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 …

acquisition – serial entrepreneurs' performance follows a rising trajectory over successive venturing spells. Or whether …' performance trajectories using Panel Study of Income Dynamics (PSID) data, which track the dynamic performance of a sample of …