Authors:Peter W. Liesch, Lars Håkanson, Sara L. McGaughey, Stuart Middleton and Julia Cretchley
cluster status and centrality. ‘Resources’, ‘local’ and ‘ventures’ bridge these two clusters.
In IB, geography matters. Since its inception, the field has derived legitimacy through the observed
1950s and 1960s, folk culture brought to the stage by the community necessarily became a part of political representation as the political power sought to reinforce its own legitimacy by embedding the visually characteristic elements of folk culture in
a cooperative mechanism to extract resources vital to company performance, and that boards are to serve a boundary spanning role, enhancing organisational legitimacy ( Zahra – Pearce 1989 ). According to Lipton and Lorsch (1992) and Jensen (1993