Low risk aversion encourages the choice for entrepreneurship: an empirical test of a truism
| Authors |
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| Publication date | 2002 |
| Journal | Journal of Economic Behavior & Organization |
| Volume | Issue number | 48 | 1 |
| Pages (from-to) | 29-36 |
| Organisations |
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| Abstract | Entrepreneurship is historically associated with risk bearing. Consequently, risk attitude is widely believed to affect the selection of individuals into entrepreneurial positions. The data support the supposedly negative effect of risk aversion on entrepreneurship selection. However, we do not feel enough confident about our measure of risk attitude to conclude anything concerning the causality of this relationship. |
| Document type | Article |
| Language | English |
| Published at |
https://doi.org/10.1016/S0167-2681(01)00222-0
(Final published version)
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