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2005-01-01
英文文献:Are you experienced? Prior experience and the survival of new organizations-你有经验吗?以前的经验和新组织的生存
英文文献作者:Michael S. Dahl,Toke Reichstein
英文文献摘要:
This paper investigates the relationship between the level of experience of managers and founders, and the likelihood of survival of their new firms. We take advantage of a comprehensive dataset covering the entire Danish labor market from 1980-2000. This is used to trace the activities of top ranked members of start-ups prior to their founding, and follow the fate of these firms. More specifically, we compare the survival of spin-offs from surviving parents, spin-offs from exiting parents, and other start-ups. Moreover, we investigate whether firms managed and founded by more experienced teams with higher levels of industry-specific experience are more likely to survive. Distinguishing between survivors and firms that have been acquired, we find that spin-offs from a surviving parent company combined with and industry-specific experience, positively affects the likelihood of survival. We also find that spin-offs from parent companies that exit are less likely to survive than either spin-offs from surviving parents or other start-ups. These findings support the theoretical arguments that organizational heritage is important for the survival of new organizations. We found no similar significant results when comparing exits with firms that have been acquired.

摘要本文探讨了管理者和创业者的经验水平与新企业生存可能性之间的关系。我们利用了一个全面的数据集,涵盖了从1980年到2000年的整个丹麦劳动力市场。它用来追踪初创企业中排名靠前的成员在成立之前的活动,并追踪这些公司的命运。更具体地说,我们比较了存续下来的母公司剥离出来的公司、退出的母公司剥离出来的公司以及其他初创企业的存续情况。此外,我们还调查了由具有更高行业特定经验的更有经验的团队管理和创建的公司是否更有可能生存下来。区分幸存者和已被收购的公司,我们发现,从幸存的母公司剥离,结合特定行业的经验,积极影响生存的可能性。我们还发现,与幸存的母公司或其他初创企业剥离出来的资产相比,从退出的母公司剥离出来的资产存活下来的可能性更小。这些发现支持了组织遗产对新组织的生存很重要的理论论点。当我们将退出公司与被收购的公司进行比较时,我们没有发现类似的显著结果。
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