Abstract

In the new venture literature, two research streams have sought to explain why some new ventures emerge as organizations and other do not. In one stream, researchers have found that organizational emergence can be explained by the knowledge resources that the venture’s founder(s) bring to the venture such as past industry and startup experience (Delmar & Shane, 2006; Minniti & Bygrave, 2001; Stuart & Abetti, 1990). In the other stream, researchers have used institutional theory to explain organizational emergence. Researchers have not, however, examined the impacts of founders’ knowledge resources and institutionalization actions together. This study examines the impacts of founders’ knowledge resources and institutionalization actions on organizational emergence. Specifically, we first will determine the relative contributions of knowledge resources and institutionalization actions; we will then examine whether an interaction of founders’ knowledge resources and institutionalization actions might be related to the likelihood of organizational emergence.

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