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Institutional Forces - The invisible hand that shapes venture ideas?
Brisbane Graduate School of Business, QUT, Australia and Jönköping International Business School.
Jönköping International Business School.
Linköping University, The Institute of Technology. Linköping University, Department of Management and Economics.ORCID iD: 0000-0002-5960-9270
2006 (English)In: International Small Business Journal, ISSN 0266-2426, Vol. 24, no 2, 115-131 p.Article in journal (Refereed) Published
Abstract [en]

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 Linköping University, Sweden, 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.

Place, publisher, year, edition, pages
2006. Vol. 24, no 2, 115-131 p.
Keyword [en]
business opportunity: customers; external owners; idea; incubator location; institutional forces
National Category
Social Sciences
URN: urn:nbn:se:liu:diva-33879DOI: 10.1177/0266242606061834Local ID: 19955OAI: diva2:254702
Available from: 2009-10-09 Created: 2009-10-09 Last updated: 2016-05-04

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Klofsten, Magnus
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The Institute of TechnologyDepartment of Management and Economics
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