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The Evolution of the Ict Start-Up Eco-System in Japan: From Corporate Logic to Venture Logic?

Author

Listed:
  • Masahiro Kotosaka

    (FFJ - Fondation France-Japon de l'EHESS - EHESS - École des hautes études en sciences sociales)

  • Mari Sako

    (FFJ - Fondation France-Japon de l'EHESS - EHESS - École des hautes études en sciences sociales)

Abstract

This paper uses the notion of institutional logics to advance our understanding of institutional change in the ICT start-up eco-system in Japan. We chose to study ICT start-ups because the rates of entry, growth, and exit are faster in this sector than in others, making it easier to observe institutional change. Our study, based on data from interviews, closed master classes and document analysis, is presented in three steps. First, we describe the two logics that coexist in the ICT start-up eco-system, namely Corporate Logic and Venture Logic, and practices under each logic in three arenas, namely the capital market, the labor market, and social networks. Second, we identify several factors that enabled the emergence of Venture Logic during the period since the mid-1990s. Third, looking into the future, we discuss the reasons why we predict that the two logics are likely to co-exist in this field, resulting in organizational heterogeneity.

Suggested Citation

  • Masahiro Kotosaka & Mari Sako, 2016. "The Evolution of the Ict Start-Up Eco-System in Japan: From Corporate Logic to Venture Logic?," Working Papers halshs-01652306, HAL.
    • Handle: RePEc:hal:wpaper:halshs-01652306
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01652306
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    References listed on IDEAS

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    5. Royston Greenwood & C. R. Hinings & Dave Whetten, 2014. "Rethinking Institutions and Organizations," Journal of Management Studies, Wiley Blackwell, vol. 51(7), pages 1206-1220, November.
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    More about this item

    Keywords

    corporate logic; venture logic; ICT; eco-system; labor market; capital market;
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