Jörg Claussen, Ph.D.

Post-Doctoral Researcher, Department of Innovation and Organizational Economics, Copenhagen Business School

Programm

• Datum: 29.11.2012
  Zeit: 14:00 - 15:30
  Ort: Schackst. 4, Raum 307
  
  Uncertainty and the Value of Commitment and Flexibility
  
  Firms producing composite products face a trade off between the benefits of flexibility from sourcing components externally and the benefits of commitment from joint internal development of components. We study this trade off in a simulation model by varying the degree of complexity within and between the product components and the degree of environmental turbulence. The effect of complexity depends on whether complexity is within a component or at the interface between components. Specifically, interface complexity favors integrated solutions while component complexity favors non-integration. For turbulence, we find a nonlinear effect as moderate turbulence makes integration more attractive by offsetting some of the pitfalls of commitment to a single solution, while high turbulence increases the attractiveness of non-integration. We specifically discuss the empirical implications of these results.
  
• Datum: 04.12.2012Zeit: 18:00 - 19:30Ort: Schackst. 4, Raum 307
  
  On the Road Again: The Effect of Live Performances on Artist Popularity
  
  Many factors may explain a musician's popularity, e.g. talent, promotional activities, word of mouth etc. While most research has focused on the importance of promotion, no academic work so far has explicitly tackled the impact of live performances on artist popularity. We aim at filling this gap by using a large and rich dataset from the popular online music service last.fm. Micro-level observations of cancelled concerts allow us to exploit a unique experiment-like setting to study the causal impact of exposure to live performances on the attendees' listening behavior. We find that even long after giving a concert, artists still enjoy a considerable increase in music plays. This represents the first empirical evidence of a positive and lasting effect of live performances on artists' popularity.