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I am in a cargo-cult, what do I do if the plane actually lands: Do entrepreneurs really learn?

In a recent paper, Frankish and colleagues reported research showing that entrepreneurs do not really learn, they just claim they do. They analysed data from 6854 firms and found no connection between previous business ownership and likelihood of future success in a new venture. People who have previously owned a business had the same failure rates as people who are just starting out. Frankish et […]