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A little bit of knowledge is a dangerous thing: Entrepreneurial experience and new venture disengagement
Copenhagen Business School, Frederiksberg, Denmark; Accelerace, Copenhagen, Denmark.
Linköping University, Department of Management and Engineering, The Institute for Analytical Sociology, IAS. Linköping University, Faculty of Arts and Sciences. Stockholm School of Economics, Stockholm, Sweden.ORCID iD: 0000-0001-7279-1006
Babson College, Arthur M. Blank Center for Entrepreneurship, Babson Park, MA, USA.
2017 (English)In: Journal of Business Venturing Insights, ISSN 2352-6734, Vol. 6, 36-46 p.Article in journal (Refereed) Published
Abstract [en]

Existing research has offered conflicting narratives of how entrepreneurial experience influences whether founders will continue working on or disengage from their ventures. We theorize and test how entrepreneurs with varying levels of experience disengage from early-stage companies. Findings reveal a U-shaped relationship, such that novices and highly experienced entrepreneurs are more likely to quit their ventures, while moderately experienced entrepreneurs are more likely to persist in their pursuits. We offer both theoretical and empirical explanations for how the propensity to disengage from new ventures evolves with entrepreneurial experience.

Place, publisher, year, edition, pages
Elsevier, 2017. Vol. 6, 36-46 p.
Keyword [en]
Serial entrepreneurship; Disengagement; Experience curves; Entrepreneurial behavior
National Category
Business Administration
Identifiers
URN: urn:nbn:se:liu:diva-142257DOI: 10.1016/j.jbvi.2016.10.001OAI: oai:DiVA.org:liu-142257DiVA: diva2:1151628
Available from: 2017-10-23 Created: 2017-10-23 Last updated: 2017-11-15Bibliographically approved

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Citation style
  • apa
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  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf