Disentangling the Multiple Effects of Affiliate Reputation on Resource Attraction in New Firms

References

• Aldrich H, Ruef M (2006) Organizations Evolving, 2nd ed. (Sage, London).Crossref, Google Scholar
• Ambos TC, Birkinshaw J (2010) How do new ventures evolve? An inductive study of archetype changes in science-based ventures. Organ. Sci. 21(6):1125–1140.Link, Google Scholar
• Ballinger GA (2004) Using generalized estimating equations for longitudinal data analysis. Organ. Res. Methods 7(2):127–150.Crossref, Google Scholar
• Barnett ML, Pollock TG (2012) Charting the landscape of corporate reputation research. Barnett ML, Pollock TG, eds. The Oxford Handbook of Corporate Reputation (Oxford University Press, Oxford, UK), 1–15.Crossref, Google Scholar
• Barnett ML, Jermier JM, Lafferty BA (2006) Corporate reputation: The definitional landscape. Corporate Reputation Rev. 9(1): 26–38.Crossref, Google Scholar
• Baron JN, Hannan MT, Burton MD (2001) Labor pains: Change in organizational models and employee turnover in young, high-tech firms. Amer. J. Sociol. 106(4):960–1012.Crossref, Google Scholar
• Barron OE, Kim O, Lim SC, Stevens DE (1998) Using analysts’ forecasts to measure properties of analysts’ information environment. Accounting Rev. 73(4):421–433.Google Scholar
• Beckman CM, Burton MD, O’Reilly C (2007) Early teams: The impact of team demography on VC financing and going public. J. Bus. Venturing 22(2):147–173.Crossref, Google Scholar
• Benson A, Sojourner AJ, Umyarov A (2015) Can reputation discipline the gig economy? Experimental evidence from an online labor market. IZA Discussion Papers 9501, Institute for the Study of Labor, Berlin.Google Scholar
• Bergh DD, Connelly BL, Ketchen DJ, Shannon LM (2014) Signalling theory and equilibrium in strategic management research: An assessment and a research agenda. J. Management Stud. 51(8): 1334–1360.Crossref, Google Scholar
• Bergh DD, Ketchen DJ, Boyd BK, Bergh J (2010) New frontiers of the reputation-performance relationship: Insights from multiple theories. J. Management 36(3):620–632.Crossref, Google Scholar
• Bitektine A (2011) Toward a theory of social judgments of organizations: The case of legitimacy, reputation, and status. Acad. Management Rev. 36(1):151–179.Crossref, Google Scholar
• Boyd BK, Bergh DD, Ketchen DJ (2010) Reconsidering the reputation-performance relationship: A resource-based view. J. Management 36(3):588–609.Google Scholar
• Buyens D, De Schamphelaere V, Verbrigghe J, Verhaeghe S (2013) It remains quite a challenge to fill vacancies. Accessed November 10, 2016, http://www.vlerick.com/en/research-and-faculty/knowledge-items/knowledge/it-remains-quite-a-challenge-to-fill-vacancies.Google Scholar
• Cardon MS, Stevens CE (2004) Managing human resources in small organizations: What do we know? Human Resources Management Rev. 14(3):295–323.Crossref, Google Scholar
• Carson SJ, Madhok A, Varman R, John G (2003) Information processing moderators of the effectiveness of trust-based governance in interfirm R&D collaboration. Organ. Sci. 14(1):45–56.Link, Google Scholar
• Cohen WM, Levinthal DA (1990) Absorptive capacity: A new perspective on learning and innovation. Admin. Sci. Quart. 35(1): 128–152.Crossref, Google Scholar
• Cook DO, Kieschnick R, Van Ness RA (2006) On the marketing of IPOs. J. Financial Econom. 82(1):35–61.Crossref, Google Scholar
• Cooper AC, Gimeno FJ, Woo CY (1994) Initial human and financial capital as predictors of new venture performance. J. Bus. Venturing 9(5):371–395.Crossref, Google Scholar
• Cosh A, Cumming D, Hughes A (2009) Outside entrepreneurial capital. Econom. J. 119(540):1494–1533.Google Scholar
• Croce A, Martí J, Murtinu S (2013) The impact of venture capital on the productivity growth of European entrepreneurial firms. J. Bus. Venturing 28(4):489–510.Crossref, Google Scholar
• Daft RL, Weick KE (1984) Toward a model of organizations as interpretation systems. Acad. Management Rev. 9(2):284–295.Crossref, Google Scholar
• Dahl D (2012) A sea of job-seekers, but some companies aren’t getting any bites. New York Times (June 27), B7.Google Scholar
• Davenport T (1997) Information Ecology: Mastering the Information and Knowledge Environment (Oxford University Press, Oxford, UK).Google Scholar
• Davila A, Foster G, Gupta M (2003) Venture capital financing and the growth of startup firms. J. Bus. Venturing 18(6):689–708.Crossref, Google Scholar
• De Buck G (2013) International Recruitment—A Creative Melting Pot: Enhancing Competition and Innovation (European Employment Services (EURES)).Google Scholar
• De Clercq D, Fried VH, Lehtonen O, Sapienza HJ (2006) An entrepreneur’s guide to the venture capital galaxy. Acad. Management Perspect. 20(3):90–112.Crossref, Google Scholar
• Deephouse DL (2000) Media reputation as a strategic resource: An integration of mass communication and resource-based theories. J. Management 26(6):1091–1112.Crossref, Google Scholar
• Delmar F, Davidsson P, Gartner WB (2003) Arriving at the high-growth firm. J. Bus. Venturing 18(2):189–216.Crossref, Google Scholar
• Dencker JC, Gruber M, Shah SK (2009) Individual and opportunity factors influencing job creation in new firms. Acad. Management J. 52(6):1125–1147.Crossref, Google Scholar
• Dimov D, Shepherd DA, Sutcliffe KM (2007) Requisite expertise, firm reputation, and status in venture capital investment allocation decisions. J. Bus. Venturing 22(4):481–502.Crossref, Google Scholar
• European Central Bank (ECB) (2009) Survey on the access to finance of small and medium-sized enterprises in the Euro area. Accessed November 10, 2016, http://www.ecb.europa.eu/stats/money/surveys/sme/html/index.en.html.Google Scholar
• Eisenhardt KM, Schoonhoven CB (1990) Organizational growth: Linking founding team, strategy, environment, and growth among US semiconductor ventures, 1978–1988. Admin. Sci. Quart. 35(3):504–529.Crossref, Google Scholar
• Flamholtz E, Randle Y (2007) Growing Pains: Transitioning from an Entrepreneurship to a Professionally Managed Firm (Jossey-Bass, San Francisco).Google Scholar
• Fombrun CI (2012) Corporate reputation: Definitions, antecedents and consequences. Barnett ML, Pollock TG, eds. The Oxford Handbook of Corporate Reputation (Oxford University Press, Oxford, UK), 94–113.Google Scholar
• Fredrickson J, Miller J (2004) The effects of pro forma earnings disclosures on analysts’ and nonprofessional investors’ equity valuation judgments. Accounting Rev. 79(3):667–686.Crossref, Google Scholar
• Galbraith JR (1973) Designing Complex Organizations (Addison-Wesley, Reading, MA).Google Scholar
• Gao X, Ritter JR, Zhu Z (2013) Where have all the IPOs gone? J. Financial Quant. Anal. 48(6):1663–1692.Crossref, Google Scholar
• Gatewood RD, Gowan MA, Lautenschlager GJ (1993) Corporate image, recruitment image and initial job choice decisions. Acad. Management J. 36(2):414–427.Crossref, Google Scholar
• Gavetti G (2005) Cognition and hierarchy: Rethinking the microfoundations of capabilities’ development. Organ. Sci. 16(6):599–617.Link, Google Scholar
• Gilbert BA, McDougall PP, Audretsch DB (2006) New venture growth: A review and extension. J. Management 32(6):926–950.Crossref, Google Scholar
• Gompers PA (1995) Optimal investment, monitoring, and the staging of venture capital. J. Finance 50(5):1461–1489.Crossref, Google Scholar
• Gompers P, Kovner A, Lerner J, Scharfstein D (2006) Skill vs. luck in entrepreneurship and venture capital: Evidence from serial entrepreneurs. NBER Paper w12592, National Bureau of Economic Research, Cambridge, MA.Google Scholar
• Gulati R, Higgins MC (2003) Which ties matter when? The contingent effects of interorganizational partnerships on IPO success. Strategic Management J. 24(2):127–144.Crossref, Google Scholar
• Hallen BL (2008) The causes and consequences of the initial network positions of new organizations: From whom do entrepreneurs receive investments? Admin. Sci. Quart. 53(4):685–718.Crossref, Google Scholar
• Hallen BL, Eisenhardt KM (2012) Catalyzing strategies and efficient tie formation: How entrepreneurial firms obtain investment ties. Acad. Management J. 55(1):35–70.Crossref, Google Scholar
• Hallen BL, Pahnke EC (2016) When do entrepreneurs accurately evaluate venture capital firms’ track records? A bounded rationality perspective. Acad. Management J. 59(5):1535–1560.Crossref, Google Scholar
• Harrison AA (1977) Mere exposure. Berkowitz L, ed. Advances in Experimental Social Psychology, Vol. 10 (JAI Press, Greenwich, CT), 39–83.Crossref, Google Scholar
• Heil O, Robertson TS (1991) Toward a theory of competitive market signaling: A research agenda. Strategic Management J. 12(6): 403–418.Crossref, Google Scholar
• Hellmann T, Lindsey L, Puri M (2008) Building relationships early: Banks in venture capital. Rev. Financial Stud. 21(2):513–541.Crossref, Google Scholar
• Hite J, Hesterly W (2001) The evolution of firm networks: From emergence to the early growth of the firm. Strategic Management J. 22(3):275–286.Crossref, Google Scholar
• Hodge F, Pronk M (2006) The impact of expertise and investment familiarity on investors’ use of online financial report information. J. Accounting, Auditing, and Finance 21(3):267–292.Crossref, Google Scholar
• Hsu DH (2004) What do entrepreneurs pay for venture capital affiliation? J. Finance 59(4):1805–1844.Crossref, Google Scholar
• Huber GP, Daft RL (1987) The information environments of organizations. Jablin F, Putnam L, Roberts K, Porter L, eds. Handbook of Organization Communication (Sage, Beverly Hills, CA), 130–163.Google Scholar
• Janney JJ, Folta TB (2006) Moderating effects of investor experience on the signaling value of private equity placements. J. Bus. Venturing 21(1):27–44.Crossref, Google Scholar
• Jensen M, Roy A (2008) Staging exchange partner choices: When do status and reputation matter? Acad. Management J. 51(3): 495–516.Crossref, Google Scholar
• Jensen M, Kim H, Kim BK (2012) Meeting expectations: A role-theoretic perspective on reputation. Barnett ML, Pollock TG, eds. The Oxford Handbook of Corporate Reputation (Oxford University Press, Oxford, UK), 140–159.Crossref, Google Scholar
• Katila R, Ahuja G (2002) Something old, something new: A longitudinal study of search behavior and new product introduction. Acad. Management J. 45(6):1183–1194.Crossref, Google Scholar
• Kerr WR, Nanda R, Rhodes-Kropf M (2014) Entrepreneurship as experimentation. J. Econom. Perspect. 28(3):25–48.Crossref, Google Scholar
• Khaire M (2010) Young and no money? Never mind: The material impact of social resources on new venture growth. Organ. Sci. 21(1):168–185.Link, Google Scholar
• Kirsch D, Goldfarb B, Gera A (2009) Form or substance: The role of business plans in venture capital decision making. Strategic Management J. 30(5):487–515.Crossref, Google Scholar
• Kotha S, Swamidass PM (2000) Strategy, advanced manufacturing technology and performance: Empirical evidence from US manufacturing firms. J. Oper. Management 18(3):257–277.Crossref, Google Scholar
• Lange D, Lee PM, Dai Y (2011) Organizational reputation: A review. J. Management 37(1):153–184.Crossref, Google Scholar
• Lee PM, Pollock TG, Jin K (2011) The contingent value of venture capitalist reputation. Strategic Organ. 9(1):33–69.Crossref, Google Scholar
• Lerner J (1994) The syndication of venture capital investments. Financial Management 23(3):16–27.Crossref, Google Scholar
• Lerner J (1999) The government as venture capitalist: The long-run impact of the SBIR program. J. Bus. 72(3):285–318.Crossref, Google Scholar
• Long MS, Malitz IB, Ravid SA (1993) Trade credit, quality guarantees, and product marketability. Financial Management 22(4): 117–127.Crossref, Google Scholar
• Lord R, Maher K (1990) Alternative information-processing models and their implications for theory, research and practice. Acad. Management Rev. 15(1):9–28.Crossref, Google Scholar
• Love EG, Kraatz M (2009) Character, conformity, or the bottom line? How and why downsizing affected corporate reputation. Acad. Management J. 52(2):314–335.Crossref, Google Scholar
• Manigart S, Witmeur O (2009) Venture Capital Guide for Belgium (Belgian Venture Capital and Private Equity Association, Brussels).Google Scholar
• Martens M, Jennings J, Jennings PD (2007) Do the stories they tell get them the money they need? Acad. Management J. 50(5): 1107–1132.Crossref, Google Scholar
• Martins LL (2005) A model of the effects of reputational rankings on organizational change. Organ. Sci. 16(6):701–720.Link, Google Scholar
• Navis C, Glynn MA (2011) Legitimate distinctiveness and the entrepreneurial identity: Influence on investor judgments of new venture plausibility. Acad. Management Rev. 36(3):479–499.Crossref, Google Scholar
• Organisation for Economic Co-operation and Development (OECD) (2013) Education at a Glance 2013: OECD Indicators (OECD Publishing, Paris).Google Scholar
• Payne J, Bettman J, Johnson E (1993) The Adaptive Decision Maker (Cambridge University Press, Cambridge, UK).Crossref, Google Scholar
• Petkova AP (2012) From the ground up: Building young firms’ reputations. Barnett ML, Pollock TG, eds. The Oxford Handbook of Corporate Reputation (Oxford University Press, Oxford, UK), 383–401.Crossref, Google Scholar
• Petkova A, Rindova V, Gupta A (2013) No news is bad news: Sensegiving activities, media attention, and venture capital funding of new technology organizations. Organ. Sci. 24(3):865–888.Link, Google Scholar
• Pollock TG, Rindova VP (2003) Media legitimation effects in the market for Initial Public Offerings. Acad. Management J. 46(5): 631–642.Crossref, Google Scholar
• Ragozzino R, Reuer JJ (2011) Geographic distance and corporate acquisitions: Signals from IPO firms. Strategic Management J. 32(8):876–894.Crossref, Google Scholar
• Rao H (1994) The social construction of reputation: Certification contests, legitimation, and the survival of organizations in the American automobile industry: 1895–1912. Strategic Management J. 15(S1):29–44.Crossref, Google Scholar
• Reuer JJ, Tong TW, Wu CW (2012) A signaling theory of acquisition premiums: Evidence from IPO targets. Acad. Management J. 55(3):667–683.Crossref, Google Scholar
• Rhee M, Haunschild PR (2006) The liability of good reputation: A study of product recalls in the US automobile industry. Organ. Sci. 17(1):101–117.Link, Google Scholar
• Rhee M, Valdez ME (2009) Contextual factors surrounding reputation damage with potential implications for reputation repair. Acad. Management Rev. 34(1):146–168.Crossref, Google Scholar
• Rindova VP, Fombrun CJ (1999) Constructing competitive advantage: The role of firm-constituent interactions. Strategic Management J. 20(8):691–710.Crossref, Google Scholar
• Rindova VP, Martins LL (2012) Show me the money: A multidimensional perspective on reputation as an intangible asset. Barnett ML, Pollock TG, eds. The Oxford Handbook of Corporate Reputation (Oxford University Press, Oxford, UK), 16–33.Crossref, Google Scholar
• Rindova VP, Williamson IO, Petkova AP, Sever JM (2005) Being good or being known: An empirical examination of the dimensions, antecedents, and consequences of organizational reputation. Acad. Management J. 48(6):1033–1049.Crossref, Google Scholar
• Robb AM, Robinson DT (2014) The capital structure decisions of new firms. Rev. Financial Stud. 27(1):153–179.Crossref, Google Scholar
• Rynes SL, Barber AE (1990) Applicant attraction strategies: An organizational perspective. Acad. Management Rev. 15(2):286–310.Crossref, Google Scholar
• Sanders GWM, Boivie S (2004) Sorting things out: Valuation of new firms in uncertain markets. Strategic Management J. 25(2): 167–186.Crossref, Google Scholar
• Sapienza HJ, Manigart S, Vermeir W (1996) Venture capitalist governance and value added in four countries. J. Bus. Venturing 11(6):439–469.Crossref, Google Scholar
• Shane S, Cable D (2002) Network ties, reputation, and the financing of new ventures. Management Sci. 48(3):364–381.Link, Google Scholar
• Shepherd DA (1999) Venture capitalists’ assessment of new venture survival. Management Sci. 45(5):621–632.Link, Google Scholar
• Sine WD, David RJ, Mitsuhashi H (2007) From plan to plant: Effects of certification on operational start-up in the emergent independent power sector. Organ. Sci. 18(4):578–594.Link, Google Scholar
• Sorensen M (2007) How smart is smart money? A two-sided matching model of venture capital. J. Finance 62(6):2725–2762.Crossref, Google Scholar
• Sorenson O, Stuart TE (2001) Syndication networks and the spatial distribution of venture capital investments. Amer. J. Sociol. 106(6):1546–1588.Crossref, Google Scholar
• Stinchcombe A (1965) Social structure and organizations. March J, ed. Handbook of Organizations (Rand McNally, Chicago), 260–290.Google Scholar
• Stuart TE (2000) Interorganizational alliances and the performance of firms: A study of growth and innovation rates in a high-technology industry. Strategic Management J. 21(8):791–811.Crossref, Google Scholar
• Stuart TE, Hoang H, Hybels RC (1999) Interorganizational endorsements and the performance of entrepreneurial ventures. Admin. Sci. Quart. 44(2):315–349.Crossref, Google Scholar
• Turban DB, Cable DM (2003) Firm reputation and applicant pool characteristics. J. Organ. Behav. 24(6):733–751.Crossref, Google Scholar
• Vanacker T, Manigart S, Meuleman M (2014) Path-dependent evolution versus intentional management of investment ties in science-based entrepreneurial firms. Entrepreneurship Theory Practice 38(3):671–690.Crossref, Google Scholar
• Villalonga B (2004) Intangible resources, Tobin’s q and sustainability of performance differences. J. Econom. Behav. Organ. 54(2):205–230.Crossref, Google Scholar
• Wade JB, O’Reilly CA, Pollock TG (2006) Overpaid CEOs and underpaid managers: Fairness and executive compensation. Organ. Sci. 17(5):527–544.Link, Google Scholar
• Wasserman N (2012) The Founder’s Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup (Princeton University Press, Princeton, NJ).Crossref, Google Scholar
• Williamson IO (2000) Employer legitimacy and recruitment success in small businesses. Entrepreneurship Theory Practice 25(1): 27–42.Crossref, Google Scholar
• Williamson IO, Cable DM, Aldrich H (2002) Smaller but not necessarily weaker: How small businesses can overcome barriers to recruitment. Katz J, Welbourne T, eds. Advances in Entrepreneurship, Firm Emergence, and Firm Growth, Vol. 5 (JAI Press, Greenwich, CT), 83–106.Crossref, Google Scholar
• Wilson R (1985) Reputations in games and markets. Roth AE, ed. Game-Theoretic Models of Bargaining (Cambridge University Press, Cambridge, UK), 27–62.Crossref, Google Scholar
• Wright M, Lockett A (2003) The structure and management of alliances: Syndication in the venture capital industry. J. Management Stud. 40(8):2073–2102.Crossref, Google Scholar
• Zajonc RB (1968) The attitudinal effects of mere exposure. J. Personality Social Psychol. Monograph Supplement 9(2-part-2):1–27.Crossref, Google Scholar