How do new technology based firms gain legitimacy globally using standards creation processes?
Description
To achieve growth new firms need access to resources and capabilities. Hence, firms engage in the process of seeking and obtaining legitimacy in international forums to get access to resources needed for growth. Cooperating with large international established firms enables them to access development activities and substitute their research and development efforts. Through the case study research methodology and using the theoretical lens of actor network theory we show how start-up firms that participated in the standard creation gained legitimacy in a sociotechnical system that spans multiple countries and regions. We also study the implications for technology entrepreneurship.
Copyright Date
January 2017
Publication Date
1-1-2017
Keywords
Emerging markets, Technology firms, Legitimacy, Internationalization, Multinationals, International markets
Conference
59th Annual Meeting of the Academy of International Business: 2-5 July, 2017, Dubai, United Arab Emirates