Subject category:
Strategy and General Management
Published by:
Harvard Business Publishing
Version: 17 June 2003
Length: 33 pages
Data source: Published sources
Abstract
Documents the entrepreneurial efforts of a single individual to bring together car and engine manufacturers, local circuit owners and promoters, advertisers, drivers, and fans in the creation of one of the biggest markets for world sports.; To understand how the barriers to the creation of a global market were circumvented by the organizational arrangements put in place and the extent to which this global market can survive the test of time and changing circumstances. Illustrates creation of a global market and examines the incentives of various market participants to remain engaged in the market.
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Abstract
Documents the entrepreneurial efforts of a single individual to bring together car and engine manufacturers, local circuit owners and promoters, advertisers, drivers, and fans in the creation of one of the biggest markets for world sports.; To understand how the barriers to the creation of a global market were circumvented by the organizational arrangements put in place and the extent to which this global market can survive the test of time and changing circumstances. Illustrates creation of a global market and examines the incentives of various market participants to remain engaged in the market.