Local contexts as activation mechanisms of market development: contemporary art in emerging markets
Abstract
The paper studies how local contexts contribute to the emergence of markets. In particular, it explains how potential entrepreneurs are motivated to become active in establishing new markets. Empirically, the focus is on contemporary art markets in two emerging countries: India and Russia. The paper draws upon qualitative interviews with 65 contemporary art dealers conducted in New Delhi, Mumbai, Moscow and Saint Petersburg. We show how...
Paper Details
Title
Local contexts as activation mechanisms of market development: contemporary art in emerging markets
Published Date
Feb 1, 2017
Volume
21
Issue
1
Pages
1 - 21
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