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Economic foundations for an entrepreneurial marketing concept

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  • Duus, Henrik Johannsen

Abstract

This article examines developments in economics and strategic management theory and discusses their implications for marketing. Recent advances in economic theory have suggested new inputs to marketing management theory and practice. With the advance of the "new economic theories" of the firm and its strategy, parts of the essence of the marketing concept are being challenged. This article proposes that a new entrepreneurial marketing concept based on an ex-ante supply-push conception of marketing, and which focuses on future market demands and the future capabilities of the firm, will be capable of solving these problems. Possible elements in a new approach are suggested. The focus is on industrial marketing, very long-term and very general environmental analysis, and on innovation, industrial transformation and the building of the competencies of the firm.

Suggested Citation

  • Duus, Henrik Johannsen, 1997. "Economic foundations for an entrepreneurial marketing concept," Scandinavian Journal of Management, Elsevier, vol. 13(3), pages 287-305, September.
    • Handle: RePEc:eee:scaman:v:13:y:1997:i:3:p:287-305
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    Cited by:

    1. Aqueeb Sohail Shaik & Safiya Mukhtar Alshibani & Girish Jain & Bhumika Gupta & Ankit Mehrotra, 2024. "Artificial intelligence (AI)‐driven strategic business model innovations in small‐ and medium‐sized enterprises. Insights on technological and strategic enablers for carbon neutral businesses," Business Strategy and the Environment, Wiley Blackwell, vol. 33(4), pages 2731-2751, May.
    2. Alqahtani, Nasser & Uslay, Can, 2020. "Entrepreneurial marketing and firm performance: Synthesis and conceptual development," Journal of Business Research, Elsevier, vol. 113(C), pages 62-71.

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