Abstract

Belonging to a contrasting market category provides legitimacy spillovers and improves the appeal of a producer. Besides improving the average performance of its members, contrast allows disentangling their differential quality, ultimately increasing the variance of their performance. These effects should hold especially true for specialist organizations “C i.e., fully dedicated members of a category. Nonetheless, the disciplinary mechanism of contrast is challenged by the existence of partial membership and of diffused straddling among the members of a category. Which alternative disciplinary mechanism may be at work in such cases? Here we propose that category coherence “C i.e., the recombination of coherent categories among the members of a category “C is a possible answer to this question. The effects of category coherence are advanced with respect to the mean and the variance of the performance of category members and its consequences postulated to be stronger with increasing number of prior violations. The mechanisms of contrast and coherence are juxtaposed in the context of the Hong Kong film industry during the period 1975–1997.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.