Low risk aversion encourages the choice for entrepreneurship: an empirical test of a truism

Authors
Publication date 2002
Journal Journal of Economic Behavior & Organization
Volume | Issue number 48 | 1
Pages (from-to) 29-36
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
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
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