Institutional Forces: The Invisible Hand That Shapes Venture Ideas?

Davidsson, Per, Hunter, Erik, & Klofsten, Magnus (2006) Institutional Forces: The Invisible Hand That Shapes Venture Ideas? International Small Business Journal, 24(2), pp. 115-131.

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Institutional theory is employed for examining how and to what extent external pressure leads to changes in the venture idea during the start-up and early life of new, knowledge-intensive ventures. From a population of 321 young, knowledge-intensive firms that underwent a training program at Linkoping University, structured telephone interview data were obtained from 167 firms. The results confirmed that the venture idea had undergone more change in ventures that had more external owners, a dominant customer, and an incubator location. The results imply that institutional theory is a meaningful tool for understanding why and how venture ideas change over time.

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34 citations in Scopus
23 citations in Web of Science®
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ID Code: 2079
Item Type: Journal Article
Refereed: Yes
Additional Information: Author contact details:
Keywords: entreprensurship
DOI: 10.1177/0266242606061834
ISSN: 0266-2426
Divisions: Current > Research Centres > Australian Centre for Entrepreneurship
Current > QUT Faculties and Divisions > QUT Business School
Copyright Owner: Copyright 2006 Sage Publications
Copyright Statement: Reproduced in accordance with the copyright policy of the publisher.
Deposited On: 23 Jan 2008 00:00
Last Modified: 22 Jun 2017 14:38

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