former employers of these individuals. Copyright 2009 , Oxford University Press.

Craft in organizational society (panel symposium)

Modern society is experiencing a revival of craft, yet our understanding of the role of craft in society remains very sparse. Craft appears to be an important component of the new economy and may provide opportunities to dampen inequality in modern society. As such, enhancing our understanding of the craft revival seems to be essential. In addition, we also lack a solid understanding of the unique organizations and networks that engage in craft production. Key for these actors appears to be striking a balance between tradition and innovation. The purpose of this symposium is to bring together a diverse panel of distinguished scholars conducting research on craft to (1) discuss the importance of and recent developments in the area; (2) chart out a course for future research, and; (3) engage in an interactive discussion with audience members around the topic