Papers by Joeri Mol
Dit proefschrift stelt dat de onzekerheid omtrent waarde, en omtrent hoe die waarde vastgesteld w... more Dit proefschrift stelt dat de onzekerheid omtrent waarde, en omtrent hoe die waarde vastgesteld wordt op markten, sturend is voor het economische gedrag van producenten en consumenten. In de meeste traditionele economische modellen, zoals nog op middelbare scholen onderwezen, worden consumenten en producenten vaak gerepresenteerd als louter omhulsels van consumentenpreferenties en productiefuncties; zij worden door de markt naar een optimale evenwichtsuitkomst gevoerd. In verder uitgewerkte vormen van deze modellen kunnen producenten ook allerlei vormen van strategisch gedrag vertonen, bijvoorbeeld door beslag te leggen op schaarse productiemiddelen of door samen te spannen als oligopolisten, maar hun strategisch gedrag wordt zelden of nooit in verband gebracht met het proces van waardebepaling als zodanig. En ook in deze modellen blijft de consument veelal de passieve en onderbelichte partner in het marktproces. In dit proefschrift wordt juist nader ingegaan op de betekenis van de ...
Creativity and innovation are central to cultural production, but what makes certain producers mo... more Creativity and innovation are central to cultural production, but what makes certain producers more likely to innovate than others? We revisit the concept of embeddedness to evaluate how different dimensions of social structure affect the production of novelty in music. Using original data on over 10,000 unique artists and 115,000 songs recorded and released between 1960 and 1995, we estimate how musicians' social, cultural, organizational, and geographic embeddedness affects their propensity to create novel products. Results from a series of Relational Event Models (REM's) suggest that artists who are highly culturally and geographically connected are more likely to create novel songs, especially when they span multiple genres, are women, or are in the early stages of their careers. Surprisingly, variations in social and organizational embeddedness do not significantly influence this outcome. These findings produce new insights into the production of novelty in music, and encourage us to further examine the multiplexity of embeddedness and its role in organizing innovation.
We introduce a new statistical method – multilevel diffusion curves – to model how multiple innov... more We introduce a new statistical method – multilevel diffusion curves – to model how multiple innovations spread through an industry. Specifically, we analyze when radio stations begin broadcasting 534 pop singles. Ordinarily radio stations imitate one another, an endogenous process producing a characteristic "s-curve." However, payola can dwarf this process and produce a characteristic negative exponential curve, controlling for the song artist's number of successful songs in the past year. Therefore the shape of a song's cumulative adoption function indicates whether its rise involved corruption. We validate this heuristic against a panel of songs with a documented history of payola and a comparable set of songs with no such allegations. Compared to earlier methods, multilevel diffusion curves allow testing of more types of hypotheses, model a greater range of data, and are statistically more efficient and precise.
Competition, Selection and Rock and Roll: The Economics of Payola and Authenticity
Journal of Economic Issues, 2007
... Cambridge. Cambridge University Press, 1995. Mol, Joeri M., Wijnberg, Nachoem M. and CharlesC... more ... Cambridge. Cambridge University Press, 1995. Mol, Joeri M., Wijnberg, Nachoem M. and CharlesCarroll. “Value Chain Envy: Explaining New Entry and Vertical Integration in Popular Music.” Journal of Management Studies 42, 2 (2005): 251-276. Nelson, Phillip. ...
Love Me Tender: new entry in popular music
Journal of Organizational Change Management, 2012
PurposeThe purpose of this paper is to investigate new entry as a process of organizational chang... more PurposeThe purpose of this paper is to investigate new entry as a process of organizational change against the background of the digital revolution in the music industry.Design/methodology/approachThe study analyzes questionnaire data gathered from 131 companies active in the Dutch music industry that collectively engaged in 215 new entries in the wake of the introduction of new information and communication technologies.FindingsThe most salient finding concerns a strong positive relationship between financial performance and having access to the dominant set of institutional gatekeepers, i.e. radio DJs.Originality/valueThis investigation prompts rethinking the concept of new entry, highlighting the importance of the institutional context in which it takes place. Beyond entry modes and new entry motivations, special consideration is given to specific resources that grant new entrants access to institutional gatekeepers because they are key predictors of performance upon new entry.
Journal of Management Studies, 2005
Take-down policy If you believe that this document breaches copyright please contact us providing... more Take-down policy If you believe that this document breaches copyright please contact us providing details, and we will remove access to the work immediately and investigate your claim.
British Journal of Management, 2010
Examining the relationship between the competitive processes between and within organizations, we... more Examining the relationship between the competitive processes between and within organizations, we use selection system theory to link resource value to product value. We identify three dimensions (in-selection, before-selection and after-selection) that facilitate determining the value of resources based on the functions they serve in the competitive process between organizations in the product market, i.e. the external selection system. Subsequently, we use these dimensions to explore the competitive process among resource providers within organizations, i.e. the internal selection system. This leads us to formulate three propositions that link the competitive process within organizations to the competitive process between organizations. First, we posit that if resources that individually score highly along only one of the three dimensions are bundled, it is more likely that organizational performance can be sustained. Second, we argue that providers of resources scoring highly along multiple dimensions will enjoy stronger means of appropriation in comparison with providers of resources scoring highly along only one of the three dimensions. Third, we contend that the extent to which an organization endeavours to remunerate its resource providers based on their perceived contribution to the organization's competitive position has a curvilinear (inverted U-shaped) relationship with organizational performance.
The wicked problem of climate change and interdisciplinary research: Tracking management scholarship's contribution
Journal of Management & Organization, 2020
Taking urgent action to combat climate change is a pivotal Sustainable Development Goal (SDG). Si... more Taking urgent action to combat climate change is a pivotal Sustainable Development Goal (SDG). Since it is closely intertwined with the other 16 goals, it is frequently characterized as a ‘wicked problem par excellence.’ Interdisciplinary research, i.e., research crossing disciplinary boundaries, offers promise for grappling with wicked problems, but also entails significant challenges to researchers. In this study, we use bibliometric methods to understand how management scholars have, over the course of four decades, straddled disciplinary boundaries and what impact their efforts have had on top-tier climate change research appearing in Science and Nature. We find that management scholarship on climate change (1) has grown significantly since the mid-2000s, (2) features substantial engagement with an interdisciplinary knowledge base, and (3) fails to attract the attention of climate change research within top-tier interdisciplinary journals. We discuss these findings with referenc...
Social Networks, 2013
Network research focuses on patterns of stable relationships, where stability represents the unfo... more Network research focuses on patterns of stable relationships, where stability represents the unfolding of social processes over long time frames. We argue that social interactions exhibit important regularities in different time frames (short and long-term), reflecting distinct social processes. We illustrate the value of this distinction through a comparative case study of technology-mediated communication within two project teams in a digital marketing agency. We examine how the embedding of interpersonal interactions in processes of reciprocity and closure over different time horizons enables the emergence of cohesion in the face of constant compositional changes. We propose that the time frames in which stable patterns of interactions develop is key to understanding the nature of the underlying social processes, with short-term patterns of closure and reciprocity representing adaptation to change while longer-term patterns indicate cohesion. Our results are supportive of this argument and show that the two teams exhibit the same regularities in interactions but across different time horizons. We discuss the implication of our findings and argue that distinguishing between short-term and long-term stability of social networks offers a novel and promising avenue for network research. the short-term independently of long-term processes. A key implication of this result is that the dynamics of teamwork cannot be assumed to be captured by long-term patterns of interactions alone. So while team performance has been shown to depend on features of network structures that are stable in the long-term (e.g., Balkundi and Harrison, 2006; Cummings and Cross, 2003; Sparrowe et al., 2001), it may also be determined by the capacity of team members to establish stability for various social processes across different time frames. Moreover, whether or not network structures can be optimized to enhance performance may not only rely on the identification of particular effective structural patterns, but may also require an understanding of how a given structural pattern occurring over different time frames can be indicative of different social processes. For instance, our results suggest that closure in the short-term indicates a team's capacity to respond quickly and flexibly to ad-hoc demands through the rapid coordination of tasks, but it is also indispensable in the long-term as it reveals group cohesion. Yet, the specific mechanisms that underlie the dispersion of these social and organizational processes across different time frames remain open for investigation.
Academy of Management Proceedings, 2013
Network researchers typically focus on patterns of stable relationships, where stability represen... more Network researchers typically focus on patterns of stable relationships, where stability represents the unfolding of social processes over long time frames. By contrast, we argue and empirically demonstrate that social interactions exhibit regularities across different time frames (short and long-term), reflecting distinct social processes.
Modeling Diffusion of Many Innovations via Multilevel Diffusion Curves: Payola in Pop Music Radio
California Center For Population Research, Dec 1, 2006
Network researchers typically focus on patterns of stable relationships, where stability represen... more Network researchers typically focus on patterns of stable relationships, where stability represents the unfolding of social processes over long time frames. By contrast, we argue and empirically demonstrate that social interactions exhibit regularities across different time frames (short and long-term), reflecting distinct social processes.
Sociological Methodology, 2008
We introduce a new statistical method -multilevel diffusion curves -to model how multiple innovat... more We introduce a new statistical method -multilevel diffusion curves -to model how multiple innovations spread through an industry. Specifically, we analyze when radio stations begin broadcasting 534 pop singles. Ordinarily radio stations imitate one another, an endogenous process producing a characteristic "s-curve." However, payola can dwarf this process and produce a characteristic negative exponential curve, controlling for the song artist's number of successful songs in the past year. Therefore the shape of a song's cumulative adoption function indicates whether its rise involved corruption. We validate this heuristic against a panel of songs with a documented history of payola and a comparable set of songs with no such allegations. Compared to earlier methods, multilevel diffusion curves allow testing of more types of hypotheses, model a greater range of data, and are statistically more efficient and precise.
Social Networks, 2013
Network research focuses on patterns of stable relationships, where stability represents the unfo... more Network research focuses on patterns of stable relationships, where stability represents the unfolding of social processes over long time frames. We argue that social interactions exhibit important regularities in different time frames (short and long-term), reflecting distinct social processes. We illustrate the value of this distinction through a comparative case study of technology-mediated communication within two project teams in a digital marketing agency. We examine how the embedding of interpersonal interactions in processes of reciprocity and closure over different time horizons enables the emergence of cohesion in the face of constant compositional changes. We propose that the time frames in which stable patterns of interactions develop is key to understanding the nature of the underlying social processes, with short-term patterns of closure and reciprocity representing adaptation to change while longer-term patterns indicate cohesion. Our results are supportive of this argument and show that the two teams exhibit the same regularities in interactions but across different time horizons. We discuss the implication of our findings and argue that distinguishing between short-term and long-term stability of social networks offers a novel and promising avenue for network research. the short-term independently of long-term processes. A key implication of this result is that the dynamics of teamwork cannot be assumed to be captured by long-term patterns of interactions alone. So while team performance has been shown to depend on features of network structures that are stable in the long-term (e.g., Balkundi and Harrison, 2006; Cummings and Cross, 2003; Sparrowe et al., 2001), it may also be determined by the capacity of team members to establish stability for various social processes across different time frames. Moreover, whether or not network structures can be optimized to enhance performance may not only rely on the identification of particular effective structural patterns, but may also require an understanding of how a given structural pattern occurring over different time frames can be indicative of different social processes. For instance, our results suggest that closure in the short-term indicates a team's capacity to respond quickly and flexibly to ad-hoc demands through the rapid coordination of tasks, but it is also indispensable in the long-term as it reveals group cohesion. Yet, the specific mechanisms that underlie the dispersion of these social and organizational processes across different time frames remain open for investigation.
Non-representational marketing theory
Marketing Theory, 2014
ABSTRACT
Journal of Organizational Change Management, 2012
Purpose -The purpose of this paper is to investigate new entry as a process of organizational cha... more Purpose -The purpose of this paper is to investigate new entry as a process of organizational change against the background of the digital revolution in the music industry. Design/methodology/approach -The study analyzes questionnaire data gathered from 131 companies active in the Dutch music industry that collectively engaged in 215 new entries in the wake of the introduction of new information and communication technologies. Findings -The most salient finding concerns a strong positive relationship between financial performance and having access to the dominant set of institutional gatekeepers, i.e. radio DJs. Originality/value -This investigation prompts rethinking the concept of new entry, highlighting the importance of the institutional context in which it takes place. Beyond entry modes and new entry motivations, special consideration is given to specific resources that grant new entrants access to institutional gatekeepers because they are key predictors of performance upon new entry.
Journal of Management Studies, 2005
British Journal of Management, 2011
Examining the relationship between the competitive processes between and within organizations, we... more Examining the relationship between the competitive processes between and within organizations, we use selection system theory to link resource value to product value. We identify three dimensions (in-selection, before-selection and after-selection) that facilitate determining the value of resources based on the functions they serve in the competitive process between organizations in the product market, i.e. the external selection system. Subsequently, we use these dimensions to explore the competitive process among resource providers within organizations, i.e. the internal selection system. This leads us to formulate three propositions that link the competitive process within organizations to the competitive process between organizations. First, we posit that if resources that individually score highly along only one of the three dimensions are bundled, it is more likely that organizational performance can be sustained. Second, we argue that providers of resources scoring highly along multiple dimensions will enjoy stronger means of appropriation in comparison with providers of resources scoring highly along only one of the three dimensions. Third, we contend that the extent to which an organization endeavours to remunerate its resource providers based on their perceived contribution to the organization's competitive position has a curvilinear (inverted U-shaped) relationship with organizational performance.
Journal Papers by Joeri Mol
Squaring the speed of light? Regulating market access in algorithmic finance
We examine the sociomaterial regulation of algorithmic trading against the back- ground of the Eu... more We examine the sociomaterial regulation of algorithmic trading against the back- ground of the European Union’s directives on Markets in Financial Instruments (MiFID/MiFIR). Tracing the purification and translation of regulatory practices within a French brokerage firm, we examine the impact of electronic trading on the nature of market access. Central to our analysis is the ‘Blackbox’, a tool designed to manage market access efficiently by collating trade flows and auto- matically pairing them with trading algorithms. Our findings show that, through a process of ‘abstracting’, purification and translation are kept strictly separate, allowing the broker to meet the regulatory requirements de jure whilst retaining de facto the unregulated advantages of high-speed materiality. We discuss the implications for both the policy and practice of high-speed financial trading.
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Papers by Joeri Mol
Journal Papers by Joeri Mol