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To explain the logic of these arrangements, the author draws on the analytical resources of industrial economics and the theory of contracts. He addresses the winner-take-all character of many creative activities that brings wealth and renown to some artists while dooming others to frustration; why the "option" form of contract is so prevalent; and why even savvy producers get sucked into making "ten-ton turkeys" such as "Heaven's Gate".
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Creative Industries, Richard E. Caves, Richard E. Caves, Richard E. Caves
- Language
- Released
- 2002
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- Title
- Creative Industries
- Language
- English
- Publisher
- Harvard University Press
- Publisher
- 2002
- Format
- Paperback
- ISBN10
- 0674008081
- ISBN13
- 9780674008083
- Category
- Business and Economics, Other textbooks
- Description
- To explain the logic of these arrangements, the author draws on the analytical resources of industrial economics and the theory of contracts. He addresses the winner-take-all character of many creative activities that brings wealth and renown to some artists while dooming others to frustration; why the "option" form of contract is so prevalent; and why even savvy producers get sucked into making "ten-ton turkeys" such as "Heaven's Gate".