Abstract
Although it has been broadly evidenced that entrepreneurial experience plays a substantial role in the emergence of serial entrepreneurship, the debate is still going on about whether this relationship should be attributed to learning by doing or instead be explained by selection on ability. This paper proposes a strategy that combines the fixed-effects model and IV estimations to empirically distinguish ability selection effect from learning by doing in such context. Using panel data from the NLSY79, I find that both selection on ability and learning by doing account for a successful performance of a new business. However, the decision to form a serial business appears to be attributed only to selection on ability.
Original language | English |
---|---|
Title of host publication | Academy of Management Annual Meeting Proceedings |
Editors | Leslie Toombs |
Number of pages | 7 |
Place of Publication | Birminham, AL |
Publisher | Academy of Management |
Publication date | 2011 |
Publication status | Published - 2011 |
Event | 72nd Annual Meeting of the Academy of Management, AOM 2012: The Informal Economy - Boston, United States Duration: 3 Aug 2012 → 7 Aug 2012 Conference number: 72 http://annualmeeting.aomonline.org/2012/ |
Conference
Conference | 72nd Annual Meeting of the Academy of Management, AOM 2012 |
---|---|
Number | 72 |
Country/Territory | United States |
City | Boston |
Period | 03/08/2012 → 07/08/2012 |
Other | The Informal Economy |
Internet address |
Series | Academy of Management Proceedings |
---|---|
Volume | 2011 |
ISSN | 2151-6561 |