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Chapter 27 - A Vocabulary for Analysing Market Change Processes

from Part VI - Broadening the Perspectives in Market Studies

Published online by Cambridge University Press:  22 November 2024

By
Hans Kjellberg
Edited by
Susi Geiger ,
Katy Mason ,
Neil Pollock ,
Philip Roscoe ,
Annmarie Ryan ,
Stefan Schwarzkopf  and
Pascale Trompette
Susi Geiger
Affiliation:
University College Dublin
Katy Mason
Affiliation:
Lancaster University
Neil Pollock
Affiliation:
University of Edinburgh
Philip Roscoe
Affiliation:
University of St Andrews, Scotland
Annmarie Ryan
Affiliation:
University of Limerick
Stefan Schwarzkopf
Affiliation:
Copenhagen Business School
Pascale Trompette
Affiliation:
Université de Grenoble
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Summary

How markets develop and change has been and continues to be a central theme in Market Studies. In this chapter I use theoretical ideas about change processes in general to elaborate on the markets as practice model and develop a conceptual vocabulary for analysing market change. Specifically, I combine three different theories of change (teleological, dialectical, and evolutionary) with findings from empirical studies of market change to identify six distinct, yet generic subprocesses of market change: market mimesis, market controversies, market management, market interferences, market change loops, and market development sequences. I elaborate on and illustrate each of these subprocesses and discuss how they interrelate to form ‘global’ market change processes.

Keywords

markets as practicechangeprocess ontologygrand challenges
Type
Chapter
Information
Market Studies
Mapping, Theorizing and Impacting Market Action
 , pp. 438 - 454
Publisher: Cambridge University Press
Print publication year: 2024

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