You are cordially invited to the following seminar hosted by the Department of Strategic Management at the Guanghua School of Management.

Topic: Is IPO the End of Entrepreneurship? Imprinting and Transformation

of Organizational Search Routines

Venue: Room 213, NewBuildingofGSM

Time: 10:00-11:30am, Dec. 10, 2008 (Wednesday)

Speaker: Dr. Xuanli Xie, Assistant Prof. of Strategic Management, The

GuanghuaSchoolofManagement,PekingUniv.

Should you have any enquiries, please contact Ms. Xuan Wang of the Strategy Department: xuanw@gsm.pku.edu.cn

Abstract：

Initial public offering (IPO) is a transformational event in the evolution of entrepreneurial firms. However, past research has not carefully examined the change IPO brought to the new ventures. This paper studies the changes in the entrepreneurial firm search routines before and after IPO. To solve the conflict between the inertia view and the adaptation view of the routine, we propose that whether firm search routine will be transformed by IPO depending on a set of imprinting factors and transformational factors. Based on behavioral theory and agency theory, we hypothesize founder status and past success are imprinting factor