EconPapers    
Economics at your fingertips  
 

Emerging theories of consumer-driven market innovation, adoption, and diffusion: A selective review of consumer-oriented studies

Are Branstad and Birgit A. Solem

Journal of Business Research, 2020, vol. 116, issue C, 561-571

Abstract: In this study, we argue for a redefining of the consumer's role in market innovation and suggest new patterns of consumer adoption and diffusion of market innovations. In studying the consumer-oriented literature, we identify and compare three underlying market innovation logics: (1) the incumbent legitimator logic, where market innovation is about established providers' expansion or creation of new markets through collaboration with external stakeholder groups, (2) the consumer activist logic, where market innovations are created as a result of market activism from consumers, and (3) the market co-creator logic, where markets are expanded or created through institutional change initiated by providers' and consumers' co-creation practices. Through examples from the digitalisation of local food markets, we discuss managerial implications of using each of the three market innovation logics as a perspective-taking lens.

Keywords: Market innovation; Adoption; Diffusion; Co-creation; Consumers; Institutional theory (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0148296320300412
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:116:y:2020:i:c:p:561-571

DOI: 10.1016/j.jbusres.2020.01.028

Access Statistics for this article

Journal of Business Research is currently edited by A. G. Woodside

More articles in Journal of Business Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:jbrese:v:116:y:2020:i:c:p:561-571