Abstract
The main aim of this work is to understand how and why firms belonging to different industries connect with the arts for their strategic purposes. To investigate this issue, we carried out a systematic literature review by combining the fields of art and business. The result of this inquiry is the identification of six subcategories able to describe art and business as relational model, corporate social responsibility or communication strategy. Connecting art and business can be beneficial in a cross-cultural perspective, or a financial viewpoint, via the construction of corporate art collections. This apparently unusual connection between art and business can also assure companies a favorable effect in terms of consumers’ perception. Every literature strand we identify represents a brick that can be used by companies to build-up their art-based strategies. A short case study at the end of every chapter will give a concrete example of those strategies.
This chapter is revised and updated from the author’s dissertation Art & Business from sponsorship and philanthropy to the contemporary process of artification, Sorbonne U. and Macerata U. completed in 2016.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Briner, R. B., & Denyer, D. (2012). Systematic review and evidence synthesis as a practice and scholarship tool. The Oxford Handbook of Evidence-Based Management. https://doi.org/10.1093/oxfordhb/9780199763986.013.0007
Briner, R. B., Denyer, D., & Rousseau, D. M. (2009). Evidence-based management: Concept cleanup time? Academy of Management Perspectives, 23, 19. https://doi.org/10.5465/amp.23.4.19
Carlucci, D., & Schiuma, G. (2018a). An introduction to the special issue “the arts as sources of value creation for business: Theory, research, and practice”. Journal of Business Research, 85, 337–341. https://doi.org/10.1016/j.jbusres.2017.10.034
Carlucci, D., & Schiuma, G. (2018b). The power of the arts in business. Journal of Business Research, 85, 342–347. https://doi.org/10.1016/j.jbusres.2017.10.012
Comunian, R. (2008). Culture Italian style: Business and the arts. Journal of Business Strategy, 29, 37. https://doi.org/10.1108/02756660810873209
Comunian, R. (2009). Toward a new conceptual framework for business investments in the arts: Some examples from Italy. Journal of Arts Management Law and Society, 39, 200. https://doi.org/10.1080/10632920903218521
Dell’Era, C. (2010). Art for business: Creating competitive advantage through cultural projects. Industry and Innovation, 17, 71. https://doi.org/10.1080/13662710903573844
Dietz, J., Antonakis, J., Hoffrage, U., Krings, F., Marewski, J., & Zehnder, C. (2014). Teaching evidence-based management with a focus on producing local evidence. Accessed October 21, 2019, from https://serval.unil.ch/resource/serval:BIB_9EC91D46ECD7.P001/REF.
Dion, D., & Arnould, E. (2011). Retail luxury strategy: Assembling charisma through art and magic. Journal of Retailing, 87, 502. https://doi.org/10.1016/j.jretai.2011.09.001
Hagtvedt, H., & Patrick, V. M. (2008a). Art and the brand: The role of visual art in enhancing brand extendibility. Journal of Consumer Psychology, 18, 212. https://doi.org/10.1016/j.jcps.2008.04.010
Hagtvedt, H., & Patrick, V. M. (2008b). Art infusion: The influence of visual art on the perception and evaluation of consumer products. Journal of Marketing Research, 45, 379. https://doi.org/10.1509/jmkr.45.3.379
Kapferer, J. N. (2012). Abundant rarity: The key to luxury growth. Business Horizons, 55, 453. https://doi.org/10.1016/j.bushor.2012.04.002
Kapferer, J. N. (2014). The artification of luxury: From artisans to artists. Business Horizons, 57, 371. https://doi.org/10.1016/j.bushor.2013.12.007
Kapferer, J. N., & Valette-Florence, P. (2016). Beyond rarity: The paths of luxury desire. How luxury brands grow yet remain desirable. Journal of Product and Brand Management, 25, 120. https://doi.org/10.1108/JPBM-09-2015-0988
Martorella, R. (1996). Arts and business: An international perspective on sponsorship. Westport, CT: Greenwood Publishing Group.
Nutley, S., & Davies, H. (2000). Making a reality of evidence-based practice: Some lessons from the diffusion of innovations. Public Money and Management, 20, 35. https://doi.org/10.1111/1467-9302.00234
Nutley, S., Walter, I., & Davies, H. T. O. (2003). From knowing to doing: A framework for understanding the evidence-into-practice agenda. Evaluation, 9, 125. https://doi.org/10.1177/1356389003009002002
Nutley, S., Walter, I., & Davies, H. T. O. (2009). Promoting evidence-based practice: Models and mechanisms from cross-sector review. Research on Social Work Practice, 19, 552. https://doi.org/10.1177/1049731509335496
Rentschler, R., & Kirchner, T. A. (2012). Arts management/marketing journal citation analysis: Assessing external impact. Arts Marketing: An International Journal, 2(1), 6–20. https://doi.org/10.1108/20442081211232981
Rentschler, R., & Shilbury, D. (2008). Academic assessment of arts management journals: A multidimensional rating survey. International Journal of Arts Management, 10(3), 60–71. https://www.jstor.org/stable/41064964
Riot, E., Chamaret, C., & Rigaud, E. (2013). Murakami on the bag: Louis Vuitton’s decommoditization strategy. International Journal of Retail & Distribution Management, 41, 919. https://doi.org/10.1108/IJRDM-01-2013-0010
Schroeder, J. (2005). The artist and the brand. European Journal of Marketing, 1, 209. https://doi.org/10.1108/17506200710779521
Tranfield, D., Denyer, D., & Smart, P. (2003). Towards a methodology for developing evidence-informed management knowledge by means of systematic review. British Journal of Management, 14, 207–222. https://doi.org/10.1111/1467-8551.00375
Wu, C.-T. (2003). Privatising culture: Corporate art intervention since the 1980s. London: Verso.
Zolberg, V. (2000). Privatization: Threat or promise for the arts and humanities? The European Journal of Cultural Policy, 7(1), 9–27. https://doi.org/10.1080/10286630009358130
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2020 The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Masè, S. (2020). Introduction. In: Art and Business. International Series in Advanced Management Studies. Springer, Cham. https://doi.org/10.1007/978-3-030-51769-4_1
Download citation
DOI: https://doi.org/10.1007/978-3-030-51769-4_1
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-51768-7
Online ISBN: 978-3-030-51769-4
eBook Packages: Business and ManagementBusiness and Management (R0)