Learning to Quit? A Multi-Year, Multi-Site Field Experiment with Innovation-Driven Entrepreneurs

We thank conference and seminar participants at Bocconi University, Duke University, Georgia Tech, Harvard Business School, McGill University, Michigan State University, Purdue University, University of Chicago, University of Colorado, University of Mannheim, University of Southern California, University of Utah, University of Washington, the Advances in Field Experiments Conference, and the Southern California Strategy Conference for insightful feedback on both experiment design and/or findings. The Ewing Marion Kauffman Foundation provided generous financial support for this project under Foundation Grant G-201508-20151274. All errors and omissions are our own. Bailey: University of Houston; Fehder: Georgia Institute of Technology; Floyd: University of California at San Diego; Hochberg: Rice University, ECGI & NBER; Lee: University of Delaware. A randomized controlled trials registry entry is available at AEARCTR-0001566 (Fehder et al., 2016). This study was conducted under the oversight of the Rice University Institutional Review Board (IRB). The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

• online appendix