The secrets to successful entrepreneurship: how occupational experience shapes the creation and performance of start-ups
本研究基于美国职业信息网络数据库和中国调查数据,通过因子分析和回归分析,验证了不同职业从业者的创业潜力差异,揭示了职业经验(如职业不确定性、市场接触、社会资本等)对创业进入和绩效的影响机制。
Purpose Previous experience is a critical factor affecting entrepreneurial activities; however, it has not been fully studied in the existing literature. This study attempts to comprehensively reveal the routes and mechanisms of occupational experience that affect entrepreneurial activities and assess the entrepreneurial potential of different occupational practitioners. Design/methodology/approach By matching occupational characteristics with entrepreneurs' competence, this study proposes ten hypotheses about how occupational experience affects entrepreneurial entry and performance. This empirical study is based on the Occupational Information Network database and Chinese survey data. Factor and regression analyses were used in the empirical research. Findings This study verifies that different occupational practitioners have varied entrepreneurial potential. Occupational experience, including occupational uncertainty, market contact and social capital, gained from previous experience significantly affects entrepreneurial entry. Meanwhile, occupational characteristics, including management experience, marketing experience, social capital, financial capital, risk-taking ability and creativity, accumulated from previous experience, have a significant impact on entrepreneurial performance. Originality/value This study is a pioneering attempt to reveal the relationship between occupational experience and entrepreneurial activities. The transmission mechanism of previous experiences affecting entrepreneurial activities is comprehensively revealed by relaxing the assumption of a representative occupation. These findings provide a theoretical foundation for empirical evidence and have important practical value.