Advancing Entrepreneurship Theory Through Replication: A Case Study on Contemporary Methodological Challenges, Future Best Practices, and an Entreaty for Communality

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Abstract

Given that replication studies are important for theory building, theory testing, knowledge accumulation, and domain legitimacy, we attempted to replicate 19 seminal studies of new venture emergence that used PSED-type data; only six attempts were successful. Our humbling experience highlights how changes at the author, journal, and institutional levels—indeed, a communal effort—can encourage, facilitate, and expedite replication studies. We provide entrepreneurship scholars with ten best practices for conducting replication studies, as well as recommendations to other stakeholders to steer away from the replication “crisis” plaguing other research domains. As they say, it takes a village.

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Is psychology suffering from a replication crisis? What does "failure to replicate" really mean?

Scott E Maxwell, Michael Lau, George S Howard (2015)

Psychology has recently been viewed as facing a replication crisis because efforts to replicate past study findings frequently do not show the same result. Often, the first study showed a statistically significant result but the replication does not. Questions then arise about whether the first study results were false positives, and whether the replication study correctly indicates that there is truly no effect after all. This article suggests these so-called failures to replicate may not be failures at all, but rather are the result of low statistical power in single replication studies, and the result of failure to appreciate the need for multiple replications in order to have enough power to identify true effects. We provide examples of these power problems and suggest some solutions using Bayesian statistics and meta-analysis. Although the need for multiple replication studies may frustrate those who would prefer quick answers to psychology's alleged crisis, the large sample sizes typically needed to provide firm evidence will almost always require concerted efforts from multiple investigators. As a result, it remains to be seen how many of the recently claimed failures to replicate will be supported or instead may turn out to be artifacts of inadequate sample sizes and single study replications.

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Author and article information

Contributors

G. Christopher Crawford: (View ORCID Profile)

Vitaliy Skorodziyevskiy: (View ORCID Profile)

Casey J. Frid: (View ORCID Profile)

Thomas E. Nelson: (View ORCID Profile)

Ehsan Teymourian: (View ORCID Profile)

Journal

Title: Entrepreneurship Theory and Practice

Abbreviated Title: Entrepreneurship Theory and Practice

Publisher: SAGE Publications

ISSN (Print): 1042-2587

ISSN (Electronic): 1540-6520

Publication date Created: May 2022

Publication date (Electronic): January 31 2022

Publication date (Print): May 2022

Volume: 46

Issue: 3

Pages: 779-799

Affiliations

[1 ]Rutgers Business School, Rutgers University, Newark and New Brunswick, NJ, USA

[2 ]Department of Management & Info. Systems, Mississippi State University, Starkville, MS, USA

[3 ]Opus College of Business, University of St. Thomas, Minnesota, Minneapolis, MN, USA

[4 ]Mitchell College of Business, University of South Alabama, Mobile, AL, USA

[5 ]Muma College of Business, University of South Florida, Tampa, FL, USA

[6 ]Paul Reynolds and Associates, Steamboat Springs, CO, USA

Article

DOI: 10.1177/10422587211057422

SO-VID: 52808b7c-81b8-4ddd-811f-0d3d68c5847e

License:

http://journals.sagepub.com/page/policies/text-and-data-mining-license

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