MISRC Researchers Nominated for "Best Paper Award" at 2005 Hawaii International Conference on Systems Science

MISRC Researchers Nominated for “Best Paper Award”
at 2005 Hawaii International Conference on Systems Science for New Research on Changing Market Structure in the Digital Music Industry

---

In October 2004, Information and Decision Science 2nd year doctoral student, Jesse Bockstedt, was nominated for a “best paper award” at the January 2005 Hawaii International Conference on Systems Science, in the Internet and Digital Economy Track. The paper, entitled “The Move to Artist-Led Music Distribution: An Analysis of the Changing Industry Structure of the Digital Music Industry,” is co-authored with MISRC Director, Rob Kauffman, and Assistant Professor, Fred Riggins. The research grew out of a collaboration that was begun in the context of two linked doctoral courses on “Economics and Information Systems” in the Information and Decision Sciences Doctoral Program during Spring 2004.

The authors analyze the extent to which information technology is transforming the value chain and market structure of the music industry. They found that the production process for music in digital format changes the incentives of artists to increasingly consider creating and distributing music on their own. As a result, the role of music labels as “producers of music” has changed dramatically, as their position in the music industry value chain weakens.

Click here to view the Working Paper abstract (MISRC WP 4-22)