EconStor >
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim >
ZEW Discussion Papers, Zentrum für Europäische Wirtschaftsforschung (ZEW) >

Please use this identifier to cite or link to this item:
Title:Personal experience: a most vicious and limited circle!? On the role of entrepreneurial experience for firm survival PDF Logo
Authors:Metzger, Georg
Issue Date:2007
Series/Report no.:ZEW Discussion Papers 07-046
Abstract:The analysis in this paper gives attention to effects on firm survival which come from entrepreneurial experience. It is likely that different kinds of experience result in different firm developments and therefore in different types of firm exit. Particular emphasis is placed upon the effects of failure experience. The results provide evidence that both the kind of experience and the type of exit matter. Negative experience, namely the experience of failure, is found to heighten the risk of failing again. This finding indicates that business failures are largely not exceptions, but rather a sign of the entrepreneurs' lack of ability.
Subjects:Entrepreneurial Experience
Business Failure
Firm Survival
more recent Version:
Document Type:Working Paper
Appears in Collections:ZEW Discussion Papers, Zentrum für Europäische Wirtschaftsforschung (ZEW)
Publikationen von Forscherinnen und Forschern des Zentrums für Europäische Wirtschaftsforschung (ZEW)

Files in This Item:
File Description SizeFormat
dp07046.pdf493.8 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.