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041 _afre
042 _adc
100 1 0 _aVaileanu, Ingrid
_eauthor
700 1 0 _a Paun, Florin
_eauthor
700 1 0 _a Plouviet, Claude
_eauthor
700 1 0 _a Hillen, Columbia
_eauthor
245 0 0 _aThe value of luxury in the AI era. A new “quality growth paradigm” is born!
260 _c2020.
500 _a56
520 _aSince the high price tag associated with quality presents an ongoing barrier to entry for most consumers when it comes to premium and luxury brands, the two concepts “democratization of luxury” and “luxury as quality and rarity” seem incompatible. But a new growth paradigm has been identified if we apply the quantum approach and functional economy approach to the analysis of potential new “forms of luxury” (“luxury functionalities"), which could be both “non-luxury quality” and “luxury quality” depending on the “observer,” in line with the Schrödinger’s cat paradox. In the digital world, however, the “observer” has multiplied, and observation is ongoing and in real time. The luxury sector could inspire and generalize “augmented value creation” through “open value-building strategies” reinforced by national regulatory support (for example, the PACTE law in France, a country where the fashion and luxury sectors have a market value of more than 42 billion euros and account for more than 86 percent of exports). Further research will need to be carried out on this potential “augmented quality growth paradigm” inspired by the new luxury business model. JEL codes: D460, D470, D230, D210, (D82, D83, D84), P420, P470, E710.
690 _apret-à-personnaliser
690 _aaugmented luxury value
690 _ademocratizing luxury
690 _afunctional economy
690 _aImpact Readiness Level (IRL)
690 _aluxury
690 _aopen qualification
690 _a« pret-à-personnaliser »
690 _aaugmented luxury value
690 _ademocratising luxury
690 _afunctional economy
690 _aImpact Readiness Level (IRL)
690 _aluxuring
690 _aopen qualification
786 0 _nMarché et organisations | o 37 | 1 | 2020-01-10 | p. 185-226 | 1953-6119
856 4 1 _uhttps://shs.cairn.info/journal-marche-et-organisations-2020-1-page-185?lang=en&redirect-ssocas=7080
999 _c1120994
_d1120994