Serial Entrepreneurship: A Literature Review, Integration and New Explanation

Dou Junsheng, Bao Jia

Foreign Economics & Management Vol. 38, Issue 04, pp. 90 - 103,113 (2016)  DOI:10.16538/j.cnki.fem.2016.04.007

Abstract

Serial entrepreneurship as an important part of habitual entrepreneurship is attracting more and more attention from scholars. Current serial entrepreneurship research still focuses on the comparison between serial entrepreneurship,portfolio entrepreneurship and novice entrepreneurship,and lacks the systematic interpretation of the uniqueness of serial entrepreneurship phenomenon and its motivations,possible performance differences of serial entrepreneurs and emergence mechanisms,and so on.Related empirical study is even scarce. Based on the systematic literature review,it finds that the relationship between entrepreneurial experiences and serial entrepreneurial intentions & follow-up performance can be explained from the perspectives of cognition,resources and emotion,and it is necessary to describe the differences in success or failure of entrepreneurship experiences to deep understand and grasp the complex relationship among them. Along with a summary of existing literature,this paper also tries to develop a new interpretation of serial entrepreneurship from the perspective of the escalation of commitment,which not only triggers more deep thinking,but also brings more credible paradigm reference to follow-up theoretical research. Finally,it makes simple prospects for some interesting topics in serial entrepreneurship research.

Keywords

serial entrepreneurship; habitual entrepreneurship; entrepreneurial experience; follow-up performance; entrepreneurial intention