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.
Adm. Sci. 2013, 3(4), 266-289; https://doi.org/10.3390/admsci3040266
Received: 27 September 2013 / Revised: 16 November 2013 / Accepted: 18 November 2013 / Published: 21 November 2013
(This article belongs to the Special Issue International Entrepreneurship: The Search for Global Opportunities, Markets and Entry Strategy)
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.
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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. https://doi.org/10.3390/admsci3040266
AMA Style
Honig B, Karlsson T. An Institutional Perspective on Business Planning Activities for Nascent Entrepreneurs in Sweden and the US. Administrative Sciences. 2013; 3(4):266-289. https://doi.org/10.3390/admsci3040266
Chicago/Turabian StyleHonig, Benson; Karlsson, Tomas. 2013. "An Institutional Perspective on Business Planning Activities for Nascent Entrepreneurs in Sweden and the US" Adm. Sci. 3, no. 4: 266-289. https://doi.org/10.3390/admsci3040266
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