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Market-Driven Management as Entrepreneurial Approach
Author(s) -
Carlo Vallini,
Christian Simoni
Publication year - 2009
Publication title -
symphonya emerging issues in management
Language(s) - English
Resource type - Journals
eISSN - 1593-0319
pISSN - 1593-0300
DOI - 10.4468/2009.1.03vallini.simoni
Subject(s) - entrepreneurship , phenomenon , appropriation , business , value (mathematics) , industrial organization , product (mathematics) , service (business) , marketing , economics , computer science , linguistics , philosophy , physics , geometry , mathematics , finance , quantum mechanics , machine learning
Entrepreneurship is traditionally considered as an ‘outward-looking’ phenomenon. Entrepreneurs initiate change by identifying and starting new trading opportunities, related to improved versions of existing commodities or new productor service concepts, which have been until then unknown to other agents. Market-driven management is not posited to be an alternative to entrepreneurial management, a surrogate or even a better substitute to entrepreneurship. They are, rather, two different theoretical constructs that can be fully integrated.Value creation and appropriation within the market is the node of the relationship between entrepreneurship and market-driven management

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