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on Cultural Economics |
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Issue of 2023‒08‒28
five papers chosen by Roberto Zanola, Università degli Studi del Piemonte Orientale |
| By: | Koch, Florian; Hoellen, Max; Konrad, Elmar D.; Kock, Alexander |
| Abstract: | Creative industries contain paradoxes because conflicting tensions arise between the market and the arts. Entrepreneurs need to find and maintain a balance between those two sides to create innovation. This study tests the interaction between business and creative orientations of a founder in their influence on innovation in the context of creative entrepreneurial firms and provides recommendations for how creative agents can leverage and manage their innovations based on their creative visions. Determinants on the individual level, such as the founder's creative or business orientations, have a lasting impact on the practices and process of their venture. To trace the imprinting influence of the founder's orientation on innovation, the empirical setting is a time‐lagged study of German firm owners in the cultural and creative industries surveyed 5 years apart. The results show a significant relationship between creative orientation and innovation, whereas business orientation does not significantly relate to innovation. However, creative and business orientations reveal a negative interaction effect. This study contributes empirical evidence to the paradox theory and the interaction between the opposite poles. Our findings provide valuable insights about the relevance of creative orientation and its visionary impact on the firms' innovation process. Furthermore, the results shed new light on the tension between art and the market, as different compositions of the two orientation poles seem to have a varying impact on the degree of innovation. Thus, the study reveals the complexity of creative entrepreneurship and provides managerial guidance for other knowledge‐based industries. |
| Date: | 2023 |
| URL: | http://d.repec.org/n?u=RePEc:dar:wpaper:138979&r=cul |
| By: | Shuhei Kitamura |
| Abstract: | This paper examines the influence of climate change on the human mind and culture from the 13th century to the 21st century. By quantitatively analyzing 100, 000 paintings and the biological data of over 2, 000 artists, an interesting U-shaped pattern in the lightness of paintings was found, which correlated with trends in global temperature. Event study analysis revealed that when an artist is subjected to a high-temperature shock, their paintings become brighter in later periods. Moreover, the effects are more pronounced in art genres that rely less on real things and more on the artist's imagination, indicating the influence of artists' minds. Overall, this study demonstrates the significant and enduring influence of climate on the human mind and culture over centuries. |
| Date: | 2023–07 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2307.15540&r=cul |
| By: | Tim Pawlowski (University of Tübingen); Dooruj Rambaccussing (University of Dundee); Philip Ramirez (Department of Economics, University of Reading); James (Department of Economics, University of Reading); Giambattista Rossi (Birkbeck University of London) |
| Abstract: | Previous research exploring the role of belief dynamics for consumers in the entertainment industry has largely ignored the fact that emotional reactions are a function of the content and a consumer’s disposition towards certain participants involved in an event. By analyzing 19m tweets in combination with in-play information for 380 football matches played in the English Premier League we contribute to the literature in three ways. First, we present a setting for testing how belief dynamics drive behavior which is characterized by several desirable features for empirical research. Second, we present an approach for detecting fans and haters of a club as well as neutrals via sentiment revealed in Tweets. Third, by looking at behavioral responses to the temporal resolution of uncertainty during a game, we offer a fine-grained empirical test for the popular uncertainty-of-outcome hypothesis in sports. |
| Keywords: | suspense, surprise, entertainment utility, football, tweets |
| JEL: | C10 D91 L83 |
| Date: | 2023–08–04 |
| URL: | http://d.repec.org/n?u=RePEc:rdg:emxxdp:em-dp2023-13&r=cul |
| By: | Moreno, Frede |
| Abstract: | This research paper investigates the socio-political and cultural dynamics surrounding the Sama Bajau ethnic tribe, commonly referred to as "stateless sea gypsies, " residing along the coastlines of the Bangsamoro region in the Philippines. By employing a multidisciplinary approach that encompasses anthropology, sociology, and public administration, this study provides a comprehensive understanding of the historical, socio-cultural, and political contexts that contribute to the statelessness of the Sama Bajau community. Drawing on a thorough examination of existing literature, empirical data analysis, and field observations, this research reveals the challenges confronted by the Sama Bajau, including limited access to essential services, landlessness, marginalization, and the preservation of their cultural heritage. Moreover, it explores the intricate relationship between state policies, local governance structures, and the resilient cultural practices of the Sama Bajau. In light of these findings, this study presents a set of policy recommendations aimed at addressing the plight of the Sama Bajau tribe. These proposals advocate for the recognition of their rights to cultural identity and land, the provision of basic social services, and the implementation of inclusive strategies to enhance their active involvement in decision-making processes. |
| Keywords: | stateless sea gypsies, Sama Bajau, Bangsamoro, Philippines, statelessness, ethnic tribe, cultural resilience, governance. |
| JEL: | I31 I38 O2 O5 O50 Q0 Q00 Q01 Q5 Q51 Q54 Q56 Q57 Q58 R2 R23 Y8 Y9 Z0 Z00 Z1 Z13 Z18 |
| Date: | 2023–05–31 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:117900&r=cul |
| By: | Pierre Mérel (UC Davis - University of California [Davis] - UC - University of California); Ariel Ortiz-Bobea (Cornell University [New York]); Emmanuel Paroissien (Université Paris-Saclay, INRAE, UR ALISS) |
| Abstract: | This paper provides empirical evidence on the welfare losses associated with asymmetric information about product quality in a competitive market. When consumers cannot observe product characteristics at the time of purchase, atomistic producers have no incentive to supply costly quality. We compare wine prices across administrative districts around the enactment of historic regulations aimed at certifying the quality of more than 250 French appellation wines to identify welfare losses from asymmetric information. We estimate that these losses amount to more than 7% of total market value, suggesting an important role for credible certification schemes. |
| Keywords: | Asymmetric information, Adverse selection, Quality uncertainty, Welfare, Wine appellation |
| Date: | 2021–09 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04148936&r=cul |