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100			_aZuzul, Tiona and Tripsas, Mary _924105
245			_aStart-up inertia versus flexibility: The role of founder identity in a nascent industry
260			_aAdministrative Science Quarterly
300			_a 65(2), Jun, 2020: p.395-433
520			_aThrough an inductive, comparative study of four early entrants in the nascent air taxi market, we examine why start-ups, generally characterized as flexible, malleable entities, might instead exhibit inertial behavior. While two of the firms engaged in ongoing experimentation and adaptation, two firms actively reinforced their original venture concepts, even in the face of environmental shifts and declining firm performance. Comparisons of the firms revealed the importance of founders’ identities. Two founders saw themselves as “revolutionaries” building novel ventures to drive radical change. In contrast, two sets of founders saw themselves as “discoverers” identifying new opportunities and exploiting them to build successful businesses. We propose that these identities contributed to the firms’ inertia and flexibility primarily through the mechanism of identity affirmation. Acting in a manner consistent with their self-views, revolutionary founders committed to and actively reinvested in radical venture concepts, rejecting potentially adaptive changes that they felt compromised novelty. In contrast, discoverer founders prioritized experimentation and change in reaction to shifting conditions. We propose an emergent framework exploring how, in a nascent industry, a founder’s identity can set off self-reinforcing cycles of firm inertia or flexibility. – Reproduced
650			_aEntrepreneurship, Organizational change, Adaptation, Founder identity, Nascent industries _921493
773			_aAdministrative Science Quarterly
906			_aNEW BUSINESS ENTERPRISES - MANAGEMENT
942			_cAR