Market Shaping and Systemic Innovation
Emerald Publishing Limited
Published on 23. December 2020
68 pages
978-1-80071-940-8 (ISBN)
Description
The first article focuses on a managerially relevant topic, relating to how commonly used market-scanning frameworks, in this case the five-forces analysis and PESTEL environmental scanning tool, may impact firms' readiness to anticipate market-shaping acts. The second paper takes a broader perspective of systemic markets and examines the mechanisms at play when emergence happens in such market systems. The third paper takes a contemporary strategic design perspective in conceptualising the interplay between strategic design and market-shaping capabilities. In the fourth article, "e;Market-shaping dynamics: Interplay of actor engagement and institutional work"e;, Fehrer, Conduit, Plewa, Li, Jaakkola and Alexander combine institutional work and actor engagement literature to elucidate how the collective action of market-shaping occurs through the interplay between market shapers' institutional work and engagement by other market actors. In the fifth and final article, "e;How much is enough? The role of effort in market-shaping"e;, Lipnickas, Conduit, Wilkie and Plewa correctly argue that for market-shaping to happen, actors other than the market-shaping actor must also exert effort in the value co-creation process
