A systems perspective on markets – Toward a research agenda

dc.creatorJavier Francisco Reynoso Javier
dc.date2017
dc.date.accessioned2018-10-19T14:22:17Z
dc.date.available2018-10-19T14:22:17Z
dc.descriptionThis paper addresses the implications of an emerging, increasingly important way of thinking about markets: systems thinking. A market is one of the most founational abstractions in marketing and business research; yet, it often receives too little attention. As a result, the taken-for-granted assumptions about markets spur from over-simplified conceptualizations of neoclassical economics that depict markets as static and mechanistic. Systems thinking represents a major change in perspective that involves transcending this mechanistic worldview and thinking instead in terms of wholes, relationships, processes, and patterns. We argue that building a theory of markets based on systems thinking, would enable scholars to develop more realistic models that correspond with fast-changing business environment and therefore, increase both the rigor and relevance of future research. To further this aim, we identify the main implications of systems thinking and formulate them into a research agenda to further the systemic understanding of markets. © 2017 The Authors
dc.identifier.doi10.1016/j.jbusres.2017.03.011
dc.identifier.endpage268
dc.identifier.issn1482963
dc.identifier.startpage260
dc.identifier.urihttp://hdl.handle.net/11285/630674
dc.identifier.volume79
dc.languageeng
dc.publisherElsevier Inc.
dc.relationhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85016448320&doi=10.1016%2fj.jbusres.2017.03.011&partnerID=40&md5=ace8960195ccb946397d157ca128c056
dc.relationInvestigadores
dc.relationEstudiantes
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0
dc.sourceJournal of Business Research
dc.subject.classification7 INGENIERÍA Y TECNOLOGÍA
dc.titleA systems perspective on markets – Toward a research agenda
dc.typeArtículo
refterms.dateFOA2018-10-19T14:22:17Z

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