The Role of Past Entrepreneurial Experience in the New Venture Creation Process: An Empirical Case on the Figure of a Serial Entrepreneur
23 Pages Posted: 15 Jun 2008
Date Written: May 2008
In this paper we focus on the concept of serial entrepreneur - an important type of habitual entrepreneur - in order to explain the phenomenon of a new venture creation. In particular, we suppose that prior entrepreneurial experiences of an entrepreneur play a main critical role in the development of successful entrepreneurial skills useful to a new venture. Based on qualitative methodology and following a longitudinal perspective of analysis, we strive to understand how serial entrepreneurs foster (or perhaps impede) the new venture creation and development, advancing propositions regarding the importance of prior entrepreneurial experience - in terms of social networks development - for accelerating the entrepreneurial learning process useful to the launch and development of a new venture.
Keywords: entrepreneurs, serial entrepreneurship, new venture creation, entrepreneurial experience, social network, longitudinal case study.
JEL Classification: M13, D92
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