Exploring the sociocultural determinants of de novo versus de alio entry in emerging industries
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 ev...
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Veröffentlicht in: | Strategic management journal 2014-12, Vol.35 (13), p.1930-1951 |
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container_end_page | 1951 |
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container_issue | 13 |
container_start_page | 1930 |
container_title | Strategic management journal |
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creator | York, Jeffrey G. Lenox, Michael J. |
description | 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 entrepreneur ship, and industry emergence. |
doi_str_mv | 10.1002/smj.2187 |
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Mgmt. J</addtitle><description>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 entrepreneur ship, and industry emergence.</description><subject>Correlation analysis</subject><subject>de novo entry</subject><subject>Decentralization</subject><subject>Demography</subject><subject>Economic regulation</subject><subject>Entrepreneurs</subject><subject>Entrepreneurship</subject><subject>environmental entrepreneurship</subject><subject>Environmental regulation</subject><subject>Environmental sociology</subject><subject>Environmentalism</subject><subject>Game theory</subject><subject>green building</subject><subject>Green buildings</subject><subject>Industry</subject><subject>Influence</subject><subject>institutional environment</subject><subject>Institutions</subject><subject>LEED certification</subject><subject>Market entry</subject><subject>Normativity</subject><subject>Renewable energy</subject><subject>Social norms</subject><subject>sociocultural environment</subject><subject>Strategic management</subject><subject>Studies</subject><subject>Work environment</subject><issn>0143-2095</issn><issn>1097-0266</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2014</creationdate><recordtype>article</recordtype><recordid>eNp10Mtq3DAUBmARWsg0KeQFCoJuunGiiy1ZyzLNpc00WfSS7IRGOk41taWJJKeZt6-HCQkUujo66OPn8CN0RMkxJYSd5GF1zGgr99CMEiUrwoR4hWaE1rxiRDX76E3OK0Kmp1IzpE8f131MPtzh8gtwjtZHO_ZlTKbHDgqkwQcTSsaxm3Yc4kPED5DymLer6X3EEEraYB8wDJDutlE-uDGX5CEfoted6TO8fZoH6MfZ6ff5RbW4Pv88_7iobN0QWRnqmGtdC8p2NeWOCceshM51Qqp2KVnTiWbpWO1qC2ZZC-OM4R2lRrWW1YwfoA-73HWK9yPkogefLfS9CRDHrKlginMhGJ_o-3_oKo4pTNdNirZUKtKIl0CbYs4JOr1OfjBpoynR26b11LTeNj3Rakf_-B42_3X629cvT_7dzq9yienZ17xVUvL2Jc_nAo_P_yb91kJy2eibq3P9aXF58_Pylug5_wsMUJnH</recordid><startdate>201412</startdate><enddate>201412</enddate><creator>York, Jeffrey G.</creator><creator>Lenox, Michael J.</creator><general>John Wiley & Sons, Ltd</general><general>John Wiley & Sons</general><general>Wiley Periodicals Inc</general><scope>BSCLL</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>201412</creationdate><title>Exploring the sociocultural determinants of de novo versus de alio entry in emerging industries</title><author>York, Jeffrey G. ; Lenox, Michael J.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c4507-a1d2d8d8e9cf413d26d2c7efdf6798b725f65bd24d4ceab46adaa3f11a98c2423</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2014</creationdate><topic>Correlation analysis</topic><topic>de novo entry</topic><topic>Decentralization</topic><topic>Demography</topic><topic>Economic regulation</topic><topic>Entrepreneurs</topic><topic>Entrepreneurship</topic><topic>environmental entrepreneurship</topic><topic>Environmental regulation</topic><topic>Environmental sociology</topic><topic>Environmentalism</topic><topic>Game theory</topic><topic>green building</topic><topic>Green buildings</topic><topic>Industry</topic><topic>Influence</topic><topic>institutional environment</topic><topic>Institutions</topic><topic>LEED certification</topic><topic>Market entry</topic><topic>Normativity</topic><topic>Renewable energy</topic><topic>Social norms</topic><topic>sociocultural environment</topic><topic>Strategic management</topic><topic>Studies</topic><topic>Work environment</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>York, Jeffrey G.</creatorcontrib><creatorcontrib>Lenox, Michael J.</creatorcontrib><collection>Istex</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Strategic management journal</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>York, Jeffrey G.</au><au>Lenox, Michael J.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Exploring the sociocultural determinants of de novo versus de alio entry in emerging industries</atitle><jtitle>Strategic management journal</jtitle><addtitle>Strat. Mgmt. J</addtitle><date>2014-12</date><risdate>2014</risdate><volume>35</volume><issue>13</issue><spage>1930</spage><epage>1951</epage><pages>1930-1951</pages><issn>0143-2095</issn><eissn>1097-0266</eissn><coden>SMAJD8</coden><abstract>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 entrepreneur ship, and industry emergence.</abstract><cop>Chichester, UK</cop><pub>John Wiley & Sons, Ltd</pub><doi>10.1002/smj.2187</doi><tpages>22</tpages></addata></record> |
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subjects | Correlation analysis de novo entry Decentralization Demography Economic regulation Entrepreneurs Entrepreneurship environmental entrepreneurship Environmental regulation Environmental sociology Environmentalism Game theory green building Green buildings Industry Influence institutional environment Institutions LEED certification Market entry Normativity Renewable energy Social norms sociocultural environment Strategic management Studies Work environment |
title | Exploring the sociocultural determinants of de novo versus de alio entry in emerging industries |
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