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Finance, Policy and Industrial Dynamics—The Rise of Co-productions in the Film Industry


  • Norbert Morawetz
  • Jane Hardy
  • Colin Haslam
  • Keith Randle


This paper explores the growing phenomenon of international co-productions in the film industry. We argue that the rise of co-productions is part of a wider narrative of financial and institutional innovation shaping industrial organization in the film industry. This narrative centres on film finance as a central risk distribution mechanism, and discusses how changes in film support policy, increased tax competition, the search for finance and an abundance of inflowing capital are increasingly driving industrial dynamics in the film industry.

Suggested Citation

  • Norbert Morawetz & Jane Hardy & Colin Haslam & Keith Randle, 2007. "Finance, Policy and Industrial Dynamics—The Rise of Co-productions in the Film Industry," Industry and Innovation, Taylor & Francis Journals, vol. 14(4), pages 421-443.
  • Handle: RePEc:taf:indinn:v:14:y:2007:i:4:p:421-443
    DOI: 10.1080/13662710701524072

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    References listed on IDEAS

    1. V.A. Ginsburgh & D. Throsby (ed.), 2006. "Handbook of the Economics of Art and Culture," Handbook of the Economics of Art and Culture, Elsevier, edition 1, volume 1, number 1, December.
    2. Victor Ginsburgh & David Throsby, 2006. "Handbook of the Eonomics of Art and Culture," ULB Institutional Repository 2013/152412, ULB -- Universite Libre de Bruxelles.
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