Toward a theory of entry in moral markets: The role of social movements and organizational identity

Strategic Organization - Tập 18 Số 1 - Trang 50-74 - 2020
Panikos Georgallis1, Brandon Lee2
1University of Amsterdam, The Netherlands
2The University of Melbourne, Australia

Tóm tắt

A growing body of research on moral markets—sectors whose raison d’être is to create social value by offering market solutions to social and environmental issues—has offered critical insights into the emergence and growth of these sectors. Less is known, however, about why some firms enter moral markets while others do not. Drawing from research on market entry, organizational identity, and social movements, we develop a theory that highlights the potential of organizational identity to explain variation in entry into moral markets. We then expand our framework by theorizing about contingencies that alter the shape of the relationship between organizational identity and market entry: the flexibility of the organizations’ identity, the type, and orientation of the social movement supporting the moral market, and the mode of market entry (de novo vs de alio). Finally, we discuss the contributions of our framework and opportunities for its extension.

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