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中文摘要：
基于寿命周期理论,不同发展阶段的企业在组织结构、战略及面临的主导问题等方面是存在显著差异的,因此,试图分析在不同寿命周期阶段下经验学习对新企业绩效的动态影响。借鉴已有理论,提出经验学习积极影响创建阶段企业的绩效,而与早期成长阶段企业的绩效间存在倒置U型非线性关系,并且在不同行业背景下（IT行业和传统制造业）两者间关系是存在差异的。通过对305家新企业展开实证分析,揭示了中国转型经济时期经验学习对于新企业的动态性影响规律。
英文摘要：
Based on life cycle theory, there exist great difference in organizational structures, strategies, and so on among different stages; therefore, we aim to further explore the dynamical impact of EL on new venture performance in different stages. This paper proposes the following hypotheses, that is, EL has a positive relationship with new venture performance in start-up stage, an inverted U-shaped relationship with new venture performance in early growth stage, and the relationship between these two variables exist differently in distinct industries （IT and traditional manufacturing industry）. We test our hypotheses based on a sample of 305 new firms in China, revealing the dynamic impact law of the EL of China＇s new ventures in China＇s economic transition.
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