Defining contextual advantage: exploring the contextual relation between effectuation and entrepreneurial marketing for creating new markets effectually

Journal article


Amoncar, Nihar, Deacon, Jonathan and Stephens, Paula 2016. Defining contextual advantage: exploring the contextual relation between effectuation and entrepreneurial marketing for creating new markets effectually. Asia Pacific Journal of Advanced Business and Social Studies.
AuthorsAmoncar, Nihar, Deacon, Jonathan and Stephens, Paula
Abstract

The paper explores the behaviour of the Entrepreneur and the Effectual use of available resources mainly social capital in new market creation. The study dwells on creating a unique ‘Context’ by leveraging these resources to increase the Entrepreneurial orientation of a firm. The paper further attempts to explore whether the Contextual link between Effectuation and Entrepreneurial Marketing helps develop a ‘Contextual Advantage’, which can be used as a mean of developing a unique business model which differentiates the firm in the market. The paper hence explores contemporary theories of Entrepreneurship and Marketing
namely Entrepreneurial Marketing, Effectuation and Contextual Marketing by studying their inter-relation. The nature of these theories is under-explored according to the authors and requires further investigation to evolve the field of Marketing and Entrepreneurship.

KeywordsEntrepreneurial Marketing; Effectuation; Contextual Marketing; Entrepreneurship
Year2016
JournalAsia Pacific Journal of Advanced Business and Social Studies
PublisherAsia Pacific Institute of Advanced Research
ISSN2205-6033
Web address (URL)http://hdl.handle.net/10545/624516
http://creativecommons.org/publicdomain/zero/1.0/
hdl:10545/624516
Publication dates12 Jan 2016
Publication process dates
Deposited25 Feb 2020, 11:15
Accepted20 Nov 2015
Rights

CC0 1.0 Universal

ContributorsUniversity of South Wales
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