The art markets

Project: Research

Project participants

Description

The research follows two directions:

1) Mapping the regional art and cultural scenes.
A first piece provides a socio-economic analysis of the region that puts a focus on the inclusion of cultural actors and networks of any artistic discipline.

2) Drawing a geography of art. Pattern of success in the regional German art markets.
The second piece focuses on the process of globalization of the art market.

The effort of a detailed socio-economic analysis – the first part of the research project - is supposed to uncover the degree of involvement of artists and cultural actors into the local value creation and allows an understanding of the artistic value creation itself, its opportunities and constraints.

The aim of the paper on the patterns of success in the regional German art markets is twofold: On the one hand, authors want to provide the antecedents of the internationalization of artists and, on the other hand, try to evaluate the degree of internationalization as a function of symbolic capital and economic capital.

The emergence of a worldwide network of wealthy collectors, professional intermediaries, branded museums, blockbuster exhibitions and oligopolistic auction houses has been interpreted as sound evidence of the internationalization of the art market. In fact, market power in the art world is extremely concentrated in few wealthy hands, localized in specific cities and closely related to global financial flows. By using panel data on German artists, the research draws the main patterns of internationalization of one of the biggest economies in the art world and measures the relative autonomy of this market from the economic power.

The first step of analysis is based on existing secondary data on socio-economic figures and cultural activities in the region such as e.g. artist's residencies and the location of organizations, operating figures of cultural organizations, or data tourism connected to cultural events. The database ARTFACTS is the starting point for the empirical analysis: It covers all German artists that have been registered by ARTFACTS between 2004 and 2011 depending on their appearance in relevant exhibitions. The dataset covers approximately 10.000 registered German artists. The diversity of countries that have been conquered via exhibitions has been analysed in terms of its dependency on the artist’s generation, sales, number of overall exhibitions and the duration of each exhibition.
StatusFinished
Period01.05.1230.09.12

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Publications

  1. Tracing Concepts
  2. Formative assessment in mathematics
  3. Sustainability-oriented technology exploration: managerial values, ambidextrous design, and separation drift
  4. Scientific and local ecological knowledge, shaping perceptions towards protected areas and related ecosystem services
  5. Effect of Planning for Connectivity on Linear Reserve Networks
  6. The 'need for speed'
  7. Computer Support for Environmental Management Accounting
  8. Variational pragmatics
  9. The use of player physical and technical skill match activity profiles to predict position in the Australian Football League draft
  10. Exploring the Use of the Pronoun I in German Academic Texts with Machine Learning
  11. Qualitätssicherung und Entwicklung in der Elementarpädagogik
  12. Information Extraction from Invoices
  13. Integrating indigenous and local knowledge in management and research on coastal ecosystems in the Global South
  14. The bidirectional relationship between ESG performance and earnings management
  15. Probing turbulent superstructures in Rayleigh-Bénard convection by Lagrangian trajectory clusters
  16. Anticipated imitation of multiple agents
  17. Robust Adaptive Soft Landing Control of an Electromagnetic Valve Actuator for Camless Engines
  18. A black box identification in frequency domain
  19. Learning to collaborate while collaborating
  20. Dematerialization
  21. Reiseanalyse 2013:
  22. What a difference a Y makes
  23. Applying standard network analysis to hypermedia systems
  24. The patterns of curriculum change processes that embed sustainability in higher education institutions
  25. Schreiben Englisch
  26. The effect of neighbor species' phylogenetic and trait difference on tree growth in subtropical forests
  27. Special issue: Frameworks for Sustainability Management
  28. Tackling the knowledge-action gap in sustainable consumption
  29. Modelling and simulation of dynamic microstructure evolution of aluminium alloys during thermomechanically coupled extrusion process

Press / Media

  1. Computersimulation