Signalling legitimacy for SMEs transition environments-the case of the Bulgarian IT SectorSylvaine CASTELLANO
This research looks at legitimacy challenges of SMEs evolving in transition environments.
Facing lower visibility, higher institutional pressures and limited resources, SMEs
experience stronger need to demonstrate their legitimacy, their adherence to the
requirements of evaluating audiences. Two types of legitimacy are discussed—functional
and relational—that better capture the legitimacy needs of SMEs in transitional contexts.
Being multi-dimensional constructs, their dimensions are identified, and measurements ...