Reward systems in art

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Reward systems in art

• Wouter de Nooy
• Erasmus University Rotterdam
• The Netherlands

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Overview

• Reward systems and cultural production
• Mobility and dynamic prestige
• Results on the Dutch music industry
• Conclusion

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Standards and innovation
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Research design
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Roles and recruitment

• Politicians media exposure - continuity?
• Bureaucrats acquired rights and administrative
  classifications - continuity limited variation
• Entrepreneurs hits misses - little continuity
  and variation
• Innovators peer group control - selections from
  selections

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Dynamic prestige
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Data

• 737 record albums of Dutch popular music,
  1976-1980
• type debut, continuation, transition
• market position transnational,
  major/independent, other (small)
• previous hit success
• dynamic prestige in preceding year
• style specialization

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(No Transcript)
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Musical styles
From progressive rock ...
to Dutch popular.
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Results type of recruitment

• Dynamic prestige prestige attracts transitions
  in small business segment
• Style specialization no effect
• Market position largest firms have more new acts
  and fewer transitions
• Previous hits associated with transition rather
  than continuation

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Transition variables

• market position direction
• ownership
• previous hit success
• dynamic prestige direction
• style transition inside, between, or outside the
  Dutch popular segment

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Transition results

• Dynamic prestige is not a factor on its own
• Style does not constrain transitions
• Market positions do not guide transitions
• Joint ownership enhances the exchange of acts
  without hits