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What is the Predictive Power of Market Orientation?

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Author Info
Langerak, F. (Erasmus Research Institute of Management (ERIM), RSM Erasmus University)
Abstract

The majority of studies on market orientation claim that compelling evidence exists that market orientation has a positive effect on business performance. This study takes a closer look at forty studies that have addressed the relationship between market orientation and business performance in the past thirteen years. The results show that there is no unequivocal evidence as to if and when market orientation has a positive impact on business performance. There is however some unequivocal proof, albeit limited, on how market orientation influences business performance. These findings are unsettling for academics and managers because market orientation is the foundation of marketing strategy.

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File URL: http://hdl.handle.net/1765/235
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Publisher Info
Paper provided by Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam. in its series Research Paper with number ERS-2002-88-MKT Revision_Date: 2009-07-29.

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Date of creation: 18 Oct 2002
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Handle: RePEc:dgr:eureri:2002244

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Related research
Keywords: market orientation; predictive validity; business performance;

References listed on IDEAS
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  1. Caruana, Albert & Pitt, Leyland & Berthon, Pierre, 1999. "Excellence-Market Orientation Link: Some Consequences for Service Firms," Journal of Business Research, Elsevier, vol. 44(1), pages 5-15, January. [Downloadable!] (restricted)
  2. Bhuian, Shahid N., 1998. "An Empirical Examination of Market Orientation in Saudi Arabian Manufacturing Companies," Journal of Business Research, Elsevier, vol. 43(1), pages 13-25, September. [Downloadable!] (restricted)
  3. Subramanian, Ram & Gopalakrishna, Pradeep, 2001. "The market orientation-performance relationship in the context of a developing economy: An empirical analysis," Journal of Business Research, Elsevier, vol. 53(1), pages 1-13, July. [Downloadable!] (restricted)
  4. Slater, Stanley F. & Narver, John C., 2000. "The Positive Effect of a Market Orientation on Business Profitability: A Balanced Replication," Journal of Business Research, Elsevier, vol. 48(1), pages 69-73, April. [Downloadable!] (restricted)
  5. Lloyd C. Harris, 2001. "Market Orientation and Performance: Objective and Subjective Empirical Evidence from UK Companies," Journal of Management Studies, Blackwell Publishing, vol. 38(1), pages 17-43, 01. [Downloadable!] (restricted)
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This page was last updated on 2009-12-16.


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