scispace - formally typeset
Journal ArticleDOI

Beyond Survival: Achieving New Venture Growth by Building Legitimacy

Monica A. Zimmerman, +1 more
- 01 Jul 2002 - 
- Vol. 27, Iss: 3, pp 414-431
TLDR
In this paper, the authors argue that legitimacy is an important resource for gaining other resources, and that such resources are crucial for new venture growth and that legitimacy can be enhanced by the strategic actions of new ventures.
Abstract
In this article we argue that (1) legitimacy is an important resource for gaining other resources, (2) such resources are crucial for new venture growth, and (3) legitimacy can be enhanced by the strategic actions of new ventures. We review the impact of legitimacy on new ventures as well as sources of legitimacy for new ventures, present strategies for new ventures to acquire legitimacy, explore the process of building legitimacy in the new venture, and examine the concept of the legitimacy threshold.

read more

Citations
More filters
Journal ArticleDOI

The Dynamics of Crowdfunding: Determinants of Success and Failure

TL;DR: This article found that personal networks and underlying project quality are associated with the success of crowdfunding efforts, and that geography is related to both the type of projects proposed and successful fundraising, while the vast majority of founders seem to fulfill their obligations to funders, but that over 75% deliver products later than expected, with the degree of delay predicted by the level and amount of funding a project receives.

The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields (Chinese Translation)

TL;DR: In this article, the authors argue that rational actors make their organizations increasingly similar as they try to change them, and describe three isomorphic processes-coercive, mimetic, and normative.
Journal ArticleDOI

How actors change institutions : Towards a theory of institutional entrepreneurship

TL;DR: In this article, the authors present theoretical and definitional issues associated with the concept and propose a conceptual account of institutional entrepreneurship that helps to accommodate them, and highlight future directions for research on institutional entrepreneurship, and conclude with a discussion of its role in strengthening institutional theory as well as in the field of organization studies.
Journal ArticleDOI

The dynamics of crowdfunding: An exploratory study

TL;DR: This article found that personal networks and underlying project quality are associated with the success of crowdfunding efforts, and that geography is related to both the type of projects proposed and successful fundraising, while the vast majority of founders seem to fulfill their obligations to funders, but that over 75% deliver products later than expected, with the degree of delay predicted by the level and amount of funding a project receives.
Journal ArticleDOI

Analyzing the functional dynamics of technological innovation systems: A scheme of analysis

TL;DR: In this paper, a functional approach to analyzing innovation system dynamics is proposed for policy makers to identify the key policy issues and set policy goals, based on previous literature and their own experience in developing and applying functional thinking.
References
More filters
Book ChapterDOI

The iron cage revisited institutional isomorphism and collective rationality in organizational fields

TL;DR: In this paper, the authors argue that rational actors make their organizations increasingly similar as they try to change them, and describe three isomorphic processes-coercive, mimetic, and normative.
Journal ArticleDOI

Institutionalized Organizations: Formal Structure as Myth and Ceremony

TL;DR: Many formal organizational structures arise as reflections of rationalized institutional rules as discussed by the authors, and the elaboration of such rules in modern states and societies accounts in part for the expansion and i...
Book

The competitive advantage of nations

TL;DR: The Need for a New Paradigm as discussed by the authors is the need for a new paradigm for the competitive advantage of companies in global industries, as well as the dynamics of national competitive advantage.
Journal ArticleDOI

Managing Legitimacy: Strategic and Institutional Approaches

TL;DR: This article synthesize the large but diverse literature on organizational legitimacy, highlighting similarities and disparities among the leading strategic and institutional approaches, and identify three primary forms of legitimacy: pragmatic, based on audience self-interest; moral, based upon normative approval; and cognitive, according to comprehensibility and taken-for-grantedness.
Book

The Social Construction of Reality

TL;DR: Scheleris et al. as mentioned in this paper proposed a sociologijos disciplinos raida, which is a discipline for sociologists to discipline themselves in the discipline of social sciences.
Related Papers (5)