Entrepreneurship Through a Unified Sociological Neoinstitutional Lens

Abstract

The institutional context, which includes the normative, regulative, and cognitive dimensions of social life within the various constitutive spheres of society, has a strong influence on entrepreneurial processes and outcomes. Institutions shape who becomes an entrepreneur, opportunity creation, identification, and evaluation, as well as how entrepreneurs attempt to start new firms. We introduce a novel framework that unifies the two dominant perspectives in sociological neoinstitutionalism, the institutional logics and the institutional pillars typologies, and apply this unified framework to examine the existing research at the nexus of entrepreneurship and institutional theory while outlining a set of entrepreneurial phenomena to which the framework can be applied. We analyzed the citation pattern of all 77 articles published since 1999 in top management journals (Academy of Management Journal, Academy of Management Review, Administrative Science Quarterly, Organization Science, and Strategic Management Journal) that used institutional theory to examine entrepreneurial phenomena, and we demonstrate how the unified framework effectively organizes past research while also pointing to new and important areas for development.

Creating Data from Unstructured Text with Context Rule Assisted Machine Learning (CRAML)

“…[73] use patent text to study the recombination in breakthrough innovation. [112] study abstracts within a citation network. [37] use topic models to analyze CEO text and synthesize analysis of topic models using machine learning analysis of CEO facial expressions.…”

“…and to arrive at text-based measures of corporate dissimilarity from corporate annual reports, requiring 25 crowd-sourced MTurkers to ensure themes are reliably identified for the top 25 of 125 latent topics chosen (Choi, Menon, and Tabakovic 2021). LDA has been used to study patent text and recombination in breakthrough innovation (Kaplan and Vakili 2014), abstracts within a citation network (Sine, Cordero, and Coles 2022), and CEO speech in combination with ML analysis of CEO facial expressions (Choudhury, Allen, and Endres 2020).…”

How Does Regional Social Capital Structure the Relationship Between Entrepreneurship, Ethnic Diversity, and Residential Segregation?

“…Entrepreneurship and Racial/Ethnic Diversity Entrepreneurship-the discovery, evaluation, and exploitation of business opportunities (Shane & Venkataraman, 2000)-is a socially embedded process Cordero, Montiel, Sanz, Severino, 2011;Granovetter, 1985) and largely a local one (Audretsch et al, 2012;Coomes et al, 2013;Karlsson et al, 2021), making localized determinants of entrepreneurship particularly significant (Coomes et al, 2013). Such determinants include regional norms (Perez & Cordero, 2010;Sine et al, 2022;Vedula & Kim, 2018), the presence of entrepreneurial support organizations (Spigel, 2017), and the availability of financial capital (Samila & Sorenson, 2017). An important predictor of regional entrepreneurship is diversity, which increases the local availability and variety of knowledge and perspectives that, in turn, generate entrepreneurial activity (Karlsson et al, 2021).…”

Avoiding the Appearance of Virtue: Reactivity to Corporate Social Responsibility Ratings in an Era of Shareholder Primacy

“…The powerful influence of logics in shaping organizational actions is well documented in many settings, such as higher education publishing (Thornton, 2004), health care (Dunn and Jones, 2010), banking (Marquis and Lounsbury, 2007), French cuisine (Rao, Monin, and Durand, 2003), and environmental practices (York, Vedula, and Lenox, 2018). Indeed, diverse and competing logics are a central characteristic of the social landscape (Sine, Cordero, and Coles, 2022).…”