A prelude to cultural industries and the production of culture

Abstract

Since the early 1980s, a so-called new economy has steadily risen to prominence as a focus of employment and output growth in virtually all the major capitalist societies. This new economy is represented primarily by sectors such as hightechnology manufacturing, neo-artisanal consumer products and diverse services, all of which have a propensity to take organizational shape as complex value-added networks. The operating features of these networks rest on their doubly-faceted character as congeries of many small firms together with more restricted cohorts of large establishments, the latter, more often than not, forming units within even larger corporate conglomerates. At the same time, these networks are much given to high levels of organizational and technological flexibility, transactions-intensive inter-firm relations and the production of design-intensive outputs.

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