The DOI matches its Crossref record; 6 of the 6 references it cites were found in a registry or an index.
Institutional forces and the written business plan
Abstract
In this study, we examined factors that led nascent organizations to write business plans, following 396 nascent entrepreneurs during a two-year period. We examined both the production and the outcomes of written business plans produced in nascent organizations. Our findings show that institutional variables, such as coercion and mimetic forces, are important predictors influencing the propensity of new organizations to write business plans. Our results are contrary to rationalist predictions of planning-performance, and are more in line with institutional predictions. Interestingly there was no evidence to support positive outcomes, in terms of profitability, for those nascent organizations that produced business plans during a two-year initial period. We discuss the implications for institutional theory and studies of nascent businesses, as well as for the literature on business planning.
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Managing Legitimacy: Strategic and Institutional Approaches
Suchman, M. C. (1995) · The Academy of Management Review · doi:10.2307/258788 · Cited by 19,903
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Portes, A. (1998) · Annual Review of Sociology · doi:10.1146/annurev.soc.24.1.1 · Cited by 12,037 · cited 1×
“Social capital refers to the ability of actors to extract benefits from their social structures, networks, and memberships (Lin, Ensel & Vaughn, 1981; Portes, 1998).”
BackgroundStrategic Responses to Institutional Processes
Oliver, C. (1991) · The Academy of Management Review · doi:10.5465/amr.1991.4279002 · Cited by 8,950
Social Structure and Organizations
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Exploring start-up event sequences
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Cited by
Digital Entrepreneurship: Toward a Digital Technology Perspective of Entrepreneurship
Nambisan, S. (2017) · Entrepreneurship Theory and Practice · doi:10.1111/etap.12254 · Cited by 2,771
Martin, B. C., McNally, J. J., & Kay, M. J. (2013) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2012.03.002 · Cited by 1,565
“More distally, it has also been shown that training entrepreneurs in business planning, which is often a key aspect of entrepreneurship education and training programs, can be negatively related to entrepreneurial performance (Honig and Karlsson, 2004; Honig and Samulsson, 2008).”
BackgroundThompson, E. R. (2009) · Entrepreneurship Theory and Practice · doi:10.1111/j.1540-6520.2009.00321.x · Cited by 1,306
30 years after Bayh–Dole: Reassessing academic entrepreneurship
Grimaldi, R., Kenney, M., Siegel, D. S., & Wright, M. (2011) · Research Policy · doi:10.1016/j.respol.2011.04.005 · Cited by 913
Entrepreneurship Education: Toward a Model of Contingency-Based Business Planning
Honig, B. (2004) · Academy of Management Learning & Education · doi:10.5465/amle.2004.14242112 · Cited by 874
Self-citation
Metadata
- Authors
- Honig, B., & Karlsson, T.
- Venue
- Journal of Management
- Publisher
- SAGE Publications
- Published
- 2004-02
- Volume
- 30
- Issue
- 1
- Pages
- 29-48
- ISSN
- 0149-2063 (ISSN-L)
- 1557-1211
- OpenAlex
- W2129760828
- Cited by
- 469
- References
- 6
- FWCI
- 15.73
- Type
- journal article
- Language
- en
- Open access
- closed
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