Co-evolution between streaming and live music leads a way to the sustainable growth of music industry – Lessons from the US experiences

Naveed, Kashif; Watanabe, Chihiro; Neittaanmäki, Pekka

doi:10.1016/j.techsoc.2017.03.005

Cited by 71 publications

(57 citation statements)

References 21 publications

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“…Contrary to re-gaining popularity of p-books, sales volume and subsequent sales revenues increase in e-books have stagnated. This "renaissance" of p-books remind us of the resurgence of the US music industry initiated by the "renaissance" of live music by assimilating digital innovation initiated by digital music (Naveed et al, 2017). Inspired by this noting "renaissance" in p-books, Fig.…”

Section: Sources: Nielsen Bookscan Us/pub Track Digital Usmentioning

confidence: 89%

“…This change demonstrates one of the institutional source of p-books "renaissance" similar to that of live music in the US music industry (Naveed et al, 2017). People preference shift from excessive e-books and e-commerce trend, Amazon opened its first brick and mortar bookstore in 2015 and it is planning to open 300-400 new bookstores (Lavecchia, et al, 2016).…”

Section: Customer's Buying Behaviormentioning

confidence: 99%

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Transformation of the Forest-based Bioeconomy by Embracing Digital Solutions

Watanabe

Naveed

et al. 2017

JTMGE

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This paper attempts to explore a new insight to both industrialized and growing economies by demonstrating a digital-driven creative disruption in the forest-based bioeconomy which is beginning to replace its conventional and narrow concept of a forest-blinded economy. Notwithstanding the potential broad cross-sectoral benefits to both industrialized and growing economies, natural environments and locality constraints and the incessant challenge of distance have impeded balanced development of this economy. However, driven by digital solutions the economy has taken big steps forward in recent years. Digitalization has enabled real-time end-to-end supply chain visibility, improved delivery accuracy, stock level optimization and alignment with demand planning. These have led to digital ecosystem collaboration and a transparency crossover industrialized and growing economies worldwide. Thus, creative disruptive platform has emerged by embracing digital solutions. By means of an empirical analysis focusing on the noteworthy business activities at the forefront of both upstream and downstream of the chain, this paper demonstrates a transforming stream observed in the forefront of a forest-based bioeconomy chain. This research thus explores a new insight common to both industrialized and growing economies in constructing a creative disruption platform by embracing digital solutions.

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Section: Sources: Nielsen Bookscan Us/pub Track Digital Usmentioning

confidence: 89%

Section: Customer's Buying Behaviormentioning

confidence: 99%

Transformation of the Forest-based Bioeconomy by Embracing Digital Solutions

Watanabe

Naveed

et al. 2017

JTMGE

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“…Since effective utilization of these soft innovation resources activate self-propagating function indigenous to ICT (Watanabe, 2013. Watanabe et al, 2016b, 2017b, 2017cNaveed et al, 2017), this utilization induces functionality development leading to developing supra-functionality beyond economic value without depending on R&D investment increase.…”

Section: Fig 16 Activation Of Self-propagating Function By Means Ofmentioning

confidence: 99%

A new paradox of the digital economy - Structural sources of the limitation of GDP statistics

Watanabe

Tou

Neittaanmäki

2018

Technology in Society

Self Cite

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The Internet has dramatically changed the way we conduct business and our daily lives by provided us with unprecedented services and conveniences. However, contrary to such accomplishments, productivity in industrialized countries is now experiences an apparent decline. This has raised the question of a possible productivity paradox in the digital economy. The limitation of GDP statistics in measuring the advancement of the digital economy has thus become an important subject. This paper analyzed the structural sources of this problem. Utilizing the results of empirical analyses of national, industrial, and individual behavior in the digital economy, solutions to these critical issues were investigated. Based on the two-faced nature of information and communication technology (ICT) and the fact that people's preferences extend beyond economic value, the concept of uncaptured GDP was postulated and spinoff dynamism to a new co-evolution among advancement of the Internet, increasing dependence on uncaptured GDP, and a shift in people's preferences was reviewed. This provided new insight and suggested a transformative direction to address the limitation of using GDP statistics in the digital economy.

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“…Among all the components of the music industry, 'distribution' is one of the most important areas in terms of revenue generation in developed societies [9][10][11][12]. The digital distribution of music has brought new opportunities for artists, enabling them to be independent from legacy labels.…”

Section: Introductionmentioning

confidence: 99%

Media Innovation Strategies for Sustaining Competitive Advantage: Evidence from Music Download Stores in Iran

Omidi

Zotto

Norouzi³

et al. 2020

Sustainability

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This study explores the value of media innovation strategies for driving business success within the Iranian e-market of music downloads. It argues that the context of music e-markets in emerging countries differs markedly from that of developed economies by highlighting the political and cultural challenges that local e-music platforms in Iran are continuously facing. As literature is scarce in this specific area, and this study is one of the first attempting to gain a comprehensive understanding, a qualitative approach has been applied, and 14 digital music industry experts were interviewed in Iran. Data were collected through semi-structured face-to-face interviews and then analyzed with a qualitative coding approach. This paper revealed that issues such as copyright challenges and governmental permission barriers are limiting the capabilities of digital music distributors to reach a sustainable competitive advantage.

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Co-evolution between streaming and live music leads a way to the sustainable growth of music industry – Lessons from the US experiences

Abstract: Co-evolution between streaming and live music leads a way to the sustainable growth of music industry-Lessons from the US experiences,

Cited by 71 publications

References 21 publications

Transformation of the Forest-based Bioeconomy by Embracing Digital Solutions

Transformation of the Forest-based Bioeconomy by Embracing Digital Solutions

A new paradox of the digital economy - Structural sources of the limitation of GDP statistics

Media Innovation Strategies for Sustaining Competitive Advantage: Evidence from Music Download Stores in Iran

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