TY - JOUR
T1 - Strategic choices
T2 - Accelerated startups' outsourcing decisions
AU - Bustamante, Carla V.
N1 - Funding Information:
Carla Bustamante's work was supported by Millennium Nucleus in Entrepreneurial Strategy Under Uncertainty ( NS130028 ).
Funding Information:
Carla Bustamante is the Director of a masters program in Innovation and Entrepreneurship at Universidad Adolfo Ibáñez, Chile. As an Assistant Professor she teaches entrepreneurship, management, and research methods. As Fulbright alumni, Carla obtained her Ph.D from the University of Colorado, Boulder. Carla has been a member of the Chilean Global Entrepreneurship Monitor (GEM) team, and she is currently an advisor for the Entrepreneurial Ecosystems Committee in the Government Agency for Economic Development (CORFO). Carla's research interests are entrepreneurship and strategy. Her current projects explore how the emergence of a venture capital industry is shaped by the institutional development of a country; and how cross-country differences shape growth strategies and performance for startup firms. With an interest in the contrast between emerging and developed economies, Carla focuses her research on institutional voids and missing institutions. This work was supported by Millennium Nucleus in Entrepreneurial Strategy Under Uncertainty [grant number: NS130028].
Publisher Copyright:
© 2018
PY - 2019/12
Y1 - 2019/12
N2 - By integrating transaction costs, the resource-based view, and institutional theories, this study illuminates the relevance of contracting capabilities and institutional distance in shaping insourcing versus outsourcing decisions. Combining different data sources, we create a panel that includes 405 startup-accelerator meetings held by 261 domestic and foreign startups participating in an international acceleration program. We learn that institutional distance and contracting capabilities shape the assessment between transaction and bureaucratic costs for a startup. Interestingly, we find that startup growth decisions differ between international and domestic startups. Our findings suggest that beyond considerations at the transaction level of analysis, firm and country-level characteristics are relevant predictors of governance decisions, and that capabilities and institutions deserve additional consideration in the study of firms' strategic choices related to growth.
AB - By integrating transaction costs, the resource-based view, and institutional theories, this study illuminates the relevance of contracting capabilities and institutional distance in shaping insourcing versus outsourcing decisions. Combining different data sources, we create a panel that includes 405 startup-accelerator meetings held by 261 domestic and foreign startups participating in an international acceleration program. We learn that institutional distance and contracting capabilities shape the assessment between transaction and bureaucratic costs for a startup. Interestingly, we find that startup growth decisions differ between international and domestic startups. Our findings suggest that beyond considerations at the transaction level of analysis, firm and country-level characteristics are relevant predictors of governance decisions, and that capabilities and institutions deserve additional consideration in the study of firms' strategic choices related to growth.
KW - Contracting capabilities
KW - Growth strategies
KW - Institutional distance
KW - International
KW - Outsourcing decisions
KW - Startups
UR - http://www.scopus.com/inward/record.url?scp=85049343594&partnerID=8YFLogxK
U2 - 10.1016/j.jbusres.2018.06.009
DO - 10.1016/j.jbusres.2018.06.009
M3 - Article
AN - SCOPUS:85049343594
VL - 105
SP - 359
EP - 369
JO - Journal of Business Research
JF - Journal of Business Research
SN - 0148-2963
ER -