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Adm. Sci. 2013, 3(4), 266-289; doi:10.3390/admsci3040266

An Institutional Perspective on Business Planning Activities for Nascent Entrepreneurs in Sweden and the US

1
Degroote School of Business, McMaster University, 1280 Main Street West, Hamilton, ON L8S4M4, Canada
2
Department of Managing Organisational Renewal and Entrepreneurship (MORE), Chalmers University, Vera Sandbergs Allé 8: 4 vån, Gothenburg 41296, Sweden
*
Author to whom correspondence should be addressed.
Received: 27 September 2013 / Revised: 16 November 2013 / Accepted: 18 November 2013 / Published: 21 November 2013
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Abstract

We compared nascent characteristics and behaviors leading to business planning activities in Sweden with the United States (US), examining the effects of institutional pressures exerted in the different countries. We analyzed institutional factors leading 362 Swedish and 347 US entrepreneurs to write plans during a two-year period. We show that national cultures moderate how institutional pressures influence nascent behaviors, questioning generic applications of institutional theory. We found business planning behaviors moderated by nationality, showing significant and negative effects for business classes in the US. Implications are drawn for institutional theory and the study of nascent businesses, as well as for normative business planning literature and practice of nascent businesses. View Full-Text
Keywords: institutional theory; cross national entrepreneurship; business planning institutional theory; cross national entrepreneurship; business planning
This is an open access article distributed under the Creative Commons Attribution License (CC BY 3.0).

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MDPI and ACS Style

Honig, B.; Karlsson, T. An Institutional Perspective on Business Planning Activities for Nascent Entrepreneurs in Sweden and the US. Adm. Sci. 2013, 3, 266-289.

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