Getting There: Exploring the Role of Expectations and Preproduction Delays in Processes of Organizational Founding

Published Online:https://doi.org/10.1287/orsc.1090.0437

References

  • Aldrich H. E.Organizations Evolving (1999) (Sage Publishing, London) Google Scholar
  • Aldrich H. E., Fiol C. M. Fools rush in? The institutional context of industry creation. Acad. Management Rev. (1994) 19:543–670CrossrefGoogle Scholar
  • Aldrich H. E., Ruef M.Organizations Evolving (2006) (Sage Publications, London) CrossrefGoogle Scholar
  • Aldrich H. E., Zimmer C. R., Staber U. H., Beggs J. J., Baum J., Singh J. Minimalism, mutualism, and maturity: The evolution of the American trade association population in the 20th century. Evolutionary Dynamics of Organizations (1994) (Oxford University Press, New York) 223–239Google Scholar
  • Audia P. G., Rider C. I., Baum R., Baron R., Frese M. Entrepreneurs as organizational products revisited. The Psychology of Entrepreneurship (2006) (Lawrence Erlbaum Associates, Hillsdale, NJ) Google Scholar
  • Axtell R., Axelrod R., Epstein J., Cohen M. Aligning simulation models: A case of study and results. Comput. Math. Organ. Theory (1996) 1(2):123–141CrossrefGoogle Scholar
  • Bar-Ilan A., Strange W. C. Investiment lags. Amer. Econom. Rev. (1996) 86:610–622Google Scholar
  • Barnett W. P. The dynamics of competitive intensity. Admin. Sci. Quart. (1997) 42:128–160CrossrefGoogle Scholar
  • Barnett W. P., Amburgey T. L., Singh J. Do larger organizations generate stronger competition? Organizational Evolution: New Directions (1990) (Sage, Beverly Hills, CA) 78–102Google Scholar
  • Barnett W. P., Sorenson O. The red queen in organizational creation and development. Indust. Corporate Change (2002) 11:289–325CrossrefGoogle Scholar
  • Barron D. N. Pathways to legitimacy among consumer loan providers in New York City, 1914–1934. Organ. Stud. (1998) 19:207–233CrossrefGoogle Scholar
  • Baum J. A. C. The changing basis for competition in organizational populations: The Manhattan hotel industry, 1898–1990. Soc. Forces (1995) 74:277–294CrossrefGoogle Scholar
  • Baum J. A. C., Oliver C. Institutional embeddedness and the dynamics of organizational populations. Amer. Sociol. Rev. (1992) 57:540–559CrossrefGoogle Scholar
  • Baum J. A. C., Korn H. J., Kotha S. Dominant designs and population dynamics in telecommunications services: Founding and failure of facsimile service organizations, 1969–1992. Soc. Sci. Res. (1995) 24:97–135CrossrefGoogle Scholar
  • Budros A. Analyzing unexpected density dependence findings in the U.S. life insurance industry. Organ. Sci. (1994) 3:541–553LinkGoogle Scholar
  • Camerer C., Lovallo D. Overconfidence and excess entry: An experimental approach. Amer. Econom. Rev. (1999) 89:306–318CrossrefGoogle Scholar
  • Carroll G., Hannan M. T.The Demography of Corporations and Industries (2000) (Princeton University Press, Princeton, NJ) CrossrefGoogle Scholar
  • Carroll G., Harrison J. On the historical efficiency of competition between organizational populations. Amer. J. Sociol. (1994) 100:720–749CrossrefGoogle Scholar
  • Carroll G., Khessina O. M., Agrawal R., Alvarez S. A., Sorenson O. The ecology of entrepreneurship. Handbook of Entrepreneurship: Disciplinary Perspectives (2005) (Kluwer, New York) 167–200CrossrefGoogle Scholar
  • Carroll G., Swaminathan A. Why the microbrewery movement? Organizational dynamics of resource partitioning in the U.S. industry. Amer. J. Sociol. (2000) 106(3):715–762CrossrefGoogle Scholar
  • Carroll G. R., Teo A. C. How regulation and globalization affected organizational legitimation and competition among commercial banks in Singapore, 1840–1994. (1998) Presentation, Academy of Management MeetingGoogle Scholar
  • Carroll G. R., Bigelow L. S., Seidel M.-D. L., Tsai L. The fates of de novo and de alio producers in the American automobile industry 1885–1981. Strategic Management J. (1996) 17:117–137CrossrefGoogle Scholar
  • Carroll G. R., Preisendorfer P., Swaminathan A., Wiedenmayer G. Brewing and brauerei: The organizational ecology of brewing. Organ. Stud. (1993) 14:155–188CrossrefGoogle Scholar
  • Cattani G., Pennings J. M., Wezel F. C. Spatial and temporal heterogeneity in founding patterns. Organ. Sci. (2003) 14:670–685LinkGoogle Scholar
  • Cyert R., March J.A Behavioral Theory of the Firm (1963) (Prentice Hall, Englewood Cliffs, NJ) Google Scholar
  • Dacin T. M. Isomorphism in context: The power and prescription of institutional norms. Acad. Management J. (1997) 40:46–81CrossrefGoogle Scholar
  • Davis J. P., Bingham C. B., Eisenhardt K. M. Developing theory through simulation methods. Acad. Management Rev. (2007) 32:480–499CrossrefGoogle Scholar
  • Dixit A. Investment and hysteresis. J. Econom. Perspectives (1992) 6(1):107–132CrossrefGoogle Scholar
  • Dobbin F., Dowd T. How policy shapes competition: Early railroad foundings in Massachusetts. Admin. Sci. Quart. (1997) 42:501–529CrossrefGoogle Scholar
  • Dobrev S. Revisiting organizational legitimation: Cognitive diffusion and sociopolitical factors in the evolution of Bulgarian newspaper enterprises, 1846–1992. Organ. Stud. (2001) 22:419–444CrossrefGoogle Scholar
  • Evans G. W., Honkapohja S.Learning and Expectations in Macroeconomics (2001) (Princeton University Press, Princeton, NJ) CrossrefGoogle Scholar
  • Fairlie R.The Kauffman Index of Entrepreneurial Activity, 1996–2004 (2005) (Ewing Marion Kauffman Foundation, Kansas City, MO) CrossrefGoogle Scholar
  • Fairlie R.The Kauffman Index of Entrepreneurial Activities, State Report 2005 (2006) (Ewing Marion Kauffman Foundation, Kansas City, MO) Google Scholar
  • Fiet J. O. The informational basis for entrepreneurial discovery. Small Bus. Econom. (1996) 8:419–430CrossrefGoogle Scholar
  • Forrester J. W., Senge P. M. Tests for building confidence in system dynamics models. TIMS Stud. Management Sci. (1980) 14:209–229Google Scholar
  • Freeman J. H., Libecap G. Entrepreneurs as organizational products: Semiconductor firms and venture capital firms. Advances in the Study of Entrepreneurship, Innovation, and Economic Growth (1986) (JAI Press, Greenwich, CT) 33–58Google Scholar
  • Gavetti G., Levinthal D. Looking forward and looking backward: Cognitive and experiential search. Admin. Sci. Quart. (2000) 45:113–137CrossrefGoogle Scholar
  • Ghemawat P. Capacity expansion in the titanium dioxide industry. J. Indust. Econom. (1984) 33:145–163CrossrefGoogle Scholar
  • Greve H. R. Performance aspirations and risky organizational change. Admin. Sci. Quart. (1998) 44:58–86CrossrefGoogle Scholar
  • Greve H. R. Sticky aspirations: Organizational time perspective and competitiveness. Organ. Sci. (2002) 13:1–17LinkGoogle Scholar
  • Greve H. R.Organizational Learning from Performance Feedback (2003) (Cambridge University Press, Cambridge, MA) CrossrefGoogle Scholar
  • Greve H., Pozner J.-E., Rao H. Vox populi: Resource partitioning, organizational proliferation and the cultural impact of the insurgent micro-radio movement. Amer. J. Sociol. (2006) 112:802–837CrossrefGoogle Scholar
  • Hannan M. T. Inertia, density and the structure of organizational populations: Entries in European automobile industries, 1886–1981. Organ. Stud. (1997) 18:193–228CrossrefGoogle Scholar
  • Hannan M. T., Carroll G.Dynamics of Organizational Populations, Density, Legitimation, and Competition (1992) (Oxford University Press, New York) Google Scholar
  • Hannan M. T., Freeman J. H. The population ecology of organizations. Amer. J. Sociol. (1977) 82:929–964CrossrefGoogle Scholar
  • Hannan M. T., Freeman J. H.Organizational Ecology (1989) (Harvard University Press, Cambridge, MA) CrossrefGoogle Scholar
  • Hannan M. T., Carroll G., Dundon E., Torres J. Organizational evolution in a multinational context: Entries of automobile manufacturers in Belgium, Britain, France, Germany, and Italy. Amer. Sociol. Rev. (1995) 60:509–528CrossrefGoogle Scholar
  • Hanneman R. A., Collins R., Mordt G. Discovering theory dynamics by computer: Experiments on state legitimacy and imperialist capitalism. Sociol. Methodology (1995) 25:1–46CrossrefGoogle Scholar
  • Harrison R. J., Lin Z., Carroll G. R., Carley K. M. Simulation modeling in organizational and management research. Acad. Management Rev. (2007) 32:1199–1228CrossrefGoogle Scholar
  • Hayward M. L. A., Shepherd D. A., Griffin D. A hubris theory of entrepreneurship. Management Sci. (2006) 52(2):160–172LinkGoogle Scholar
  • Hsu G. Jacks of all trades and masters of none: Audiences' reactions to spanning genres in feature film production. Admin. Sci. Quart. (2006) 51:420–450CrossrefGoogle Scholar
  • Hsu G., Hannan M. T. Identities, genres, and organizational forms. Organ. Sci. (2005) 16:474–490LinkGoogle Scholar
  • Ingram P., Inman C. Institutions, intergroup competition, and the evolution of hotel populations around Niagara falls. Admin. Sci. Quart. (1996) 41:629–658CrossrefGoogle Scholar
  • Ingram P., Rao H. Store wars: The enactment and repeal of anti-chain legislation in the United States. Amer. J. Sociol. (2004) 110:446–487CrossrefGoogle Scholar
  • Jovanovic B. The pre-producers. (2004) . NBER Working Paper W10771CrossrefGoogle Scholar
  • Just R. Estimation of an adaptive expectations model. Internat. Econom. Rev. (1977) 18(3):629–644CrossrefGoogle Scholar
  • Klepper S., Graddy E. The evolution of new industries and the determinants of market structure. RAND J. Econom. (1990) 21:27–44CrossrefGoogle Scholar
  • Koeva P. Facts about time to build. (2000) . Working paper 00/138, International Monetary Fund, Washington, D.C.Google Scholar
  • Kuilman J., Li J. T. The organizers' ecology: An empirical study of foreign banks in Shanghai. Organ. Sci. (2006) 17(3):385–401LinkGoogle Scholar
  • Lant T. K. Aspiration level adaptation: An empirical exploration. Management Sci. (1992) 38(5):623–644LinkGoogle Scholar
  • Levinthal D., Lomi A., Larsen E. R. Modeling adaptation on rugged landscapes. Dynamics of Organizations: Computational Modeling and Organizational Theories (2001) (AAAI Press–MIT Press, Menlo Park, CA; Cambridge, MA) 329–348Google Scholar
  • Levinthal D., March J. G. A model of adaptive organizational search. J. Econom. Behav. Organ. (1981) 2:307–333CrossrefGoogle Scholar
  • Levitt B., March J. G. Organizational learning. Annual Rev. Sociol. (1988) 14:319–340CrossrefGoogle Scholar
  • Lomi A. The population ecology of organizational founding: Location dependence and unobserved heterogeneity. Admin. Sci. Quart. (1995) 40:111–144CrossrefGoogle Scholar
  • Lomi A. Density dependence and spatial duality in organizational founding rates of Danish commercial banks, 1946–1989. Organ. Stud. (2000) 21(2):433–461CrossrefGoogle Scholar
  • Lomi A., Larsen E. R.Dynamics of Organizations: Computational Modeling and Organizational Theories (2001) (AAAI Press–MIT Press, Menlo Park, CA; Cambridge, MA) Google Scholar
  • Lomi A., Larsen E. R., Freeman J. H. Things change: Dynamic resource constraints ad systems-dependent selection in the evolution of organizational populations. Management Sci. (2005) 51:882–903LinkGoogle Scholar
  • Lowe R. A., Ziedonis A. A. Overoptimism and the performance of entrepreneurial firms. Management Sci. (2006) 52:173–186LinkGoogle Scholar
  • Majd S., Pindyck R. S. Time to build, option value, and investment decisions. J. Financial Econom. (1987) 18:7–27CrossrefGoogle Scholar
  • March J. G., Lomi A., Larsen E. R. Foreword. Dynamics of Organizations: Computational Modeling and Organizational Theories (2001) (AAAI Press–MIT Press, Menlo Park, CA; Cambridge, MA) ix–xviiCrossrefGoogle Scholar
  • March J. G., Simon H.Organizations (1958) (Wiley, New York) Google Scholar
  • Messalam A. The organizational ecology of investment firms in Egypt: Organizational founding. Organ. Stud. (1998) 19:23–46CrossrefGoogle Scholar
  • Parker S. C. Learning about the unknown: How fast do entrepreneurs adjust their beliefs? J. Bus. Venturing (2006) 21:1–26CrossrefGoogle Scholar
  • Prietula M., Carley K., Gasser S.Simulating Organizations (1998) (AAAI Press–MIT Press, Menlo Park, CA; Cambridge, MA) Google Scholar
  • Ranger-Moore J., Banaszak-Holl J., Hannan M. T. Density dependence in regulated industries: Founding rates of banks and life insurance companies. Admin. Sci. Quart. (1991) 36:36–65CrossrefGoogle Scholar
  • Ruef M. For whom the bell tolls: Ecological perspectives on industrial decline and resurgence. Indust. Corporate Change (2004) 13:61–89CrossrefGoogle Scholar
  • Ruef M. Origins of organizations: The entrepreneurial process. Res. Sociol. Work (2005) 15:63–100CrossrefGoogle Scholar
  • Ruef M. Boom and bust: The effect of entrepreneurial inertia on organizational populations. Adv. Strategic Management (2006) 23:29–72CrossrefGoogle Scholar
  • Ruef M., Aldrich H., Carter N. The structure of founding teams: Homophily, strong ties, and isolation among U.S. entrepreneurs. Amer. Sociol. Rev. (2003) 68:195–222CrossrefGoogle Scholar
  • Schoonhoven C. B., Eisenhardt K. M., Lyman K. Speeding products to market: Waiting time to first product introduction in new firm. Admin. Sci. Quart. (1990) 35:177–207CrossrefGoogle Scholar
  • Shane S. A. Prior knowledge and the discovery of entrepreneurial opportunities. Organ. Sci. (2000) 448–469LinkGoogle Scholar
  • Shane S., Venkatraman S. The promise of entrepreneurship as a field of research. Acad. Management Rev. (2000) 25:217–226Google Scholar
  • Sørensen J. B. Recruitment-based competition between industries: A community ecology. Indust. Corporate Change (2004) 13:149–170CrossrefGoogle Scholar
  • Sørensen J. B., Sorenson O. From conception to birth: Opportunity, perception and resource mobilization in entrepreneurship. Adv. Strategic Management (2003) 20:89–117CrossrefGoogle Scholar
  • Sorenson O. The effect of population level learning on market entry: The American automobile industry. Soc. Sci. Res. (2000) 29:307–326CrossrefGoogle Scholar
  • Sorenson O., Audia P. The social structure of entrepreneurial activity: Geographic concentration of footwear production in the U.S., 1940–1989. Amer. J. Sociol. (2000) 106:324–362CrossrefGoogle Scholar
  • Sterman J.Business Dynamics (2000) (Irwin/McGraw-Hill, Boston) Google Scholar
  • Stuart T., Sørensen J. Liquidity events and the geographic distribution of entrepreneurial activity. Admin. Sci. Quart. (2003) 48:175–201CrossrefGoogle Scholar
  • Thornton D. L. Maximum likelihood estimates of a partial adjustment-adaptive expectations model of the demand for money. Rev. Econom. Statist. (1982) 64:325–329CrossrefGoogle Scholar
  • Wade J. B., Swaminathan A., Saxon M. S. Normative and resource flow consequences of local regulations in the American brewing industry, 1845–1918. Admin. Sci. Quart. (1998) 43:905–935CrossrefGoogle Scholar
  • West E. Organization building in the wake of ethnic conflict: A comparison of three ethnic groups. Soc. Forces (1995) 73:1333–1363CrossrefGoogle Scholar
  • Wezel F. C. Location-dependence and industry evolution: Founding rates in the United Kingdom motorcycle industry, 1895–1993. Organ. Stud. (2005) 26:729–754CrossrefGoogle Scholar
  • Wezel F. C., Lomi A. The organizational advantage of nations: An ecological perspective on the evolution of the motorcycle industry in Belgium, Italy and Japan, 1894–1993. Adv. Strategic Management (2003) 20:359–392Google Scholar
  • Winter S. G., Singh J. Survival, selection, and inheritance in evolutionary theories of organizations. Organizational Evolution: New Directions (1990) (Sage Publishing, Newbury Park, CA) 269–297Google Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.