Document Type

Article

Publication Date

1-2026

Publisher

Elsevier

Source Publication

Journal of Business Research

Source ISSN

0148-2963

Original Item ID

DOI: 10.1016/j.jbusres.2025.115749

Abstract

Accumulated experience impacts organizational outcomes. Prior work suggests superior outcomes when firms follow a regular pattern of experience accumulation in which time is equally spaced between successive events. However, this prior work does not consider whether other regular patterns of experience accumulation exist and whether they matter. We examine two novel patterns of experience accumulation in the context of acquisitions: contracting practice in which time between acquisitions shrinks over time and expanding practice in which time between acquisitions increases over time. Moreover, we offer qualitative data from senior executives to provide intuition for our statistical results. Overall, our pattern of results reveals an expanding practice experience schedules may positively impact firm performance.

Comments

Journal of Business Research, Vol. 202, 115749 (2025). DOI. © 2025 Elsevier Inc. Used with permission.

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