EXPLORING THE SOCIOCULTURAL DETERMINANTS OF DE NOVO VERSUS DE ALIO ENTRY IN EMERGING INDUSTRIES

被引:113
作者
York, Jeffrey G. [1 ]
Lenox, Michael J. [2 ]
机构
[1] Univ Colorado, Leeds Sch Business, Boulder, CO 80301 USA
[2] Univ Virginia, Darden Grad Sch Business, Charlottesville, VA USA
关键词
de novo entry; social norms; institutional environment; sociocultural environment; environmental entrepreneurship; green building; AMERICAN AUTOMOBILE-INDUSTRY; SUSTAINABLE ENTREPRENEURSHIP; DECENTRALIZED INSTITUTIONS; ORGANIZATIONAL MORTALITY; UNITED-STATES; MOVEMENT; DYNAMICS; MARKET; AGE; PRODUCERS;
D O I
10.1002/smj.2187
中图分类号
F [经济];
学科分类号
02 ;
摘要
The influence of institutional factors on firm entry has long interested strategy scholars. However, we have limited understanding of how the sociocultural environment, defined as the unwritten, decentralized rules of the game, influences founding rates in emergent industries; we know even less about how these noneconomic factors differentially influence entry by new entrepreneurial (de novo) firms versus diversifying incumbent (de alio) firms. Utilizing a unique dataset on entry in the green building supply industry, we find that, while economic and policy factors are highly correlated with de alio entry, the sociocultural environment exerts a greater influence on de novo firms. Our findings contribute to the literature on corporate demography, institutions and entrepreneurship, and industry emergence. Copyright (c) 2013 John Wiley & Sons, Ltd.
引用
收藏
页码:1930 / 1951
页数:22
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