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Risk, balanced skills and entrepreneurship
journal contribution
posted on 2023-06-21, 06:02 authored by Chihmao Hsieh, Simon Parker, C Mirjam van PraagThis paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more likely to become entrepreneurs. By not taking this possible linkage into account, previous research has underestimated the impacts of both risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch university graduates provide an illustration supporting our contention. We raise the possibility that even risk-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated somewhat mixed evidence about the effects of risk aversion on selection into entrepreneurship.
History
Publication status
- Published
File Version
- Published version
Journal
Small Business EconomicsISSN
0921-898XPublisher
SpringerExternal DOI
Issue
2Volume
48Page range
287-302Department affiliated with
- Business and Management Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2016-11-14First Open Access (FOA) Date
2017-04-12First Compliant Deposit (FCD) Date
2017-04-12Usage metrics
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