Peter T. Bryant is an Assistant Professor of Entrepreneurship, IE Business School, Álvarez de Baena 4, 1, 28006 Madrid, Spain.
Imprinting by Design: The Microfoundations of Entrepreneurial Adaptation
Version of Record online: 5 JUN 2012
© 2012 Baylor University
Entrepreneurship Theory and Practice
Volume 38, Issue 5, pages 1081–1102, September 2014
How to Cite
Bryant, P. T. (2014), Imprinting by Design: The Microfoundations of Entrepreneurial Adaptation. Entrepreneurship Theory and Practice, 38: 1081–1102. doi: 10.1111/j.1540-6520.2012.00529.x
The author wishes to thank Davide Ravasi and the anonymous reviewers for this journal and the Academy of Management conference in 2011 for helpful comments on an early version of this paper. The Research Reported in this paper was partially funded by the Spanish Ministry of Science and Innovation, Grant No. ECO2010-22134-Creation of Industries through Regulation.
- Issue online: 3 SEP 2014
- Version of Record online: 5 JUN 2012
Entrepreneurial ventures need frequently to adapt. Yet their adaptive capacity is often limited by the legacies of imprinted founding characteristics. The question then arises whether it is possible to explain and manage the imprinting process so that the capacity to adapt is enhanced, rather than diminished. I address this question by developing a model of the microfoundations of imprinting based in collective memory. I argue that entrepreneurial founding teams naturally develop transactive autobiographical memory systems. By partially managing the design and imprinting of these memory systems, I argue that founders may improve their venture's long-term capacity to adapt.