Abstract

We take an organizational legitimacy perspective (Scott, 1997; Zimmerman & Zeitz, 2002) to explore the antecedents to the formation of entrepreneurial ventures’ interorganizational networks in the context of emerging economies. More specifically, we argue that: (H1a) The education level of the entrepreneur; (H1b) Developing a formal business plan; and (H1c) Developing a formal organizational structure, will be positively associated with the diversity of the new venture’s interorganizational network. In addition, we argue that the legitimizing effects will be stronger early in the life of the entrepreneurial venture, such that: The association of (H2a) having a business plan; and (H2b) having a formal organizational structure, with the diversity of the new venture’s interorganizational network will decrease with the age of the new venture.

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