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

J. S. Cramer; J. Hartog; N. Jonker; C. M. Van Praag

doi:10.1016/S0167-2681(01)00222-0

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

J. S. Cramer, J. Hartog, N. Jonker, C. M. Van Praag^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

306 Citations (Scopus)

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.

Original language	English
Pages (from-to)	29-36
Number of pages	8
Journal	Journal of Economic Behavior and Organization
Volume	48
Issue number	1
DOIs	https://doi.org/10.1016/S0167-2681(01)00222-0
Publication status	Published - 2002
Externally published	Yes

Keywords

Entrepreneurship
Occupational choice
Risk-taking
Self-employment

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/S0167-2681(01)00222-0

Cite this

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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.",

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KW - Occupational choice

KW - Risk-taking

KW - Self-employment

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

Abstract

Keywords

UN SDGs

Access to Document

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