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sense (innovation), but that perception of goods changes, and along with this our sense of ‘what is the same as what’. Hence markets are not stable structures if only because our anthropology of things is not a stable structure but an evolving and conflictual cultural dynamic. Moreover, economic actors – today functionally differentiated into institutions such as advertising, brand consultancy, design – may place the conjoint redefinition of goods and markets at the very centre of market practices: marketing, for example, is specifically dedicated to altering

in Market relations and the competitive process
Constituting the cultural economy

and symbolic associations. It follows that an enlarged field of cultural production and consumption gathers in an array of items – from foodstuffs or bedlinen to branded clothing and designer refrigerators – whose symbolic character is at least as important for market differentiation as are the functional claims that might be made for them. On such an account, cultural industries are only a subset – if rather exemplary – of an extended range of economic processes that have an integrally cultural character. This complicates what it might mean to think about a

in Market relations and the competitive process
The resurgence of Route 128 in Massachusetts

with ‘open-system’ networks. The goal of the entrepreneurial firm is to develop the organisational capabilities to differentiate the firm’s product in the market place and establish a Resurgence of Route 128 167 market niche and an ongoing relationship with customers. Success requires product redesign and development capability. To the extent that firms are successful, the mode of competition shifts from price-led to product-led. The rebounding pressures of product-led competition in the market on the internal organisation of the firm reinforce the drive to

in Market relations and the competitive process
Scale of demand and the role of competences

selling arrangements that are often used for the selling of films for the screen. Thus, depending upon the nature of the product, the method of actually marketing the product borrows from the institutions that exist to market other similar products. Demand factors and the changing need for software in the global economy Computer software is the machine-readable stored code that instructs a microchip to carry out specific tasks. Over the thirty years of its evolution the software market has encompassed this basic functionality, across a range of differentiated uses

in Market relations and the competitive process
Abstract only
Frugality, de-growth and Voluntary Simplicity

’ which simply sees individuals buy less expensive and often functional or less decorated items; ‘strong simplifiers’ who give up high levels of income and status in order to gain time and reduce stress; and ‘holistic simplifiers’ who simplify everything in their lives from work to housing to consumption (Etzioni, 1998). For Etzioni, however, Voluntary Simplicity as a practice tends to be about living within consumer capitalism not in opposition to it. Miles too, asserts that ‘any movement against that [consumerist] way of life is merely subsumed within the capitalist

in A brief history of thrift
Open Access (free)
Crisis, reform and recovery

–private sector nexus” and viewed as a unique feature of the East Asian “developmental states” and even a necessary prerequisite for development. Rather, this chapter argues that a more nuanced understanding of Indonesia’s economic crisis can be gained by differentiating between the sources of “vulnerability” and the “precipitating” factors. A careful review of the events leading to the crisis shows that both these factors converged during the critical period between late August 1997 and March 1998 – and practically everything that could go wrong did over these months. The

in The Asian financial crisis