(Un)Tangled

Pollock, Timothy G.; Lee, Peggy M.; Jin, Kyuho; Lashley, Kisha

doi:10.1177/0001839215585602

Cited by 114 publications

(51 citation statements)

References 87 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…It also vanishes when crossing national borders. The negative effect of distance from prospective VC investors on the demand for VC varies with the characteristics of those VC investors in terms of their ownership and governance Dimov and Gedajlovic, 2010) and reputation (Nahata, 2008;Pollock et al, 2015;Sorensen, 2007). Independent (i.e., US-style) VC investors have a strong positive effect on the demand for external equity in a radius of 250 km, while for governmental VC investors (i.e.…”

Section: Introductionmentioning

confidence: 99%

The geography of venture capital and entrepreneurial ventures’ demand for external equity

2019

View full text Add to dashboard Cite

In this paper, we study how the geography of venture capital (VC) and the location of entrepreneurial ventures affect the propensity of the latter to seek external equity financing. We analyse a sample of 533 European high-tech entrepreneurial ventures and examine their external equity-seeking behaviour in the 1984-2009 period. We find that ventures are more likely to seek external equity when the local availability of VC is higher, whereas the level of competition of the local VC market plays a negligible role. The stimulating effect of the availability of VC on the demand for external equity rapidly decreases with distance and vanishes at approximately 250 km. It also vanishes when national borders are crossed, except for countries at a close cultural and institutional distance.Moreover, the distance decay of the stimulating effect of the availability of VC varies with the characteristics of prospective VC investors, namely, their private or public ownership and governance and their reputation. These results have important implications for the policy that European countries and the European Commission should implement to foster the demand for VC by entrepreneurial ventures, thereby improving the functioning of the VC market in Europe.

show abstract

Section: Introductionmentioning

confidence: 99%

The geography of venture capital and entrepreneurial ventures’ demand for external equity

2019

View full text Add to dashboard Cite

show abstract

“…Prior work reveals two routes to status: prestige and dominance (Cheng et al, 2013; Henrich & Gil-White, 2001). Our work focused on the prestige path, which emphasizes that status accrues for members who increase their value to the group and do not minimize others in the group (Anderson & Kilduff, 2009a, 2009b; Flynn et al, 2006; Pollock et al, 2015; Ridgeway & Diekeman, 1989). For example, prior evidence has found that people who are competent (Anderson & Kilduff, 2009a), possess valuable skills and specialized knowledge (Berger et al, 1972), and exhibit helpful and altruistic behaviors (Flynn et al, 2006; Hardy & Van Vugt, 2006) are likely granted high status.…”

Section: Discussionmentioning

confidence: 99%

Are gossipers looked down upon? A norm-based perspective on the relation between gossip and gossiper status.

Lian¹,

Li²,

Pan³

et al. 2023

Journal of Applied Psychology

View full text Add to dashboard Cite

While some scholars regard workplace gossip as norm-violating behavior that costs gossipers status, others suggest that gossip clarifies organizational norms and thereby increases gossiper status. Integrating gossip literature with norm research, we develop a model to distinguish positive gossip from negative gossip and theorize their independent and joint effects on gossiper workplace status via peers' perceptions of norm violation and norm clarification-two concurrent but countervailing mechanisms. We hypothesize that positive gossip relates positively to norm clarification perceptions but negatively to norm-violation perceptions, whereas negative gossip relates positively to both norm clarification and norm-violation perceptions. Interactively, positive gossip weakens the norm-violation effects of negative gossip on gossiper status, and each type of gossip replaces the norm clarification effects of the other type of gossip on gossiper status. These hypotheses were largely supported in a 2 × 2 between-subjects experiment with 345 full-time employees (Study 1), a three-wave field survey with data from 192 full-time employees (Study 2), and a round-robin field survey with data from 287 focal employees and 1,075 of their team members embedded in 87 teams (Study 3). Three additional studies reported in the supplementary materials revealed contingencies of the hypotheses: The hypotheses received support with a different experimental manipulation (Study 4), and the hypothesized norm-violation effect of negative gossip was not contingent on gossip content (target's self-serving vs. nonself-serving behavior, Study 5) but gossip intention such that the effect became nonsignificant when gossip intention was group-serving (cf. self-serving, Study 6).

show abstract

“…That is because the value created by platforms is inherently co-created by complementors-independent organizations or individuals that provide complementary goods and services (Eisenmann et al, 2011). Affiliation with high-status complementors-that is, complementors that are members of the high-status group in their organizational field-can provide an important source of legitimacy of platforms because it implies a positive legitimacy judgment (Pollock, Lee, Jin, & Lashley, 2015) and stakeholders generally place a strong weight on positive legitimacy judgments by high-status organizations (Pollock, Chen, Jackson, & Hambrick, 2010). High-status complementors' decision to join a platform ecosystem thus implies a positive evaluation of the platform' legitimacy-thereby increasing the platform's legitimacy in the eyes of other stakeholder groups.…”

Section: The Moderating Role Of High-status Complementorsmentioning

confidence: 99%

Optimal distinctiveness in platform markets: Leveraging complementors as legitimacy buffers

Taeuscher

Rothe

2020

Strategic Management Journal

View full text Add to dashboard Cite

Research summary Optimal distinctiveness theory highlights that firms need to balance opposing pressures for differentiation (to gain competitive benefits) and conformity (to gain legitimacy). Yet, extant optimal distinctiveness research rarely considers that the pressure for conformity can substantially vary between competing firms. Studying the positioning and growth performance of competing platforms in the market for Massive Open Online Courses (MOOCs), we find that platforms' access to high‐status complementors—a common source of legitimacy in platform markets—substantially shapes the relationship between platforms' distinctiveness and user growth. Our longitudinal models show that platforms only benefit from a (moderately) distinctive positioning once they have buffered a certain amount of legitimacy. Our findings strongly suggest that firms can alleviate conformity pressures by accessing alternative sources of legitimacy. Managerial summary When does differentiation pay off? We study this question in the increasingly important context of platform markets to explain differences in platforms' user growth. Our longitudinal study of competition in the market for Massive Open Online Courses (MOOCs)—in which platforms like Coursera and Udacity compete for online learners as users—shows that the performance implications of a distinctive positioning substantially depend on the legitimacy that a platform has gained from attracting high‐status organizations as complementors. Platforms only benefit from differentiation once they surpass a certain legitimacy threshold, and the legitimacy they gain beyond this threshold accelerates the benefits of a (moderately) distinctive positioning.

show abstract

(Un)Tangled

Cited by 114 publications

References 87 publications

The geography of venture capital and entrepreneurial ventures’ demand for external equity

The geography of venture capital and entrepreneurial ventures’ demand for external equity

Are gossipers looked down upon? A norm-based perspective on the relation between gossip and gossiper status.

Optimal distinctiveness in platform markets: Leveraging complementors as legitimacy buffers

Contact Info

Product

Resources

About