Today is the first day of the 2016 Annual Meeting of the Academy of Management in Anaheim. SAGE will be answering publishing inquiries and displaying top-tier management journals and books at booths 412, 414, 416 & 418. On Saturday, SAGE will also be showing conference attendees a demo of SAGE Business Researcher and SAGE Business Cases and asking for input from conference attendees. In addition to providing refreshments, each attendee will receive a $25 Amazon gift card upon completion of the event.
The market for artwork is a paradox: increasingly global and celebrity-driven, yet just as likely to take root in a New Orleans park or an online website as a high-end Manhattan gallery. Its products range from paintings and sculpture to prints, antique tea sets and furniture, even Banksy graffiti. It’s a major employer, accounting for more than 6 million jobs worldwide, and at its highest levels is driven by rich people getting richer: a mixture of supply and demand, greed, desire, and socializing, to the clink of Champagne flutes. The market has repeatedly set record prices, but experts warn it could be a bubble primed to pop. Yet online sales are growing, and investors are hunting for the next big thing, including African art. Among the issues under debate: Is the art market like the financial market? Does the art business reward artistic merit? Is globalization harming artists and the art market?