IDEAS home Printed from https://ideas.repec.org/p/cbr/cbrwps/wp360.html

No 'Third Way' for Economic Organizations? Networks and Quasi-Markets in Broadcasting

Author

Listed:
  • Simon Deakin
  • Ana Lourenço
  • Stephen Pratten

Abstract

We present two linked, longitudinal case studies of the use of quasi markets in UK broadcasting over the past decade: one looks at the regulated outsourcing of programme making to independent producers, the other at the development of an internal market system within the BBC. New network forms are shown to have arisen from the interaction of legal regulation, contracts, and property rights. However, these organizational forms are also seen to be associated with increased transaction costs and with signs of deterioration in programme quality and innovation. We suggest that for such networks to be a viable 'third way' between markets and hierarchy, closer attention needs to be given to the issue of institutional design.

Suggested Citation

  • Simon Deakin & Ana Lourenço & Stephen Pratten, 2008. "No 'Third Way' for Economic Organizations? Networks and Quasi-Markets in Broadcasting," Working Papers wp360, Centre for Business Research, University of Cambridge.
    • Handle: RePEc:cbr:cbrwps:wp360
    Note: PRO-2
    as

    Download full text from publisher

    File URL: https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp360.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Jorg Sydow & Udo Staber, 2002. "The Institutional Embeddedness of Project Networks: The Case of Content Production in German Television," Regional Studies, Taylor & Francis Journals, vol. 36(3), pages 215-227.
    2. Ken Starkey & Christopher Barnatt & Sue Tempest, 2000. "Beyond Networks and Hierarchies: Latent Organizations in the U.K. Television Industry," Organization Science, INFORMS, vol. 11(3), pages 299-305, June.
    3. Joseph Lampel & Jamal Shamsie, 2003. "Capabilities in Motion: New Organizational Forms and the Reshaping of the Hollywood Movie Industry," Journal of Management Studies, Wiley Blackwell, vol. 40(8), pages 2189-2210, December.
    4. Le Grand, Julian, 2003. "Motivation, Agency, and Public Policy: Of Knights and Knaves, Pawns and Queens," OUP Catalogue, Oxford University Press, number 9780199266999.
    5. Simon Deakin & Stephen Pratten, 1999. "Reinventing the Market? Competition and Regulatory Change in Broadcasting," Working Papers wp134, Centre for Business Research, University of Cambridge.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. is not listed on IDEAS
    2. Albert Jolink & Eva Niesten, 2012. "Hybrid Governance," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 12, Edward Elgar Publishing.
    3. Simon Turner, 2013. "Absorptive Capacity: The Role of Communities of Practice," Working Papers wp444, Centre for Business Research, University of Cambridge.
    4. Turner, S. & Lourenço, A., 2010. "Competition and Public Service Broadcasting: Stimulating Creativity or servicing Capital?," Working Papers wp408, Centre for Business Research, University of Cambridge.
    5. Paola Savini, 2015. "Lineamenti di analisi socio-economica per le policy comunitarie sulla produzione audiovisiva," PRISMA Economia - Societ? - Lavoro, FrancoAngeli Editore, vol. 2015(1), pages 206-222.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lars Frederiksen & Silvia Rita Sedita, 2005. "Embodied Knowledge Transfer Comparing inter-firm labor mobility in the music industry and manufacturing industries," DRUID Working Papers 05-14, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    2. Manning, Stephan, 2017. "The rise of project network organizations: Building core teams and flexible partner pools for interorganizational projects," Research Policy, Elsevier, vol. 46(8), pages 1399-1415.
    3. Wu, Yuanyuan & Wu, Shikui, 2016. "Managing ambidexterity in creative industries: A survey," Journal of Business Research, Elsevier, vol. 69(7), pages 2388-2396.
    4. G Grabher, 2002. "Fragile Sector, Robust Practice: Project Ecologies in New Media," Environment and Planning A, , vol. 34(11), pages 1911-1926, November.
    5. Mark Lorenzen & Lars Frederiksen, 2005. "On the Economics of Innovation Projects Product Experimentation in the Music Industry," DRUID Working Papers 05-23, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    6. Josse Delfgaauw & Robert Dur, 2008. "Incentives and Workers' Motivation in the Public Sector," Economic Journal, Royal Economic Society, vol. 118(525), pages 171-191, January.
    7. Pascual Saez, Marta & Cantarero Prieto, David, 2013. "Understanding Health Economics: A Review of Efficiency, Equity and Inequalities Studies /Entendiendo la Economía de la Salud: Una revisión de los estudios sobre eficiencia, equidad y desigualdades," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 31, pages 281-302, Septiembr.
    8. Bruno S. Frey & Alois Stutzer, 2006. "Environmental Morale and Motivation," CREMA Working Paper Series 2006-17, Center for Research in Economics, Management and the Arts (CREMA).
    9. Dolfsma, W.A., 2006. "IPRs, Technological Development, and Economic Development," ERIM Report Series Research in Management ERS-2006-004-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    10. Fiorenza Belussi & Silvia Rita Sedita, 2006. "The Management of Events in the Veneto Performing Music Cluster: Bridging Latent and Permanent Organisations," "Marco Fanno" Working Papers 0028, Dipartimento di Scienze Economiche "Marco Fanno".
    11. Kotani, Koji & Messer, Kent D. & Schulze, William D., 2010. "Matching Grants and Charitable Giving: Why People Sometimes Provide a Helping Hand to Fund Environmental Goods," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 39(2), pages 1-20, April.
    12. Charles Sabel & Eduardo Fernandez-Arias & Ricardo Hausmann & Andres Rodriguez-Clare & Ernesto H. Stein, 2012. "Export Pioneers in Latin America," Research Department Publications 4769, Inter-American Development Bank, Research Department.
    13. Giuseppe Delmestri & Fabrizio Montanari & Alessandro Usai, 2005. "Reputation and Strength of Ties in Predicting Commercial Success and Artistic Merit of Independents in the Italian Feature Film Industry," Journal of Management Studies, Wiley Blackwell, vol. 42(5), pages 975-1002, July.
    14. Barr, Abigail & Lindelow, Magnus & Serneels, Pieter, 2010. "Corrigendum to "Corruption in public service delivery: An experimental analysis" [J. Econ. Behav. Organ. 72 (1) (2009) 225-239]," Journal of Economic Behavior & Organization, Elsevier, vol. 73(2), pages 294-296, February.
    15. Joan Costa-Font, 2011. "Insurance Crowding Out and Long-Term Care Partnerships," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 9(2), pages 52-54, 07.
    16. Hernández-Pizarro, Helena M. & Nicodemo, Catia & Casasnovas, Guillem López, 2020. "Discontinuous system of allowances: The response of prosocial health-care professionals," Journal of Public Economics, Elsevier, vol. 190(C).
    17. Ana Lourenço, 2013. "In memoriam of Professor Ronald Coase," Working Papers de Economia (Economics Working Papers) 06, Católica Porto Business School, Universidade Católica Portuguesa.
    18. Piotr Rogala & Bartosz Bartniczak & Tomasz Brzozowski & Marta Kusterka-Jefmańska & Marta Moczulska & Agnieszka Panasiewicz & Adam Płachciak & Sabina Zaremba-Warnke, 2023. "The role of justice in development of temporary teams: Evidence from the high-tech industry," Nowoczesne Systemy Zarządzania. Modern Management Systems, Military University of Technology, Faculty of Security, Logistics and Management, Institute of Organization and Management, issue 4, pages 69-88.
    19. Joan Costa-Font & Mireia Jofre-Bonet & Steven T. Yen, 2013. "Not All Incentives Wash Out the Warm Glow: The Case of Blood Donation Revisited," Kyklos, Wiley Blackwell, vol. 66(4), pages 529-551, November.
    20. Charles Sabel & Gabriel Sánchez & Inés Butler & Ricardo Rozemberg & Hernán Ruffo & María Angélica Arbeláez & Marcela Meléndez Arjona & Nicolás León & Angela da Rocha & Beatriz Kury & Joana Monteiro & , 2012. "Export Pioneers in Latin America," IDB Publications (Books), Inter-American Development Bank, number 66138 edited by Charles Sabel & Eduardo Fernández-Arias & Ricardo Hausmann & Andrés Rodríguez-Clare & Ernesto H. Ste, February.

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbr:cbrwps:wp360. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ruth Newman (email available below). General contact details of provider: http://www.jbs.cam.ac.uk .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.