... forces – institutional adaptability and large foreign firms – overlooked in the IB area. This study aims to conceptualize these two institutional forces and discusses the interaction between them and the political connection according to resource dependence theory. Design/methodology/approach...

.... Besides, as Pfeffer and Salancik (1978) contend from the resource dependence theory (RDT), the resource importance, the concentration of resource control, and the discretion over resource allocation and use are the three critical factors to influence the inter-organizational dependence. Resource...

... rights only Portfolio firms Power source match Resource dependence theory Venture capital syndication The inherent disadvantage of start-up enterprises forces them to look for external resources, financial or non-financial (Kaplan and Strömberg, 2003). Venture capital becomes a necessary...

.... Liang Zhang is the correspondence author can be contacted at: 13772073171@163.com 12 10 2016 14 03 2017 16 03 2017 © Emerald Publishing Limited 2017 Emerald Publishing Limited Licensed re-use rights only Corporate governance Agency theory Resource dependence theory...