Learn by Doing or Learn by Failing? The Paradoxical Effect of Public Policy in Averting the Liability of Newness
Public policy regulations, designed to legitimate and protect fragile, fledgling new firms from failure, on the surface, appear to be of great value. According to Stinchcombe, to the extent that such policies serve as “standard social routines,” they may even work to decrease the liability of newnes...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
SAGE Publications Inc.
2018
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Subjects: | |
Online Access: | View Fulltext in Publisher |