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

Benson Honig and Tomas Karlsson
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Benson Honig: Degroote School of Business, McMaster University, 1280 Main Street West, Hamilton, ON L8S4M4, Canada
Tomas Karlsson: Department of Managing Organisational Renewal and Entrepreneurship (MORE), Chalmers University, Vera Sandbergs Allé 8: 4 vån, Gothenburg 41296, Sweden

Administrative Sciences, 2013, vol. 3, issue 4, 1-24

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.

Keywords: institutional theory; cross national entrepreneurship; business planning (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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