@article{LangeBuerkner2013, author = {Lange, Bastian and B{\"u}rkner, Hans-Joachim}, title = {Value creation in scene-based music production - the case of electronic club music in Germany}, series = {Economic geography}, volume = {89}, journal = {Economic geography}, number = {2}, publisher = {Wiley-Blackwell}, address = {Hoboken}, issn = {0013-0095}, doi = {10.1111/ecge.12002}, pages = {149 -- 169}, year = {2013}, abstract = {The focus of this article is on the variability of value creation in the popular music industry. Recent trends in electronic music have been based on both the valorization of global tastes and of local specialities in performance and production. Depending on musical styles and market niches, local scenes have become important forces behind heterogeneous globalocal markets. At the same time, technological change and the virtualization of music production and distribution contribute to increasingly differentiated configurations of value creation. It is therefore necessary to reconstruct theoretically and empirically the new interplay among the local music production, digital media markets, and virtual communities that are involved. On the basis of empirical explorations in a German hot spot of electronic club-music production (the city of Berlin), the article indentifies local interaction practice and constellations of stakeholders. The findings show that value creation in these rapidly changing production scenes has moved away from the large-scale distribution of producer-induced media to audience-induced live performance and interactive soundtrack production. This change involves the rising importance of cultural embeddings such as taste building, reputation building among artists and producers, and local community building. Starting from an open theoretical problematization of value creation with regard to fluid scenes and shifting modes of production, the results of first empirical reconstructions are taken as inputs to an evolving discussion on the configurations of value creation in consumer-based strands of music production.}, language = {en} } @article{SchmeissHoelzleTech2019, author = {Schmeiss, Jessica and H{\"o}lzle, Katharina and Tech, Robin P. G.}, title = {Designing Governance Mechanisms in Platform Ecosystems: Addressing the Paradox of Openness through Blockchain Technology}, series = {California Management Review}, volume = {62}, journal = {California Management Review}, number = {1}, publisher = {Sage Publ.}, address = {Thousand Oaks}, issn = {0008-1256}, doi = {10.1177/0008125619883618}, pages = {121 -- 143}, year = {2019}, abstract = {The paradox of openness is inherent to all platform ecosystems-the tension in enabling maximum openness to create joint innovation while guaranteeing value capturing for all actors. Governance mechanisms to solve this paradox are embedded into the technical architecture of the platform, addressing the dimensions of access, control, and incentives. Blockchain technology offers unique ways to design novel governance mechanisms through the standardization of interactions. However, the design of such an architecture requires careful consideration of the cost associated with it.}, language = {en} } @misc{ReuschlTiberiusFilseretal.2021, author = {Reuschl, Andreas and Tiberius, Victor and Filser, Matthias and Qiu, Yixin}, title = {Value configurations in sharing economy business models}, series = {Zweitver{\"o}ffentlichungen der Universit{\"a}t Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe}, journal = {Zweitver{\"o}ffentlichungen der Universit{\"a}t Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe}, number = {1}, issn = {1867-5808}, doi = {10.25932/publishup-60846}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-608468}, pages = {26}, year = {2021}, abstract = {The sharing economy gains momentum and develops a major economic impact on traditional markets and firms. However, only rudimentary theoretical and empirical insights exist on how sharing networks, i.e., focal firms, shared goods providers and customers, create and capture value in their sharing-based business models. We conduct a qualitative study to find key differences in sharing-based business models that are decisive for their value configurations. Our results show that (1) customization versus standardization of shared goods and (2) the centralization versus particularization of property rights over the shared goods are two important dimensions to distinguish value configurations. A second, quantitative study confirms the visibility and relevance of these dimensions to customers. We discuss strategic options for focal firms to design value configurations regarding the two dimensions to optimize value creation and value capture in sharing networks. Firms can use this two-dimensional search grid to explore untapped opportunities in the sharing economy.}, language = {en} } @article{ReuschlTiberiusFilseretal.2021, author = {Reuschl, Andreas and Tiberius, Victor and Filser, Matthias and Qiu, Yixin}, title = {Value configurations in sharing economy business models}, series = {Review of managerial science}, volume = {16}, journal = {Review of managerial science}, number = {1}, publisher = {Springer}, address = {Berlin}, issn = {1863-6683}, doi = {10.1007/s11846-020-00433-w}, pages = {89 -- 112}, year = {2021}, abstract = {The sharing economy gains momentum and develops a major economic impact on traditional markets and firms. However, only rudimentary theoretical and empirical insights exist on how sharing networks, i.e., focal firms, shared goods providers and customers, create and capture value in their sharing-based business models. We conduct a qualitative study to find key differences in sharing-based business models that are decisive for their value configurations. Our results show that (1) customization versus standardization of shared goods and (2) the centralization versus particularization of property rights over the shared goods are two important dimensions to distinguish value configurations. A second, quantitative study confirms the visibility and relevance of these dimensions to customers. We discuss strategic options for focal firms to design value configurations regarding the two dimensions to optimize value creation and value capture in sharing networks. Firms can use this two-dimensional search grid to explore untapped opportunities in the sharing economy.}, language = {en} }