DOES EXPERIENCE DICTATE ENTREPRENEURIAL FIRM PERFORMANCE? A Meta-Analysis on the Experience-Performance Relationship
Whitney O. Peake, Maria I. MarshallABSTRACT. The impact of experience on entrepreneurial performance has been widely tested across the literature. Although experience is expected to positively impact performance, results are varied. This research synthesizes the current literature by determining systematic sources of variation through both exploratory and ordered probit analyses. Results reveal that start date for data collection and form of experience tested pose a major impact on the probability of obtaining a positive estimate for the experience-performance relationship. This research further emphasizes the need for tightened standards across the experience-performance literature in order to equip both academics and practitioners with access to better information. pp. 49-70