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Markets and organizations

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lightbulbAbout this topic
Markets and organizations is an interdisciplinary field that examines the interactions between market structures and organizational behavior. It explores how organizations operate within market environments, the influence of market dynamics on organizational strategies, and the role of institutions in shaping market outcomes.
lightbulbAbout this topic
Markets and organizations is an interdisciplinary field that examines the interactions between market structures and organizational behavior. It explores how organizations operate within market environments, the influence of market dynamics on organizational strategies, and the role of institutions in shaping market outcomes.

Key research themes

1. How can systems thinking enhance the analysis and organization of markets?

This theme probes the integration of systems theory into market research to move beyond traditional mechanistic and static conceptions of markets. Systems thinking emphasizes wholes, relationships, and dynamic processes, offering a richer understanding of market evolution, disruption, and complexity. It addresses the need for models that capture nonlinearity, feedback loops, and market co-creation phenomena, which are increasingly relevant in fast-changing business environments.

Key finding: The paper argues that employing systems thinking enables scholars to develop more realistic, process-oriented market models, which better correspond to evolving business environments. It highlights methodological shifts from... Read more
Key finding: This work conceptualizes markets as complex adaptive systems exhibiting emergent properties arising from interactions among actors in evolving service ecosystems. It advances marketing theory by linking emergence with... Read more
Key finding: The text situates organization theory within a historical trajectory culminating in the modernist and neo-modernist perspectives, underpinning the understanding of organizations—including markets—as dynamic systems comprising... Read more

2. In what ways do social and institutional structures shape market formation and functioning?

This research direction investigates how markets are embedded within broader social fields, institutional frameworks, and collective interactions. It focuses on the socially constructed dimensions of markets, including value chains, institutional fields, regulation by market devices, and the challenges of market organization in settings marked by collective concerns, market failures, or development constraints. Insights elucidate how social structures precede and enable economic exchange structures, highlighting the centrality of relationships, norms, and actor interactions.

Key finding: This empirical study on dairy value chain development in Bangladesh demonstrates that successful market formation in resource-constrained settings depends on constructing social structures—relationships, norms, and shared... Read more
Key finding: The paper articulates a clear conceptual distinction between markets as arenas of exchange focused on position and institutional fields as arenas of issues and identity. It argues that neglecting this distinction blurs... Read more
Key finding: Focusing on markets addressing collective concerns (e.g., public transport, healthcare, emissions trading), the paper reveals the transition from policy aimed at market implementation to continuous market organization and... Read more
Key finding: Analyzing the Geneva Medicines Patent Pool, this study shows how market devices—material and social arrangements—can pragmatically shift market frames and practices in response to market failures. Though the device cannot... Read more

3. What roles do organizational structures and firm heterogeneity play in competition and market dynamics?

This theme delves into how the internal organization of firms and their heterogeneity in resources, capabilities, and preferences influence market formation, competition patterns, and international trade. It examines organizational heterogeneity as a source of differences in firm productivity and competitive behavior, the emergence of competition as a socially constructed phenomenon among actors, and how firms strategically allocate resources and coordinate collective actions within markets.

Key finding: This paper theorizes competition as a social construction requiring the organizational definition of actors, relationships, scarcity, and desire. It extends existing perspectives by recognizing not only competitors and... Read more
Key finding: Using simulation methods, the study identifies how actor heterogeneity, resource substitutability, and network embeddedness can generate collective action problems that hinder market formation. It highlights that resource... Read more
Key finding: Through theoretical analyses and empirical illustrations of furniture and pop music industries, this paper argues that spatial industrial clusters constitute a distinct form of market organization. Clustering facilitates... Read more
Key finding: Developing a model integrating corporate organization choices with firm heterogeneity and international trade, this paper shows that organizational structure determines firm size, productivity, and competitive intensity. It... Read more

All papers in Markets and organizations

The WWWforEurope research project proposes a comprehensive strategy to set Europe on a dynamic path to a socio-ecological transition. This part reports on the results of different models and presents research findings in the five areas... more
Regardless of the extensive evolution of the Chinese legal and economic system, there is at present a considerable “mismatch” between the WTO’s transparency requirements and the Chinese administrative legal regime. While the Standing... more
Australia proposes legislation modeled on section 54 of the UK's Modern Slavery Act (2015). The proposed legislation should preserve those of its current elements (such as not including legislated penalties for non-reporting) that are... more
Sustainable development has provided a significant conceptual approach for the solutions of problems on the triangle of industrialization, urbanization, and population increase. In order to advance the current and future welfare of its... more
This Quarterly Report refers to recent developments concerning Corporate Social Responsibility (CSR). Most importantly, the new Communication on CSR that was published by the European Commission in late October 2011 will be presented and... more
Environmental law should aim for sustainability, but New Zealand’s approach to the problem of climate change falls short of the mark. Through the United Nations Framework Convention on Climate Change and the Kyoto Protocol, New Zealand... more
Spain is one of the countries with the lowest social spending within the EU-15, and its welfare state has developed later and with less intensity. At the end of the 20 th century, Spain became an immigration country, reaching 5.7 million... more
On 23rd June the UK will hold a referendum on whether to remain a member of the European Union or to leave. On 24th the markets and the odd-makers were caught off guard by the U.K.'s vote to leave the European Union. The immediate... more
Seminar paper. Wittenborg University of Applied Sciences had a seminar with representatives of Indonesian private universities. The paper discusses various topics relevant to the development and management of universities. A true sense... more
ABSTRACT: The growing interest in neoliberalism and neoliberalisation has produced a wave of academic production, but also criticisms toward these concepts. They concern the conditions under which they may actually work as both/either... more
Social development and social rights are two big concepts in Social Policy. This essay examines whether the former requires the latter. I argue that it does. My central argument is aligned with Hartley Dean’s contention that social rights... more
Corporate social responsibility (CSR) is a concept whereby companies ideally run social functions in addition to its primary business function. The purpose of this study is to analyse the effect of CSR on business reputation and business... more
There is increasing reason to believe that the world's financial crisis is inextricably linked to the environmental crisis, both because current corporate practices contribute to environmental degradation but also because global climate... more
While it is generally agreed that companies need to manage their relationships with their stakeholders, the way in which they choose to do so varies considerably. In this paper, it is argued that when companies want to communicate with... more
It is the wickedest of problems. If what we know is truly embedded in practice, in our routines, habits, and embodied performances (Carolan 2011), than we have to do food futures before we perceive them. How do you enact an alternative... more
by Josh Curtis and 
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(A Report for the Irish Cancer Society) Free trade agreements and investment treaties have the stated aims of promoting economic activity and growth through increased global trade and investment flows. The presumption that broader... more
Environmental factors impact on the enjoyment of human rights in a number of ways. However, the exact nature of the relationship between the environment and human rights in international human rights law remains unsettled, most notably in... more
To shed further light on the debate concerning the value and success of corporate social responsibility, this working paper examines the legal status of CSR within the globalised free market framework. The overarching question is how and... more
For decades technological and economic progress under the capitalist model has placed social norms and the natural environment under great pressure, imposing a particularly heavy burden on the poor and underprivileged. Recognising the... more
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