How Do New Ventures Evolve? An Inductive Study of Archetype Changes in Science-Based Ventures

• 成果类型: Article
• 署名作者: Ambos, Tina C.; Birkinshaw, Julian
• 署名单位: Vienna University of Economics & Business; University of London; London Business School
• 刊物名称: ORGANIZATION SCIENCE
• ISSN/ISSBN: 1047-7039
• DOI: 10.1287/orsc.1090.0504
• 发表日期: 2010
• 页码: 1125-1140
• 关键词: ORGANIZATIONAL EVOLUTION; new venture; archetype; PUNCTUATED EQUILIBRIUM

摘要

This paper presents a process study on the evolution of new ventures. We adopt the theoretical lens of archetypes, which allows us to take a holistic perspective on new venture evolution and to provide rich insights into the interdependencies between the multiple contributory factors that shape the evolutionary process. Our analysis identifies three distinct venture archetypes, which typically emphasize one focal area of a business, and it sheds light on the sequencing of these archetypes. We show how the case ventures go through interarchetype transitions, which are triggered by collective cognitive dissonance between the venture leaders' understanding of the old interpretive scheme and the emerging reality and are resolved through internal negotiations. The research provides insights into new venture evolution, the theory of organizational archetypes, and punctuated equilibrium perspectives on organizational change.