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 …

This paper examines financial professionals' overconfidence in their forecasting performance. We are the first to … compare individual financial professionals' self-ratings with their true forecasting performance. Data spans several years at … monthly frequency. The forecasters in our sample do not provide feasible self-ratings compared to their true performance but …

This paper examines financial professionals' overconfidence in their forecasting performance. We compare individuals …' self-rating of performance with the true performance, both measured relative to the same peer group. The forecasters in our … this, we find that working experience is accompanied by less overconfidence. Function is also related to less …

The impact of experience on entrepreneurial performance has been widely tested. Although experience is expected to … 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 …

or rely on a mutual confidence. If we look at the second solution, the entrepreneurial experience, because considered as … entrepreneurial training, is an advantage for the serial entrepreneur, because he or she has both more human capital (experience) and …

business, and who recall their business management experience positively are likely to harbour restart intentions. Only ‘being …

have left their first entrepreneurial experience. Over 35,000 serial entrepreneurs are identified and followed in their … second business, in order to evaluate how entrepreneurial experience acquired in the previous business improves persistence …-business-owners. The positive association found between prior experience and serial entrepreneurs' survival is mainly due to selection on …