Mol et al. (2005) "Value chain envy: Explaining new entry and vertical integration in popular music
18 important questions on Mol et al. (2005) "Value chain envy: Explaining new entry and vertical integration in popular music
Which concepts are employed to explain new entry and vertical integration?
- Value creation
- Value capture
- Value protection
What does this paper aims to investigate?
What is the central proposition advanced in this paper?
- Higher grades + faster learning
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- 100% sure, 100% understanding
When can actors experience value chain envy and be motivated to vertically integrate into desirable stage?
What happens when actors from outside experience value chain envy?
Where depends the feasibility of both these strategic responses on?
How is value creation defined?
How is value capture defined?
On which two axes can a firm being considered as being engaged in competition?
- Horizontally
- Vertically
How can a firm horizontally being engaged in competition?
How can a firm vertically being engaged in competition?
What is mainly a horizontal activity?
What is mainly a vertical dimension of the value system?
Where does capturing value/creating value depend on?
- Buyers downstream
- Suppliers upstream
What is the outcome of the competitive processes taking place among firms with dissimilar value chains located at different stages of the value system?
Where are profits ultimately made?
When is the value system said to be out of equilibrium?
In which industry are the propositions tested?
- Prior to recorded music
- Recorded music
- Music-publishing and value chain envy
- Vertical integration and new entry in music publishing
- Digitized music
The question on the page originate from the summary of the following study material:
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