IDEAS home Printed from https://ideas.repec.org/a/taf/ijecbs/v26y2019i3p355-381.html
   My bibliography  Save this article

From Publishers to Self-Publishing: Disruptive Effects in the Book Industry

Author

Listed:
  • Morten Hviid
  • Sofia Izquierdo-Sanchez
  • Sabine Jacques

Abstract

This paper explores the structure of the book publishing industry post digitalisation, analysing the choices of the publishers and authors. The introduction of successful e-book readers has belatedly given digitalisation the characteristics of a disruptive technology by making self-publishing a serious option for authors. This has been supported by the entry of new types of intermediaries and the strengthening of others. These changes have reduced the general requirements for an author to get a book self-published. As a result, a larger share of the surplus from the book industry is likely to go to authors, explaining the significant increase in the supply of books. The potential oversupply of books has created a new problem by increasing competition and making consumer searches more difficult. We argue that digitalisation has shifted the potential for market failure from an inadequate supply of books to asymmetric information about quality. It remains to be seen whether the market will provide appropriate intermediaries to solve the asymmetric information problem.

Suggested Citation

  • Morten Hviid & Sofia Izquierdo-Sanchez & Sabine Jacques, 2019. "From Publishers to Self-Publishing: Disruptive Effects in the Book Industry," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 26(3), pages 355-381, September.
    • Handle: RePEc:taf:ijecbs:v:26:y:2019:i:3:p:355-381
    DOI: 10.1080/13571516.2019.1611198
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13571516.2019.1611198
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13571516.2019.1611198?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dr. Quratulain Zafar & Gul Jabeen & Muhammad Asif & Zainab Rauf, 2024. "Exploration of How Digital Media and Technology are Changing Narrative Forms and Literary Consumption," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(3), pages 264-274.
    2. Ciocîrlan Cecilia & Hrib Bogdan, 2023. "Turning Pages, Facing Challenges: Unveiling Business Inactivity and SMEs' Challenges in Romania's Book Publishing Market," Culture. Society. Economy. Politics, Sciendo, vol. 3(2), pages 26-42, December.
    3. Silvi Berger & Morten Hviid, 2019. "Who Should Set Book Prices?," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2019-07, Centre for Competition Policy, University of East Anglia, Norwich, UK..

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ijecbs:v:26:y:2019:i:3:p:355-381. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CIJB20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.