Publication:
Getting Your Hopes Up but Not Seeing Them Through? Experiences as Determinants of Income Expectations and Persistence During the Venturing Process

Thumbnail Image
Files
Getting Your Hopes Up but Not Seeing Them Through.pdf (582.66 KB)
Date
2020-01-16
Authors
Advisor
Court
Journal Title
Journal ISSN
Volume Title
Publisher
Taylor & Francis
Defense Date
Metrics
Citation
Research Projects
Organizational Units
Journal Issue
URI
https://hdl.handle.net/20.500.14417/3772
DOI
https://doi.org/10.1111/jsbm.12472
Abstract
In this study, we investigate the effects of industry and startup experiences on income expectations and persistence of nascent entrepreneurs. We posit that experience can have two interrelated effects: (1) it provides skills that may affect persistence, but also (2) affects performance expectations. We develop and test hypotheses about the impact of industry and startup experience on both expectations and persistence. Data of 808 nascent entrepreneurs from the Panel Study of Entrepreneurial Dynamics show that industry experience increases income expectations and persistence alike, whereas startup experience increases expectations without increasing persistence. We discuss implications for scholarship and practice.
Unesco subjects
License
Attribution-NonCommercial-NoDerivatives 4.0 International
School
IE Business School
Center
Keywords
Citation
Tietz, M. A., Lejarraga, J., & Pindard-Lejarraga, M. (2020). Getting your hopes up but not seeing them through? Experiences as determinants of income expectations and persistence during the venturing process. Journal of Small Business Management, 59(1), 136–161. https://doi.org/10.1111/jsbm.12472
Collections
Research Articles