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

By J. Cramer, Joop Hartog, Nicole Jonker, C. M. van Praag. 2002

574 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/39c1c1eb7b88fccf7303d15dcc0a4253aa9f7094

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In Management of Technology and Innovation

Citations in the corpus

"I Think I Can, I Think I Can": Overconfidence and Entrepreneurial Behavior (2007, background): “Although data support the existence of some negative effects of risk aversion on entrepreneurial choices, the causality of the relationship is still unclear (Cramer et al., 2002).”
Perceived public support and entrepreneurship attitudes: A little reciprocity can go a long way! (2020, background): “…higher risk tolerance than small business managers (Begley and Boyd, 1987) and that low risk aversion is positively related to the choice of entrepreneurship as a career (Caliendo, Fossen, & Kritikos, 2009; Cramer, Hartog, Jonker, & Van Praag, 2002; Dawson & Henley, 2015; Douglas & Shepherd, 2002).”
Gender gap in latent and nascent entrepreneurship: driven by competitiveness (2013, background): “Reviewing the literature on gender differences in economic experiments, Croson and Gneezy (2009) identify robust gender differences in competitive preferences.”
Agents of Structural Change: The Role of Firms and Entrepreneurs in Regional Diversification (2018, background): “For instance, scholars have shown that entrepreneurs are typically more risk taking (Cramer et al. 2002) and creative (Zhao and Seibert 2006) than the average individual.”
Ageing and entrepreneurial preferences (2013, unknown): “…the perceived lack of financial support for starting a firm as a proxy for liquidity constraints (Evans and Jovanovic 1989) and the individual’s tolerance of risk as a way to account for variations in risk propensity that are not captured by the entrepreneurial preferences (Cramer et al. 2002).”
Attitudes toward risk and self-employment of young workers☆ (2010, background): “…research has been limited by a lack of data on individual risk preference—and even when data are available, empirical researchers have typically assumed that self-reported individual risk attitudes are measured without errors (Cramer et al., 2002; Guiso and Paiella, 2005; Dohmen et al., 2005).”
Bureaucracy and Entrepreneurship: Workplace Effects on Entrepreneurial Entry (2007, background): “A large body of research, for example, links individual differences in risk aversion to entrepreneurship (Kihlstrom and Laffont, 1979; Cramer et al., 2002; Ekelund et al., 2005; for a skeptical view, see Xu and Ruef, 2004).”
Entrepreneurial attitude, innovation and performance among Norwegian nature-based tourism enterprises (2008, background): “The general literature reaches similar findings where risk takers are more likely to initiate a new activity (Knight 1961) and risk attitude affects the selection of individuals into entrepreneurial positions (Cramer et al., 2002).”
Risk attitudes of nascent entrepreneurs–new evidence from an experimentally validated survey (2009, background): “…conclusion that the willingness of a nascent entrepreneur to accept risks is not a dominant factor in his/her decision to start an own business; and Cramer et al. (2002) do not feel confident enough to conclude anything concerning the causality between risk aversion and entrepreneurial selection…”
Entrepreneurship and Risk Aversion (2006, background): “investigating the effect of risk aversion on business startups (notably Van Praag and Cramer, 2001, and van Praag et al., 2002 ).”