Adaptation of New Organizations to Legitimacy Shocks: Postbellum Firearms Firms in the U.S. South, 1866-1914
In the wake of exogenous institutional change, organizational populations often experience a legitimacy shock. As a new institutional logic becomes dominant, old symbols and practices are delegitimated and new ones legitimated. Old symbols and practices persist into the postshock period, however, forming an ecology of diverse cohorts and audience schemas, some divergent and others convergent with the new institutional logic. Because new organizations look to their rivals for knowledge of how to...[Show more]
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