.png){kind=icon}
返回
Performance persistence in entrepreneurship
.png){kind=icon}
PRE
AI
DOI：10.1016/j.jfineco.2009.11.001.png)
.png){kind=icon}
原文求助.png){kind=icon}
分享.png){kind=icon}
收藏
摘要
En 中文
This paper presents evidence of performance persistence in entrepreneurship. We show that entrepreneurs with a track record of success are much more likely to succeed than first-time entrepreneurs and those who have previously failed. In particular, they exhibit persistence in selecting the right industry and time to start new ventures. Entrepreneurs with demonstrated market timing skill are also more likely to outperform industry peers in their subsequent ventures. This is consistent with the view that if suppliers and customers perceive the entrepreneur to have market timing skill, and is therefore more likely to succeed, they will be more willing to commit resources to the firm. In this way, success breeds success and strengthens performance persistence. (C) 2010 Published by Elsevier B.V.
Keyword:
Private equity
New ventures
Venture capital
期刊
IF:
12
论文数:
3.8K
被引数:
5.5W
机构
引用论文
Should Investors Bet on the Jockey or the Horse? Evidence from the Evolution of Firms from Early Business Plans to Public Companies投资者应该押注骑师还是马？公司从早期商业计划到上市公司演变的证据.png)
JOURNAL OF FINANCE
OAAI
JOURNAL OF FINANCEIF9.5
OAAI分享收藏Current programmed control of a single phase two-switch buck-boost power factor correction circuit
PREAI
分享收藏How smart is smart money? A two-sided matching model of venture capital聪明的钱有多聪明？风险投资的双边匹配模型JOURNAL OF FINANCE
JOURNAL OF FINANCEIF9.5
PREAI
分享收藏Entrepreneurial spawning: Public corporations and the genesis of new ventures, 1986 to 1999JOURNAL OF FINANCEOAAI
JOURNAL OF FINANCEIF9.5
OAAI分享收藏Venture capital and the professionalization of start-up firms: Empirical evidence风险投资与初创企业的专业化: 经验证据JOURNAL OF FINANCE
JOURNAL OF FINANCEIF9.5
PREAI
分享收藏
查看更多内容