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

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

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 wri...

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Bibliographic Details
Main Authors: Benson Honig, Tomas Karlsson
Format: Article
Language:English
Published: MDPI AG 2013-11-01
Series:Administrative Sciences
Subjects:
institutional theory
cross national entrepreneurship
business planning
Online Access:http://www.mdpi.com/2076-3387/3/4/266
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spelling doaj-2bc55146a0e64dbdb153fe8019337e712020-11-24T23:41:42ZengMDPI AGAdministrative Sciences2076-33872013-11-013426628910.3390/admsci3040266admsci3040266An Institutional Perspective on Business Planning Activities for Nascent Entrepreneurs in Sweden and the USBenson Honig0Tomas Karlsson1Degroote School of Business, McMaster University, 1280 Main Street West, Hamilton, ON L8S4M4, CanadaDepartment of Managing Organisational Renewal and Entrepreneurship (MORE), Chalmers University, Vera Sandbergs Allé 8: 4 vån, Gothenburg 41296, SwedenWe 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.http://www.mdpi.com/2076-3387/3/4/266institutional theorycross national entrepreneurshipbusiness planning
collection DOAJ
language English
format Article
sources DOAJ
author Benson Honig
Tomas Karlsson
spellingShingle Benson Honig
Tomas Karlsson
An Institutional Perspective on Business Planning Activities for Nascent Entrepreneurs in Sweden and the US
Administrative Sciences
institutional theory
cross national entrepreneurship
business planning
author_facet Benson Honig
Tomas Karlsson
author_sort Benson Honig
title An Institutional Perspective on Business Planning Activities for Nascent Entrepreneurs in Sweden and the US
title_short An Institutional Perspective on Business Planning Activities for Nascent Entrepreneurs in Sweden and the US
title_full An Institutional Perspective on Business Planning Activities for Nascent Entrepreneurs in Sweden and the US
title_fullStr An Institutional Perspective on Business Planning Activities for Nascent Entrepreneurs in Sweden and the US
title_full_unstemmed An Institutional Perspective on Business Planning Activities for Nascent Entrepreneurs in Sweden and the US
title_sort institutional perspective on business planning activities for nascent entrepreneurs in sweden and the us
publisher MDPI AG
series Administrative Sciences
issn 2076-3387
publishDate 2013-11-01
description 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.
topic institutional theory
cross national entrepreneurship
business planning
url http://www.mdpi.com/2076-3387/3/4/266
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