Learning from Others’ Failure and Successful Innovation in Entrepreneurship: Evidence from France

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People learn not only from their own success but also from others’ failure. However, we have limited understanding of whether this common knowledge also hold for entrepreneurs. To fill this gap, we analyze whether nascent entrepreneurs also learn from failure and successful innovation of other companies to create their own ventures. Using French firms data from 2010 to 2014, we find the empirical evidence of this kind of learning phenomena. Fixed effect regressions show the positive relationship between the number of entrepreneurs and the number of bankruptcy in a given region. The young and innovative enterprises also show the positive impact on the establishment of start-ups in a region.
Publisher
한국중소기업학회
Issue Date
2018
Language
English
Keywords

Entrepreneurship; Failure; Geographical Location; Successful Innovation

Citation

기업가정신과 벤처연구, v.21, no.2, pp.1 - 14

ISSN
1738-2599
URI
http://hdl.handle.net/10203/246977
Appears in Collection
MG-Journal Papers(저널논문)
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