Autores
Michael T Hannan, M Diane Burton, James N Baron
Fecha de publicación
1996/1/1
Revista
Industrial and Corporate Change
Volumen
5
Número
2
Páginas
503-536
Editor
Oxford University Press
Descripción
This paper considers processes of organizational imprinting in a sample of 100 young, high technology companies. It examines the effects of a pair of initial conditions: the founders' models of the employment relation and their business strategies. Our analyses indicate that these two features were well aligned when the firms were founded. However, the alignment has deteriorated over time, due to changes in the distribution of employment models. In particular, the ‘star’ model and ‘commitment’ model are less stable than the ‘engineering’ model and the ‘factory’ model. Despite their instability, these two blueprints for the employment relation have strong effects in shaping the early evolution of these firms. In particular, firms that embark with these models have significantly higher rates of replacing the founder chief executive with a non-founder as well as higher rates of completing an initial public stock offering …
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MT Hannan, MD Burton, JN Baron - Industrial and Corporate Change, 1996