Selection and Serial Entrepreneurs

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    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 languageEnglish
    Title of host publicationAcademy of Management Annual Meeting Proceedings
    EditorsLeslie Toombs
    Number of pages7
    Place of PublicationBirminham, AL
    PublisherAcademy of Management
    Publication date2011
    Publication statusPublished - 2011
    EventThe Academy of Management Annual Meeting 2012: The Informal Economy - Boston, United States
    Duration: 3 Aug 20127 Aug 2012
    Conference number: 72
    http://annualmeeting.aomonline.org/2012/

    Conference

    ConferenceThe Academy of Management Annual Meeting 2012
    Number72
    CountryUnited States
    CityBoston
    Period03/08/201207/08/2012
    OtherThe Informal Economy
    Internet address
    SeriesAcademy of Management Proceedings
    Volume2011
    ISSN2151-6561

    Bibliographical note

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    Cite this

    Chen, J. (2011). Selection and Serial Entrepreneurs. In L. Toombs (Ed.), Academy of Management Annual Meeting Proceedings Academy of Management. Academy of Management Proceedings, Vol.. 2011 http://esc-web.lib.cbs.dk/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=65870396&site=ehost-live&scope=site