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Exploring the Role of Experience in the Process of Entrepreneurial Learning

Author

Listed:
  • Politis, Diamanto

    (Department of Business Administration, School of Economics and Management, Lund University)

  • Gabrielsson, Jonas

    (Department of Business Administration, School of Economics and Management, Lund University)

Abstract

Researchers have recently showed an increasing interest in understanding entrepreneurship as an experiential learning process. In this article, we investigate the role of prior career experience for the development of entrepreneurial knowledge, i.e., knowledge that facilitates for individuals to recognize and act on opportunities as well as to organize and manage new ventures. Based on an analysis of 291 Swedish entrepreneurs we find links between various career experiences and the development of entrepreneurial knowledge. In addition we also find evidence that the entrepreneurs’ preference for exploring new possibilities vs. exploiting pre-existing knowledge are important to consider to explain this process. The study ends with a discussion of the findings, together with suggestions for future research.

Suggested Citation

  • Politis, Diamanto & Gabrielsson, Jonas, 2005. "Exploring the Role of Experience in the Process of Entrepreneurial Learning," Working Paper Series 2005/1, Lund University, Institute of Economic Research.
    • Handle: RePEc:hhb:lufewp:2005_001
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    Citations

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    Cited by:

    1. Mattias Brachert & Walter Hyll, 2014. "On the Stability of Preferences: Repercussions of Entrepreneurship on Risk Attitudes," SOEPpapers on Multidisciplinary Panel Data Research 667, DIW Berlin, The German Socio-Economic Panel (SOEP).
    2. Muhammad Furqan Ashraf & Babak Mahmood & Mudassar Mushtaq, 2019. "An Empirical Study of Impediments of Entrepreneurship Failure. A Case Study of District Faisalabad, Punjab, Pakistan. (Thematic Analysis)," Global Regional Review, Humanity Only, vol. 4(1), pages 343-350, March.
    3. Huatao Peng & Chen Zhou & Yang Liu, 2020. "Entrepreneurial Experience and Performance: From the Aspect of Sustainable Growth of Enterprises," Sustainability, MDPI, vol. 12(18), pages 1-24, September.
    4. Stephanie Duchek, 2018. "Entrepreneurial resilience: a biographical analysis of successful entrepreneurs," International Entrepreneurship and Management Journal, Springer, vol. 14(2), pages 429-455, June.
    5. Marvin Henry & Thijs Hoogenstrijd & Julian Kirchherr, 2023. "Motivations and identities of “grassroots” circular entrepreneurs: An initial exploration," Business Strategy and the Environment, Wiley Blackwell, vol. 32(3), pages 1122-1141, March.

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