Resource title

On the Economics of Innovation Projects - Product Experimentation in the Music Industry

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Resource description

The paper is conceptual, combining project and economic organization literatures in orderto explain the organization and management of market-based projects. It dedicatesparticular focus to projects set up in order to facilitate product innovation throughexperimentation. It investigates the internal vs. market economies of scale and scope relatedto projects, as well as the issues of governance, planning and coordination related toreaping such economies. Incorporating transaction cost perspectives as well asconsiderations of labour markets, the paper explains the management of market-organizedinnovation projects by virtue of localized project ecologies and local labour markets ofleaders and boundary spanners. It illustrates its arguments with a case study of theRecorded Music industry.

Resource author

Mark Lorenzen, Lars Frederiksen

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Resource publish date

Resource language

eng

Resource content type

application/pdf

Resource resource URL

http://hdl.handle.net/10398/7881

Resource license

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