Fish out of water: translation, legitimation, and new venture creation
File(s)AMJ-2015-0264.pre final.docx (962.6 KB)
Accepted version
Author(s)
Tracey, Paul
Dalpiaz, E
Phillips, Nelson
Type
Journal Article
Abstract
We draw on institutional theory to study a common type of new venture creation that has been neglected in the literature: the translation of an existing organizational form from a different—and misaligned—institutional context. To do so, we conducted an in-depth case study of H-Farm, an Italian venture that was founded as a business incubator, a type of organization that first emerged in Silicon Valley and other U.S. technology regions. Our study illuminates the specific configuration of legitimacy pressures inherent in this type of entrepreneurship, and theorizes the strategies that entrepreneurs can enact to address them: local authentication work, category authentication work, and dual optimal distinctiveness work. We also show that the legitimacy pressures experienced by entrepreneurs may vary significantly as ventures mature, and challenge the notion of a specific “legitimacy threshold” that new ventures are required to reach. Finally, our model conceptualizes translation as an iterative, dynamic, and ongoing accomplishment rather than a “one off” activity with clear beginning and end points.
Date Issued
2018-10-01
Date Acceptance
2017-12-18
Citation
Academy of Management Journal, 2018, 61 (5), pp.1627-1666
ISSN
0001-4273
Publisher
Academy of Management
Start Page
1627
End Page
1666
Journal / Book Title
Academy of Management Journal
Volume
61
Issue
5
Copyright Statement
© Academy of Management Journal
Subjects
Social Sciences
Business
Management
Business & Economics
INTERNATIONAL ENTREPRENEURSHIP
INSTITUTIONAL ENTREPRENEURSHIP
MARKET CATEGORIES
IDENTITY
DISTINCTIVENESS
MODEL
ACQUISITION
MANAGEMENT
EMERGENCE
STRATEGY
Business & Management
1503 Business and Management
1505 Marketing
Publication Status
Published
Date Publish Online
2018-01-19