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Global Retailers, Market-Driven Management and Innovation

Author

Listed:
  • Silvio M. Brondoni
  • Margherita Corniani
  • Sabina Riboldazzi

Abstract

The globalization of markets forces large retailers to re-think their long-term development, combining corporate growth with demand satisfaction. In particular, global markets and the state of over-supply push mass retailers to adopt hard competitive policies based on market-driven management, which emphasize continuous product innovation in order to satisfy temporary demand opportunities (demand bubble). The purpose of this paper is to provide an overview of the main issues concerning market-driven innovation for global retailers. In fact, this subject, to date, is a relatively neglected element of the retailing literature. The paper is based on a review and synthesis of secondary data and published work and proposes to link together the issues concerning global retailing with market-driven innovation,offering an initial classificatory schema of activity areas where global retailers can innovate to compete in global markets. The paper concludes with an agenda for future research in this area.

Suggested Citation

  • Silvio M. Brondoni & Margherita Corniani & Sabina Riboldazzi, 2013. "Global Retailers, Market-Driven Management and Innovation," The International Journal of Economic Behavior - IJEB, Faculty of Business and Administration, University of Bucharest, vol. 3(1), pages 27-40, December.
  • Handle: RePEc:but:ijebfa:v:3:y:2013:i:1:p:27-40
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    References listed on IDEAS

    as
    1. Mitchel Y. Abolafia (ed.), 2005. "Markets," Books, Edward Elgar Publishing, number 2788.
    2. Niccolo' Gordini, 2010. "Market-Driven Management: A Critical Literature Review," Symphonya. Emerging Issues in Management, Niccolò Cusano University, issue 2 Intangi.
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    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Agárdi, Irma & Berezvai, Zombor & Alt, Mónika-Anetta, 2017. "A nemzetközi diverzifikáció, az innováció és a teljesítmény kapcsolata az európai élelmiszer-kiskereskedelemben [International diversification and the innovation activity and performance of leading fast-moving consumer goods retailers]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 805-822.

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