Stakeholder Perceptions of Age and Other Dimensions of Newness
By: CHOI, Young Rok
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Contributor(s): SHEPHERD, Dean A.
Material type: 
ArticlePublisher: London : Sage, August 2005Journal of management : J.O.M 31, 4, p. 573-596Abstract: Using verbal protocol and conjoint analyses, this study examines how stakeholders assess an organization in deciding whether to provide their support to it. The authors find that stakeholders support depends on their perceptions of an organizations age and other dimensions of newness related to addressing management challenges of adaptationthe entrepreneurial problem, the engineering problem, and the administrative problem. Stakeholder support is more likely for those organizations that are old, cognitively legitimate, affectively congruent, reliable, accountable, and strategically flexible. The authors conclude with theoretical implications for scholars and practical implications for resource acquisition in various contexts of entrepreneurship
Using verbal protocol and conjoint analyses, this study examines how stakeholders assess an organization in deciding whether to provide their support to it. The authors find that stakeholders support depends on their perceptions of an organizations age and other dimensions of newness related to addressing management challenges of adaptationthe entrepreneurial problem, the engineering problem, and the administrative problem. Stakeholder support is more likely for those organizations that are old, cognitively legitimate, affectively congruent, reliable, accountable, and strategically flexible. The authors conclude with theoretical implications for scholars and practical implications for resource acquisition in various contexts of entrepreneurship
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