Market-Driven Management as Entrepreneurial Approach

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 product or service concepts, which have been until then unknown to other a...

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Bibliographic Details
Main Authors: Carlo Vallini, Christian Simoni
Format: Article
Language:English
Published: Niccolò Cusano University-Rome 2009-01-01
Series:Symphonya
Subjects:
Online Access:https://symphonya.unicusano.it/index.php/sym/article/view/9351
Description
Summary: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 product or 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.
ISSN:1593-0300
1593-0319