Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • February 2010
  • Article
  • Judgment and Decision Making

Conflict of Interest and the Intrusion of Bias

By: Don A. Moore, Lloyd Tanlu and Max Bazerman
  • Format:Print
  • | Pages:17
ShareBar

Abstract

This paper presents evidence of performance persistence in entrepreneurship. We show that entrepreneurs with a track record of success are much more likely to succeed than first-time entrepreneurs and those who have previously failed. In particular, they exhibit persistence in selecting the right industry and time to start new ventures. Entrepreneurs with demonstrated market-timing skill are also more likely to outperform industry peers in their subsequent ventures. This is consistent with the view that if suppliers and customers perceive the entrepreneur to have market-timing skill, and is therefore more likely to succeed, they will be more willing to commit resources to the firm. In this way, success breeds success and strengthens performance persistence.

Keywords

Conflict of Interests; Prejudice and Bias; Performance; Entrepreneurship; Market Timing; Competency and Skills; Perception; Business Startups; Resource Allocation

Citation

Moore, Don A., Lloyd Tanlu, and Max Bazerman. "Conflict of Interest and the Intrusion of Bias." Judgment and Decision Making 5, no. 1 (February 2010): 37–53.
  • Find it at Harvard

About The Author

Max H. Bazerman

Negotiation, Organizations & Markets
→More Publications

More from the Authors

    • 2022
    • Behavioral Science & Policy

    Leadership & Overconfidence

    By: Don A Moore and Max H. Bazerman
    • 2022
    • Faculty Research

    Complicit: How We Enable the Unethical and How to Stop

    By: Max H. Bazerman
    • 2022
    • Faculty Research

    Redirecting Rawlsian Reasoning Toward the Greater Good

    By: Joshua D. Greene, Karen Huang and Max Bazerman
More from the Authors
  • Leadership & Overconfidence By: Don A Moore and Max H. Bazerman
  • Complicit: How We Enable the Unethical and How to Stop By: Max H. Bazerman
  • Redirecting Rawlsian Reasoning Toward the Greater Good By: Joshua D. Greene, Karen Huang and Max Bazerman
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College