In this study, we explore how institutional complexity in communities shapes the strategic orientation of new ventures. Drawing on a dataset of Japanese ventures, we explore how firms exhibit strategic orientations associated with stakeholder versus shareholder logics as exhibited by the pursuit...

Do first-mover advantages exist for public policy? The theory of the first-mover advantage has been well studied in organization theory and marketing science. It is generally accepted that first-mover firms have multiple benefits such as technological leadership, asset preemption, and heightened...