Institutional Forces: The Invisible Hand that Shapes Venture Ideas

, 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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Description

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.

Impact and interest:

82 citations in Scopus
59 citations in Web of Science®
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ID Code: 2079
Item Type: Contribution to Journal (Journal Article)
Refereed: Yes
ORCID iD:
Davidsson, Perorcid.org/0000-0002-6363-1382
Measurements or Duration: 17 pages
Keywords: Business Opportunity, Customers, External Owners, Idea, Incubator Location, Institutional Forces
DOI: 10.1177/0266242606061834
ISSN: 0266-2426
Pure ID: 33887602
Divisions: Past > QUT Faculties & Divisions > QUT Business School
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Copyright Owner: Consult author(s) regarding copyright matters
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Deposited On: 23 Jan 2008 00:00
Last Modified: 13 Mar 2025 07:22