CHANGING WITH THE TIMES: AN INTEGRATED VIEW OF IDENTITY, LEGITIMACY, AND NEW VENTURE LIFE CYCLES

• 成果类型: Article
• 署名作者: Fisher, Greg; Kotha, Suresh; Lahiri, Amrita
• 署名单位: Indiana University System; Indiana University Bloomington; IU Kelley School of Business; University of Washington; University of Washington Seattle; University of Washington; University of Washington Seattle; University of Washington; University of Washington Seattle
• 刊物名称: ACADEMY OF MANAGEMENT REVIEW
• ISSN/ISSBN: 0363-7425
• DOI: 10.5465/amr.2013.0496
• 发表日期: 2016
• 页码: 383-409
• 关键词: ORGANIZATIONAL IDENTITY; STRATEGIC CHANGE; INSTITUTIONAL LOGICS; ACADEMIC ENTREPRENEURSHIP; SYMBOLIC MANAGEMENT; industry; POWER; CONSTRUCTION; performance; MOVEMENT

摘要

To acquire resources, new ventures need to be perceived as legitimate. For this to occur, a venture must meet the expectations of various audiences with differing norms, standards, and values as the venture evolves and grows. We investigate how the organizational identity of a technology venture must adapt to meet the expectations of critical resource providers at each stage of its organizational life cycle. In so doing, we provide a temporal perspective on the interactions among identity, organizational legitimacy, institutional environments, and entrepreneurial resource acquisition for technology ventures. The core assertion from this conceptual analysis is that entrepreneurial ventures confront multiple legitimacy thresholds as they evolve and grow. We identify and discuss three key insights related to entrepreneurs' efforts to cross those thresholds at different organizational life cycle stages: institutional pluralism, venture-identity embeddedness, and legitimacy buffering.