LEGITIMATING CHARACTERISTICS AND FIRM EMERGENCE
| Autor: | Erno T. Tornikoski |
|---|---|
| Rok vydání: | 2008 |
| Předmět: |
Entrepreneurship
firm emergence nascent entrepreneurs nascent firms legitimacy legitimating characteristics institutional theory PLS estimation Entrepreneurship Resource (project management) 0502 economics and business 05 social sciences 050211 marketing General Medicine Business Organizational theory Neoclassical economics Institutional theory 050203 business & management Legitimacy |
| Zdroj: | Journal of Enterprising Culture. 16:233-256 |
| ISSN: | 1793-6330 0218-4958 |
| DOI: | 10.1142/s0218495808000144 |
| Popis: | Most of the organizational theories take the existence of organizations for granted. Thus, attempts to understand success and failure at the nascent firm stage have often been conducted without an underlying theory to explain why some nascent firms succeed in becoming new firms while others do not. This study proposes that institutional theory offers an explanatory framework to explain firm emergence. Specifically, we argue that nascent firm becomes new firm thanks to resource endowments. The reliance on legitimating characteristics will grant a nascent firm an access to critical resources necessary for its emergence. We explore these ideas empirically and find support for our basic arguments. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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