Legitimation of New Ventures: A Review and Research Programme
Journal
Journal of Management Studies
ISSN
0022-2380
ISSN-Digital
1467-6486
Type
journal article
Date Issued
2014-03
Author(s)
Abstract
Research on how new ventures (NV) achieve legitimacy is fragmented and rests on taken-for-granted assumptions that require problematisation. Following a systematic literature review, I identify five distinct perspectives on NV legitimation: an institutional perspective, a cultural entrepreneurship perspective, an ecological perspective, an impression management perspective, and a social movement perspective. After comparing and contrasting these perspectives, I synthesise them into a generative and integrative typology. Based on this typology, I develop a new research programme. The programme widens the extant scholarship agenda by challenging its shared assumptions and contributes to further integration of the literature by building bridges between perspectives. Implications are discussed for research on new venture legitimation and for research on organizational legitimation more generally.
Language
English
Keywords
Legitimacy
New Ventures
Literature Review
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
Wiley-Blackwell
Publisher place
Oxford
Volume
51
Number
4
Start page
667
End page
698
Pages
32
Subject(s)
Division(s)
Eprints ID
228240