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The Role of Normative Legitimacy in the Development of Efficiency-Driven Countries

In: Entrepreneurship, Regional Development and Culture

Author

Listed:
  • Emilio Díez

    (Universidad de Sevilla and European Academy of Management and Business Economics)

  • Camilo Prado-Román

    (Universidad Rey Juan Carlos and European Academy of Management and Business Economics)

  • Francisco Díez-Martín

    (Universidad Rey Juan Carlos and European Academy of Management and Business Economics)

  • Alicia Blanco-González

    (Universidad Rey Juan Carlos and European Academy of Management and Business Economics)

Abstract

Within the framework of institutional theory, legitimacy is a key factor for organizational and—more specifically—entrepreneurial success. Similarly, legitimacy is seen as an essential component of a country’s development. The goal of the present study is to better understand the role of a country’s legitimacy on its entrepreneurial activity and overall development. Furthermore, the authors research the influence of cultural resources on country-wide legitimacy perceptions. A case study is performed on the effect of normative legitimacy in efficiency-driven countries. The results suggest parallel behaviors between normative legitimacy and entrepreneurial activity. Nevertheless, unexpected relationships were discovered in the link between legitimacy, cultural resources, and development.

Suggested Citation

  • Emilio Díez & Camilo Prado-Román & Francisco Díez-Martín & Alicia Blanco-González, 2015. "The Role of Normative Legitimacy in the Development of Efficiency-Driven Countries," Springer Books, in: Marta Peris-Ortiz & José M. Merigó-Lindahl (ed.), Entrepreneurship, Regional Development and Culture, edition 127, chapter 0, pages 127-139, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-15111-3_8
    DOI: 10.1007/978-3-319-15111-3_8
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