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Institutional Forces and The Written Business Plan
Oleh:
Honig, Benson
;
Karlsson, Tomas
Jenis:
Article from Journal - ilmiah internasional
Dalam koleksi:
JOM: Journal of Management vol. 30 no. 1 (2004)
,
page 29-48.
Topik:
business plan
;
business plan
;
institutional force
Fulltext:
29.pdf
(240.66KB)
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ92.6
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
In this study, we examined factors that led nascent organizations to write business plans, following 396 nascent entrepreneurs during a two - year period. We examined both the production and the outcomes of written business plans produced in nascent organizations. Our findings show that institutional variables, such as coercion and mimetic forces, are important predictors influencing the propensity of new organizations to write business plans. Our results are contrary to rationalist predictions of planning - performance, and are more in line with institutional predictions. Interestingly there was no evidence to support positive outcomes, in terms of profitability, for those nascent organizations that produced business plans during a two - year initial period. We discuss the implications for institutional theory and studies of nascent businesses, as well as for the literature on business planning.
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