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The Market-Based Management Institute is a non-profit research and education center established to advance the understanding and practice of Market Based Management® (MBM™). MBM refers to practices used by leaders to continuously discover and apply the beneficial aspects of the market process within an organization (using internal markets to guide transactions between business units, for example, or basing pay on value creation rather than tenure).

With generous seed funding from Koch Industries, the Market-Based Management Institute was established in 2005 to research questions of practical interest to business leaders pursuing a market-based approach to their organizations, and to provide education about MBM to businesspeople, scholars, students, educators, and community, non-profit, and government leaders.