Getting your hopes up but not seeing them through? Experiences as determinants of income expectations and persistence during the venturing process

Journal
Journal of Small Business Management
ISSN
0047-2778
Type
journal article
Date Issued
2021
Author(s)
;
Lejarraga, Jose
;
Pindard-Lejarraga, Maud
DOI
Research Team
https://www.alexandria.unisg.ch/persons/9249
Abstract (De)
In this study, we investigate the effects of industry and startup experiences on income expectations and persistence of nascent entrepreneurs. We posit that experience can have two interrelated effects: (1) it provides skills that may affect persistence, but also (2) affects performance expectations. We develop and test hypotheses about the impact of industry and startup experience on both expectations and persistence. Data of 808 nascent entrepreneurs from the Panel Study of Entrepreneurial Dynamics show that industry experience increases income expectations and persistence alike, whereas startup experience increases expectations without increasing persistence. We discuss implications for scholarship and practice.
Language
English
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
Taylor and Francis
Volume
59
Number
1
Start page
136
End page
161
URL
Subject(s)

business studies

Division(s)

SGI - St.Gallen Insti...

Eprints ID
262524
File(s)
Thumbnail Image
Name

Tietz, Lejarraga, Pindard-Lejarraga, 2021, JSBM, Getting your hopes up but not seeing them through, Experiences as determinants of income expectations and persistence during the venturing process.pdf

Size

2 MB

Format

Adobe PDF

Checksum (MD5)

088061a0ee613157e6f16fab6c75698c