Small firm start-up by composers in the recording industry

Small firm start-up by composers in the recording industry The paper examines new record company formation by music composers. In particular, it addresses their decision to release a record i.e. either to contract their music to record companies or to start-up their own company. In so doing, the research entails the collection and analysis of new data on the behaviour of musicians in the intermediate market for music. The research finds that musicians regard incumbent record companies to have a first mover advantage and that they generally aspire to secure a record contract rather than set-up their own company. Composers who start-up their own company usually do so because of ‘push’ rather than ‘pull’ factors and hence usually represent artistic enterprise which has been rejected by incumbent firms. In this manner, new firm formation by composers does not appear to represent the seeds of future industry. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Small Business Economics Springer Journals

Small firm start-up by composers in the recording industry

Loading next page...
 
/lp/springer_journal/small-firm-start-up-by-composers-in-the-recording-industry-etXbqOaS6Y
Publisher
Kluwer Academic Publishers
Copyright
Copyright © 1997 by Kluwer Academic Publishers
Subject
Business and Management; Management; Microeconomics; Entrepreneurship; Industrial Organization
ISSN
0921-898X
eISSN
1573-0913
D.O.I.
10.1023/A:1007968604929
Publisher site
See Article on Publisher Site

Abstract

The paper examines new record company formation by music composers. In particular, it addresses their decision to release a record i.e. either to contract their music to record companies or to start-up their own company. In so doing, the research entails the collection and analysis of new data on the behaviour of musicians in the intermediate market for music. The research finds that musicians regard incumbent record companies to have a first mover advantage and that they generally aspire to secure a record contract rather than set-up their own company. Composers who start-up their own company usually do so because of ‘push’ rather than ‘pull’ factors and hence usually represent artistic enterprise which has been rejected by incumbent firms. In this manner, new firm formation by composers does not appear to represent the seeds of future industry.

Journal

Small Business EconomicsSpringer Journals

Published: Sep 29, 2004

References

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Unlimited reading

Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.

Stay up to date

Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.

Organize your research

It’s easy to organize your research with our built-in tools.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

Monthly Plan

  • Read unlimited articles
  • Personalized recommendations
  • No expiration
  • Print 20 pages per month
  • 20% off on PDF purchases
  • Organize your research
  • Get updates on your journals and topic searches

$49/month

Start Free Trial

14-day Free Trial

Best Deal — 39% off

Annual Plan

  • All the features of the Professional Plan, but for 39% off!
  • Billed annually
  • No expiration
  • For the normal price of 10 articles elsewhere, you get one full year of unlimited access to articles.

$588

$360/year

billed annually
Start Free Trial

14-day Free Trial