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In the management literature, the role of learning from experience and its effect on performance has been highlighted … learning. Building on different learning theories, we theorize about the effect of strategic change on performance when: (i … specificity of a portion of the accrued learning. This adverse effect is mitigated by venture launching experience and exacerbated …
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We set up a framework to conduct experiments for estimating spillover effects when units are grouped into mutually exclusive clusters. We improve upon existing methods by allowing for heteroskedasticity, intra-cluster correlation and cluster size heterogeneity, which are typically ignored when...
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