“…This long commitment of marketing researchers to substantive metaphysic has led to a wealth of scholarship treating marketplace reality as composed of stable material substances that only change their qualities and a paucity of knowledge on process and change (Siebert and Giesler, 2012). To address this variance bias, research in the Market system dynamics tradition embraces a decidedly dynamic ontological view by problematizing the boundaries between market systems, marketplace actors and time and by addressing questions about how and why markets and their associated actors, institutions and meanings emerge (Ertimur and Coskuner-Balli, 2015;Giesler, 2012;Giesler and Veresiu, 2014;Humphreys 2010a;Martin and Schouten, 2014;Press and Arnould, 2011;Scaraboto and Fischer, 2013), evolve (Giesler, 2008;Vikas et al, 2015) or terminate (Parmentier and Fischer, 2015), often but not exclusively using longitudinal data.…”