BazEkon - The Main Library of the Cracow University of Economics

BazEkon home page

Main menu

Author
Salmela Erno (Lappeenranta University of Technology, Finland)
Title
Why Metallica Changed Music World - Effectuation Perspective
Source
Business and Non-profit Organizations Facing Increased Competition and Growing Customers' Demands, 2016, vol. 15, s. 153-171, rys., tab., bibliogr. 29 poz.
Keyword
Efektuacja, Przedsiębiorczość, Przemysł muzyczny, Rynek muzyczny
Effectuation, Entrepreneurship, Music industry, Music market
Note
summ.
Abstract
The purpose of this article is to understand the underlying factors why Metallica was capable of creating radical changes in the music industry and conquering the world. Metallica´s history is examined during the period of 1981-1991 when Metallica advanced from a garage band into one of the world's biggest bands. Metallica also played a remarkable role in the generation of new thrash metal genre. The effectuation theory is utilized in analyzing how this happened. This study provides knowledge on what is needed in creating this kind of success and progress. Prior to this, the effectuation theory has not been connected to the operations of any band or even other artists. (original abstract)
Full text
Show
Bibliography
Show
  1. Berlinger, J., & Sinofsky, B. (2014). Some Kind of Monster. United States.
  2. Bhide, A. (1992), Bootstrap Finance: The Art of Start-Ups. Harvard Business Review, 70 November-December, 109-117.
  3. Christiansen, R.J., & Porter, R.E. (2009). Bootstrap Business: A Step-By-Step Business Survival Guide. Wizard Academy Press.
  4. Effectuation website, available at www.effectuation.org, read on August 25th, 2014.
  5. Brannigan, P., & Winwood, I. (2013a). Birth School Metallica Death, Volume 1: The Biography. Da Capo Press.
  6. Brannigan, P., & Winwood, I. (2013b), Birth School Metallica Death, Volume 2: The Biography. Da Capo Press.
  7. Eglinton, M. (2010). James Hetfield: The Wolf at Metallica's Door. IMP Publishing: Independent Music Press.
  8. Financial Times Lexicon (2016). Retrieved from: http://lexicon.ft.com/Term?term=entrepreneurial-mindset
  9. Furr, N., & Dyer, J. (2014). The Innovator´s Method. Harvard Business Review Press.
  10. Halfin, R., Hammett, K., & Ulrich, L. (2010). The Ultimate Metallica. Chronicle Books.
  11. Lepore, S. (2015). Facing Facts: Artists Have to be Entrepreneurs. Retrieved from http://howlround.com/facing-facts-artists-have-to-be-entrepreneurs
  12. Leppänen, O. (2013). Liiketoimintasuunnitelma roskakoriin. Tammi.
  13. List of best-selling music artists. (2016). Retrieved from https://en.wikipedia.org/wiki/List_of_best-selling_music_artists.
  14. McGrath, R.G., & MacMillan, I. (2000). The Entrepreneurial Mindset: Strategies for Continuously Creating Opportunity in an Age of Uncertainty. Harvard Business Press.
  15. McIver, J., & Hammett, K. (2011). To live is to die. The life and death of Metallica´s Cliff Burton. Jawbone.
  16. McIver, J. (2009). Justice for All: The Truth about Metallica. Omnibus Press.
  17. Metallica Album Sales Statistics. (2016). Retrieved from: www.statisticbrain.com/metallica-album-sales-statistics/
  18. Nienhuis, M.D. (2010). Effectuation and Causation: The Effect of Entrepreneurial Logic on Incubated Start-up Performance. The predictive value of effectuation in business plans. Master's Thesis. The Netherlands: University of Twente.
  19. Read, S., Sarasvathy, S., Dew, N., Wiltbank, R., & Ohlsson, A.-V. (2010). Effectual Entrepreneurship. Routledge.
  20. Ries, E. (2011). The Lean Startup: How Constant Innovation Creates Radically Successful Businesses. Penguin Books Limited.
  21. Rojas, J. (2010). The art of the bootstrap. Retrieved from http://venturebeat.com/2008/11/20/the-art-of-the-bootstrap/
  22. Sarasvathy, S.D. (2001). Causation and Effectuation: Toward a theoretical shift from economic inevitability to entrepreneurial contingency. Academy of Management Review, 26(2), 243-263.
  23. Sarasvathy, S. (2009). Effectuation: Elements of Entrepreneurial Expertise. Edward Elgar Publishing.
  24. Schumpeter, J. A. (1976). Capitalism, Socialism and Democracy/. Routledge.
  25. Sims, P. (2011). Little Bets: How Breakthrough Ideas Emerge from Small Discoveries. Free Press.
  26. Spicer, W., & Moore, J. (2012). Mission to Lars. United Kingdom.
  27. Sveningsson, S., & Alvesson, M. (2003), Managing managerial identities: organizational fragmentation, discourse and identity struggle. Human Relations, 56(10), 1163-1193.
  28. Wall, M. (2011). Enter Night: A Biography of Metallica. St. Martin's Press.
  29. Wikipedia about Metallica. (2015). Retrieved from en.m.wikipedia.org/wiki/Metallica
Cited by
Show
ISSN
2543-540X
Language
eng
Share on Facebook Share on Twitter Share on Google+ Share on Pinterest Share on LinkedIn Wyślij znajomemu