Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/31818
Authors: 
Bhaduri, Saradindu
Worch, Hagen
Year of Publication: 
2008
Series/Report no.: 
Papers on economics and evolution 0804
Abstract: 
The theoretical literature identifies three important entrepreneurial dimensions, namely discovering new opportunities, responsiveness to uncertainty, and coordination of a firm. In the empirical literature, past experience has been identified as having an important influence on organizational behavior. This literature, however, focuses predominantly on the impact of experience on new opportunities using a resource-based view and human capital perspective. In contrast, we draw upon the cognitive science literature to argue that past experience shapes an entrepreneur's cognitive frame, and, hence, influences entrepreneurship in a more holistic manner. We provide econometric evidence of the impact of past experience on all three entrepreneurial dimensions from the small scale Indian pharmaceutical enterprises.
Subjects: 
Entrepreneurship
Past experience
Cognition
Information and knowledge, Indian pharmaceutical industry
JEL: 
L26
M10
D83
Document Type: 
Working Paper

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