“…Theories have been developed by drawing liberally from the literature in strategic management and organization theory. A common theme has been that institutional change redraws industry boundaries, shifts the scope of permissible activities for incumbents and entrants, and otherwise changes incentives for behavior (e.g., Bonardi, 2004;Delmas and Tokat, 2005;Fuentelsaz, Gomez, & Polo, 2002;Haveman, 1993;Haveman, Russo, & Meyer, 2001;Meyer, Brooks, and Goes, 1990;Miller & Chen, 1994;Smith & Grimm, 1987).…”