Extending the Behavioral Theory of the Firm to Entrepreneurial Firms

P. Bromiley, Devaki Rau
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Abstract

While the Behavioral Theory of the Firm (BTOF) is one of the most popular theories of organizational change in the strategic management literature, the empirical work used to develop the theory used established firms; most empirical tests of the theory do likewise. Over the past decade or so, however, a number of studies have attempted to extend the BTOF to entrepreneurial firms. This paper examines the extent to which the BTOF applies to entrepreneurial firms. We propose that while some constructs and mechanisms specified in the BTOF (such as aspirations, routines, search, and learning) have limited relevance for entrepreneurial firms and need modifications to be relevant, other constructs and mechanisms (such as dominant coalitions and biases) have greater visibility and relevance in entrepreneurial firms than in larger firms. We conclude with a discussion of how we can most fruitfully apply the BTOF to explaining decision making by entrepreneurial firms.
将企业行为理论扩展到创业型企业
虽然企业行为理论(BTOF)是战略管理文献中最流行的组织变革理论之一,但用于发展该理论的实证工作使用的是老牌企业;该理论的大多数实证检验都是如此。然而,在过去十年左右的时间里,一些研究试图将BTOF扩展到创业公司。本文考察了BTOF在多大程度上适用于创业型企业。我们提出,虽然BTOF中规定的一些结构和机制(如抱负、惯例、搜索和学习)与创业型公司的相关性有限,需要修改才能相关,但其他结构和机制(如主导联盟和偏见)在创业型公司中比在大公司中具有更大的可见性和相关性。最后,我们讨论了如何最有效地应用BTOF来解释创业公司的决策。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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