An Ethnographic Study of New Venture and New Sector Legitimation: Evidence from Moldova

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Resumé


This study explores the process of legitimation of international new ventures from an emerging economy and the effect such ventures have on the process of creation and legitimation of a new industry in that economy. It is a longitudinal ethnographic case study. Following an inductive theory building approach, data were collected over an eleven year period via in-depth interviews, participant observations, and unobtrusive data. The study puts forward a process model of new industry legitimation. The model theorizes the process of change from an initial condition in which an industry does not exist to a final condition in which it is institutionalized. The model addresses the case where the initial catalyst is the formation of an international new venture that is the seed for the birth of the industry. Since both the new venture and the new industry lack cognitive and socio-political legitimacies, the model theorizes temporal emergence of these at organizational and industry levels, leading ultimately to institutionalization. The authors advocate for further research at the intersection between legitimation, international entrepreneurship and emerging markets in order to further advance the emergent theory.
OriginalsprogEngelsk
TidsskriftInternational Journal of Emerging Markets
Vol/bind11
Udgave nummer1
Sider (fra-til)72 - 88
ISSN1746-8809
DOI
StatusUdgivet - jan. 2016

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New ventures
Industry
Legitimation
International new ventures
Longitudinal case study
Participant observation
Process model
Emerging economies
Catalyst
Emerging markets
In-depth interviews
Theory building
International entrepreneurship
Venture
Institutionalization
Initial conditions

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    title = "An Ethnographic Study of New Venture and New Sector Legitimation: Evidence from Moldova",
    abstract = "This study explores the process of legitimation of international new ventures from an emerging economy and the effect such ventures have on the process of creation and legitimation of a new industry in that economy. It is a longitudinal ethnographic case study. Following an inductive theory building approach, data were collected over an eleven year period via in-depth interviews, participant observations, and unobtrusive data. The study puts forward a process model of new industry legitimation. The model theorizes the process of change from an initial condition in which an industry does not exist to a final condition in which it is institutionalized. The model addresses the case where the initial catalyst is the formation of an international new venture that is the seed for the birth of the industry. Since both the new venture and the new industry lack cognitive and socio-political legitimacies, the model theorizes temporal emergence of these at organizational and industry levels, leading ultimately to institutionalization. The authors advocate for further research at the intersection between legitimation, international entrepreneurship and emerging markets in order to further advance the emergent theory.",
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    An Ethnographic Study of New Venture and New Sector Legitimation : Evidence from Moldova. / Turcan, Romeo V.; Fraser, Norman.

    I: International Journal of Emerging Markets, Bind 11, Nr. 1, 01.2016, s. 72 - 88.

    Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

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