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| Titel: |
Are You Experienced? Prior Experience and the Survival of New Organizations |
| Auteur: |
Dahl, Michael S. Reichstein, Toke |
| Verschenen in: |
Industry and innovation |
| Paginering: | Jaargang 14 (2007) nr. 5 pagina's 497-511 |
| Jaar: |
2007-12 |
| Inhoud: |
This paper investigates the relationship between the level of pre-entry experience of managers and founders, and the survival of their new firms. Using a comprehensive dataset covering the entire Danish labor market from 1980 to 2000, we are able to trace prior activities of all employees working in all Danish start-ups with at least one employee. We examine whether spin-offs from surviving parents, spin-offs from exiting parents or other start-ups are more likely to survive. Moreover, we investigate whether firms managed and founded by teams with higher levels of industry-specific experience have a higher chance of surviving. We find that spin-offs from a surviving parent and to a lesser degree industry-specific experience positively affects the likelihood of survival. We also find that spin-offs from a parent that exits are less likely to survive than either spin-offs from surviving parents or other start-ups. |
| Uitgever: |
Routledge |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
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