EconPapers    
Economics at your fingertips  
 

The entrepreneur's experiential diversity and entrepreneurial performance

Anne Spanjer and Arjen van Witteloostuijn
Additional contact information
Anne Spanjer: Tilburg University, School of Economics and Management
Arjen van Witteloostuijn: Tilburg University, School of Economics and Management

Other publications TiSEM from Tilburg University, School of Economics and Management

Abstract: This study examines the relationship between the entrepreneur’s experiential diversity and entrepreneurial performance. First, we argue that entrepreneurial and industry experiences are positively associated with performance. Second, by combining Lazear’s jacks-of-all-trades theory with the cognition and learning literatures, an inverted U-shaped experience diversity-performance relationship is predicted. The hypotheses are tested using data from the US National Labor Survey Youth 1979 and O*NET. We find that industry experience is positively associated with performance, but entrepreneurial experience is negatively related. Moreover, experience diversity measured in terms of skills is found to be positively associated with performance up to a certain threshold. After this threshold, an increase in an entrepreneur’s experiential diversity lowers performance. Entrepreneurs with 23 different skills have the highest performance. Furthermore, when depreciating for experience, experience diversity measured in terms of both skills and knowledge is found to be positively related to performance.

New Economics Papers: this item is included in nep-ino and nep-sbm
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Published in Small Business Economics: An International Journal (2017), v.49, nr.1, p.141-161

Downloads: (external link)
https://pure.uvt.nl/ws/portalfiles/portal/23455529 ... ential_diversity.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tiu:tiutis:c613c681-b545-4660-ad6a-467a47361a83

Access Statistics for this paper

More papers in Other publications TiSEM from Tilburg University, School of Economics and Management
Bibliographic data for series maintained by Richard Broekman ().

 
Page updated 2019-02-21
Handle: RePEc:tiu:tiutis:c613c681-b545-4660-ad6a-467a47361a83