caa a22 4500 445849525 CHVBK 20180317145409.0 cr unu---uuuuu 170323e20110901xx s 000 0 eng 10.1007/s10843-011-0075-0 doi (NATIONALLICENCE)springer-10.1007/s10843-011-0075-0 Turcan Romeo Department of Business and Management, Aalborg University, Fibigerstræde 2, 9220, Aalborg Øst, Denmark aut Toward a theory of international new venture survivability [Elektronische Daten] [Romeo Turcan] In this longitudinal study, we explore in-depth how entrepreneurs acquire legitimacy for their new ventures in an attempt to internationalise and survive before and after the dot.com bubble. We adopted a longitudinal multiple-case study methodology for the purpose of theory building. Five firms were selected on the basis of purposeful sampling logic from a homogeneous empirical context: they were small, software firms from Scotland that internationalised and struggled for survival between 1999 and 2001. To explore these companies' critical events and episodes, the method of critical incident technique was employed. The method of constructing typologies by reduction was employed to advance the typology of hype defined as the overall sentiment of the environmental context, within which the firm is embedded, about the future. Grounded in data, there emerged a middle-range theory of international new venture survivability that postulates that the closer the new venture is to the hype, the higher the likelihood of failure. Several implications to the theory of new venture legitimacy could be singled out. The paper makes an attempt to understand the nature of a legitimacy threshold. The data in the study points to the continuous nature of the legitimacy threshold and suggest that it may be defined by the time when the emergent industry moves away from hype towards risk decision making settings. A set of propositions is put forward to stimulate future research in the area of new venture legitimacy. Springer Science+Business Media, LLC, 2011 International new venture nationallicence Legitimacy nationallicence Hype nationallicence Survivability nationallicence Critical incident technique nationallicence Theory building nationallicence Journal of International Entrepreneurship Springer US; http://www.springer-ny.com 9/3(2011-09-01), 213-232 1570-7385 9:3<213 2011 9 10843 https://doi.org/10.1007/s10843-011-0075-0 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10843-011-0075-0 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Turcan Romeo Department of Business and Management, Aalborg University, Fibigerstræde 2, 9220, Aalborg Øst, Denmark aut NATIONALLICENCE 773 0- Journal of International Entrepreneurship Springer US; http://www.springer-ny.com 9/3(2011-09-01), 213-232 1570-7385 9:3<213 2011 9 10843 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer