Resource Acquisition in the Emergence Phase: Considering the Effects of Embeddedness and Resource Dependence

Scott L. Newbert and Erno T. Tornikoski

Entrepreneurship Theory and Practice, 2013, vol. 37, issue 2, 249-280

Abstract: Despite evidence that embedded ties are important to entrepreneurs seeking low–cost resources, no research to date has explored how this relationship unfolds in the context of emerging organizations, how the inevitable dependence on ties might drive up resource acquisition costs, or how the manner in which ties are embedded might affect the specificity of these resources. We develop a conceptual model that examines these relationships and, analyzing data from the Panel Study of Entrepreneurial Dynamics I, find support for the majority of our hypotheses. We then discuss the implications of our findings for scholars and practitioners.

Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1111/j.1540-6520.2011.00461.x (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:37:y:2013:i:2:p:249-280

DOI: 10.1111/j.1540-6520.2011.00461.x

Access Statistics for this article

More articles in Entrepreneurship Theory and Practice
Bibliographic data for series maintained by SAGE Publications ().