Toft-Kehler, Rasmus; Wennberg, Karl; Kim, Phillip H. - In: Journal of Business Venturing 29 (2014) 4, pp. 453-470
performance of new ventures. We propose an alternate framework demonstrating how experience translates into expertise by arguing … that the positive experience–performance relationship only appears to expert entrepreneurs, while novice entrepreneurs may … ventures. These negative performance implications can be alleviated if the level of contextual similarity between prior and …