
Acrobats Unemployed by Giulia Frances (http://giuliafrances.blogspot.co.uk/)
In a timely post in the Managing Culture section of the Tafter Journal, Pierre-Jean Benghozi and Elisa Salvador from Ecole Polytechnique Paris, argue that despite an increase in interest in the strategic and economic dimensions of creative industries (CIs) and their business models, the issue of managing R&D in the creative industries is severely neglected, with most organizations providing for poor investments in the R&D function. They cite innovations such as, the sound recording by Edison/ General Electric in the early 20th Century, the Walkman by Sony, and, the Appstore by Apple, where disruptive innovations strategically changing the landscape of a creative industry have come from outside the industry, and where creative firms have not managed to control their innovation. This has been attributed to poor investment in the R&D function within CIs.