Contemporary art business conditions may require a different approach to business competencies due to the changing nature of the art market, including digitalization, globalization and new forms of cultural consumption. This may mean that contemporary art professionals need tailored business skills to take advantage of emerging opportunities, manage the marketing of artworks effectively and navigate an increasingly complex and competitive market. In summary, changing business conditions in contemporary art may influence the meaning and importance of business competencies by requiring continuous adaptation and evolution to succeed in the field.