The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
Outside directors' industry‐specific experience and firms' liability of newness
Abstract
This study makes a contribution to the growing literature on the board's resource provision role by examining a specific type of resource provision (i.e., industry experience supplementing) and demonstrating the criticality of the liabilities of newness to this particular role. In this study, we find that among younger entrepreneurial firms, a dearth of top management industry experience is offset by the presence of outside directors with significant managerial industry experience, providing evidence of experience supplementing by outside directors. Our study highlights that the notion of experience supplementing at the upper echelons prevails in young firms as they try to alleviate the burdens of the liability of newness. Experience supplementing underscores board‐management collaboration during early years of firm development. Copyright © 2008 John Wiley & Sons, Ltd.
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Cites
Agency Theory: An Assessment and Review
Eisenhardt, K. M. (1989) · The Academy of Management Review · doi:10.5465/amr.1989.4279003 · Cited by 13,338
Social Capital, Intellectual Capital, and the Organizational Advantage
Nahapiet, J., & Ghoshal, S. (1998) · The Academy of Management Review · doi:10.2307/259373 · Cited by 7,111
Social Structure and Organizations
Stinchcombe, A. L. (2004) · Advances in Strategic Management · doi:10.1016/s0742-3322(00)17019-6 · Cited by 4,347
Eisenhardt, K. M., & Schoonhoven, C. B. (1996) · Organization Science · doi:10.1287/orsc.7.2.136 · Cited by 2,672
Cited by
Board Composition Beyond Independence: Social Capital, Human Capital, and Demographics
Johnson, S. G., Schnatterly, K., & Hill, A. D. (2013) · Journal of Management · doi:10.1177/0149206312463938 · Cited by 616
Entrepreneurial Team Composition Characteristics and New Venture Performance: A Meta–Analysis
Jin, L., Madison, K., Kraiczy, N. D., Kellermanns, F. W., Crook, T. R., & Xi, J. (2017) · Entrepreneurship Theory and Practice · doi:10.1111/etap.12232 · Cited by 339
Park, Y., Fiss, P. C., & El Sawy, O. A. (2020) · MIS Quarterly · doi:10.25300/misq/2020/13879 · Cited by 300
Hambrick, D. C., Misangyi, V. F., & Park, C. A. (2015) · Academy of Management Review · doi:10.5465/amr.2014.0066 · Cited by 265
Self-citationMittal, V., & Raman, T. V. (2021) · World Journal of Entrepreneurship, Management and Sustainable Development · doi:10.1108/wjemsd-07-2020-0089 · Cited by 32
Metadata
- Authors
- Kor, Y. Y., & Misangyi, V. F.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 2008-09-19
- Volume
- 29
- Issue
- 12
- Pages
- 1345-1355
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W2076608276
- Cited by
- 348
- References
- 4
- FWCI
- 20.84
- Type
- journal article
- Language
- en
- Open access
- closed
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- Kor, Y. Y., & Misangyi, V. F. (2008). Outside directors' industry‐specific experience and firms' liability of newness. Strategic Management Journal. https://doi.org/10.1002/smj.709
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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