Founder characteristics and legitimacy-seeking behaviors

No Thumbnail Available
Authors
Perry, John T.
Chandler, Gaylen N.
Yao, Xin
Pett, Timothy L.
Advisors
Issue Date
2011-03-01
Type
Article
Keywords
Founders , Entrepreneurial behavior , Legitimacy , PSED , Entrepreneurial experience
Research Projects
Organizational Units
Journal Issue
Citation
John T. Perry, Gaylen N. Chandler, Xin Yao, Timothy L. Pett; Founder Characteristics and Legitimacy-Seeking Behaviors. New England Journal of Entrepreneurship 1 March 2011; 14 (2): 41–51. https://doi.org/10.1108/NEJE-14-02-2011-B004
Abstract

The entrepreneurʼs experience, personality, and values affect the entrepreneurʼs behaviors and decisions (Chrisman, Bauerschmidt, and Hofer 1998). Past research results show that (1) more experienced new venture founders have a greater likelihood of leading their ventures to early success than less experienced founders (Delmar and Shane 2006) and (2) founders who engage in legitimacy-seeking behaviors have a greater likelihood of leading their ventures to early success than founders who do not do so (Tornikoski and Newbert 2007). We propose that more experienced founders understand the importance of obtaining legitimacy for their ventures and therefore will engage in more legitimacy-seeking behaviors. In addition, we propose that entrepreneursʼ growth aspirations and internal locus of control are also associated with engagement in legitimacy-seeking behaviors. We test and find support for these propositions in a sample of new ventures and their founders.

Table of Contents
Description
Publisher
Emerald Publishing Limited
Journal
New England Journal of Entrepreneurship
Book Title
Series
PubMed ID
ISSN
2574-8904
1550-333X
EISSN