Achieving Minimal Consensus for New Industries: Bringing Isomorphism Back in
ISBN: 978-1-78635-432-7, eISBN: 978-1-78635-431-0
Publication date: 16 December 2016
Abstract
During industry emergence, what we call the proto-industry phase, the lack of agreement about legitimate organizational forms between audiences and firms is a key problem. We develop an ecological model of emerging institutional pressures among audiences and firms during the emergence of new industries to understand these challenges. We develop a theoretical framework that includes mimetic, normative, and coercive pressures, deriving propositions linking them with survival and growth. We use simulation methodology to test these propositions, finding strong support for these predictions. We close by exploring some conclusions and implications of our model for both theory and practice.
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Acknowledgements
Acknowledgments
The authors would like to thank Gino Cattani and Elizabeth Boyle for discussions related to the ideas developed in this paper. We also would like to thank John Mezias, Tan Wang, Filippo Carlo Wezel, and participants of an INSEAD research seminar, the Darden Entrepreneurship and Innovation Research Conference at the University of Virginia, the Atlanta Competitive Advantage Conference, the Annual Conference of the Academy of Innovation and Entrepreneurship (AIE) held at the School of Economics and Management of Tsinghua University, the Entrepreneurship Research Exemplars Conference held at the Fisher College of Business of Ohio State University, the SMS Special Conference at Lake Geneva, the India Strategy Conference at the Indian School of Business (ISB) and the INSEAD Abu Dhabi Socioeconomic Research Conference for many helpful comments and the Abu Dhabi Education Council which has supported this research.
Citation
Mezias, S.J. and Schloderer, F. (2016), "Achieving Minimal Consensus for New Industries: Bringing Isomorphism Back in", How Institutions Matter! (Research in the Sociology of Organizations, Vol. 48B), Emerald Group Publishing Limited, Leeds, pp. 145-171. https://doi.org/10.1108/S0733-558X201600048B004
Publisher
:Emerald Group Publishing Limited
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