Learning from Experience:Novice and Serial Immigrant Entrepreneurs in Silicon Valley
Despite theoretical arguments for distinguishing between novice and serial entrepreneurs,empirical evidence on their differences remains inconclusive.This paper extends existing research,using a unique dataset of primarily immigrant Silicon Valley entrepreneurs.It finds that serial entrepreneurs displayed higher aspirations,embedded and diverse social networks,reliance on collaborators,access to external finance,and better performance,compared with novice entrepreneurs.Novices performed better with greater access to social capital and when collaborating with co-founders and advisors.Serial entrepreneurs reported higher performance when working alone.These findings contribute toward advancing our understanding of the value of experience on entrepreneurship,with theoretical and practical implications.
entrepreneur firm-founding experience social networks performance
A.Basu M.Virick
College of Business, San Jose State University, San Jose, California, USA
国际会议
苏州
英文
73-85
2013-07-08（万方平台首次上网日期，不代表论文的发表时间）