The technological dimension of innovation process has been extensively commended on. Market innovation processes._____(1)has remained underexplored both theoretically and empirically. Our starting point was that the conception of market innovation depends strongly on our ____(2)
Of markets. Two different approaches to markets were contrasted: one epistemologial orientation ____(3) generating the right knowledge about markets,and one ontological orientation emphasizing their active production. Drawing on the latter, we defined “market” innovation ____(4)changes in the way business is done. In this respect, the contribution to this special issue are ____(5) by the idea that market innovation is not something that envelops market from the outside (like technological innovation or regulatory change).____(6)something that comes from changing the very components that make up markets, ____(7),recent theorizing about markets from a practice prospective suggests markets are continuous outcomes of on-going efforts.____(8)change the rule and stability the exception. In line with this, the markets repeatedly illustrate efforts at directing and /or preventing change rather than promoting it. This leads us to suggest that market innovation. Face the balancing act of capturing opportunities____(9) change through stabilizing efforts that produce innovation rems.
Such stabilizing efforts were noted in two special areas: establishing and maintaining a bounded network of buyers,sellers,goods, etc. And configuring this network in particular ways____(10)channel interaction between entities. These stabilizing efforts were parsued in four ways: Internationalizing norms and rules; building devlees and technical infrastructures,generating and Dissemination images, models,and representation and ____(11) practices, routines and habits. Despite stabilizing efforts,however, stability is hard to achieve,____(12)due to competing political project about how a market should work, herein wu a
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