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Legitimation of New Ventures: A Review and Research Programme

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  • Florian Überbacher

Abstract

Research on how new ventures (NVs) achieve legitimacy is fragmented and rests on taken-for-granted assumptions that require problematization. Following a systematic literature review, I identify five distinct perspectives on NV legitimation: an institutional perspective, a cultural entrepreneurship perspective, an ecological perspective, an impression management perspective, and a social movement perspective. After comparing and contrasting these perspectives, I synthesize them into a generative and integrative typology. Based on this typology, I develop a new research programme. The programme widens the extant scholarship agenda by challenging its shared assumptions and contributes to further integration of the literature by building bridges between perspectives.

Suggested Citation

  • Florian Überbacher, 2014. "Legitimation of New Ventures: A Review and Research Programme," Journal of Management Studies, Wiley Blackwell, vol. 51(4), pages 667-698, June.
    • Handle: RePEc:bla:jomstd:v:51:y:2014:i:4:p:667-698
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    File URL: http://hdl.handle.net/10.1111/joms.12077
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    References listed on IDEAS

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    2. Gordo Molina, Virginia & Díez Martín, Francisco & Del Castillo Feito, Cristina, 2022. "Legitimacy in entrepreneurship. Intellectual structure and research trends," Cuadernos de Gestión, Universidad del País Vasco - Instituto de Economía Aplicada a la Empresa (IEAE).
    3. Ziliang Deng & Ruey-Jer Bryan Jean & Rudolf R. Sinkovics, 2017. "Polarizing Effects of Early Exporting on Exit," Management International Review, Springer, vol. 57(2), pages 243-275, April.

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