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 journalArticlepeer-review

259 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 languageEnglish
Pages (from-to)29-36
Number of pages8
JournalJournal of Economic Behavior and Organization
Volume48
Issue number1
DOIs
Publication statusPublished - 2002
Externally publishedYes

Keywords

  • Entrepreneurship
  • Occupational choice
  • Risk-taking
  • Self-employment

Fingerprint

Dive into the research topics of 'Low risk aversion encourages the choice for entrepreneurship: an empirical test of a truism'. Together they form a unique fingerprint.

Cite this