industrial organization

Industry Concentration and Shakeouts in the Music Industry

Economics, industrial organization, Media, Music

While papers such as Klepper (2002) and many others argue that technological innovations lead to shakeouts, Scherer (1965), Mansfield (1968, 1983), and Mueller (1967) suggest that market concentration and large firm size are only weakly associated with innovation. Alexander (1994) shows one case, the music industry, in which technological changes actually resulted in a de-concentration […]

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Labor Mobility and Industry Agglomeration in Silicon Valley

Economics, industrial organization, labor

A frequent example used in the study of industry agglomeration is the hi-tech electronics agglomeration in Silicon Valley, California. The general problem to investigate relates to what advantages either the agglomeration in itself or Silicon Valley confers to businesses that result in agglomeration. The next-largest agglomeration in the same industries, Massachusetts’ Route 128, eventually fell

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Do Psychosocial-Cognitive Factors Explain Variety in Tastes and Experience?

Economics, industrial organization, Psychology

“Variety” in one form or another can be predictive of an individual’s choice to pursue self-employment, whether it is preference for variety, actual experience of variety, or a combination of both. Variety in experiences can manifest itself in different ways. Sources of knowledge about entrepreneurship can appear in family history, among friends, in education, in

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