Risk attitudes of nascent entrepreneurs–new evidence from an experimentally validated survey

By Marco Caliendo, Frank M. Fossen, A. Kritikos. Social Science Research Network, 2009

628 citations recorded by the source corpus.

Subfields: Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/4afaf45425dd9e9625a264885dcb224b979c122d

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In Management of Technology and Innovation

Citations in the corpus

Trust, Positive Reciprocity, and Negative Reciprocity: Do These Traits Impact Entrepreneurial Dynamics? (2010, methodology): “Furthe more, the self-employed are more risktolerant than the others (as shown in Caliendo, Fossen, and Kritikos, 2009).”
Are Entrepreneurs Influenced by Risk Attitude, Regulatory Focus or Both? An Experiment on Entrepreneurs’ Time Allocation (2012, result): “This distribution of risk attitudes is similar to other research findings, even though the measures for risk attitude differ: Caliendo et al. (2009) report that 79% of their self-employed sample have a low or medium general willingness to take risks (which we interpret as risk aversion), while Elsto”
Opportunity Versus Necessity Entrepreneurship: Two Components of Business Creation (2018, neutral): “(2011) based on a sample of entrepreneurs in Belgium, Dawson and Henley (2012) based on the UK Quarterly Labour Force Survey, Calderon et al.”
Personality characteristics and the decisions to become and stay self-employed (2013, positive): “…for differences in risk tolerance (in specification B) diminishes the gender effects on self-employment state and entry, which shows that gender differences in risk tolerance explain part of the gender gap in self-employment (see also Caliendo et al. 2009; Fossen 2012; Verheul et al. 2012).”
Failure or voluntary exit? Reassessing the female underperformance hypothesis (2015, background): “Literature reports that females are, on average, more risk-averse than males (Croson and Gneezy, 2009; Dohmen et al., 2011), which should not only refrain them from self-selecting into entrepreneurial positions (Caliendo et al., 2009), but also from remaining in those positions over time.”
Personality Traits of Entrepreneurs: A Review of Recent Literature (2018, neutral): “Caliendo et al. (2009) observe in the GSOEP that individuals with lower risk aversion are more likely to become self-employed if they are coming out of regular employment, but risk aversion does not explain entry for those coming out of unemployment or inactivity.”
Socio-cognitive traits and entrepreneurship: The moderating role of economic institutions (2019, background): “Fear of failure frames how individuals define and bear uncertainty in achievement situations (Heckhausen, 2013) and is considered a major impediment to entrepreneurial action (Caliendo et al., 2009).”
Religious institutions and entrepreneurship (2014, background): “Moreover, the relationship between religion and entrepreneurship, at the individual level, is interdependent and affected by a wide range of additional factors such as personality, ethnicity, network structures, education (Carswell and Rolland 2004) and risk attitude (Caliendo et al. 2009).”
The Preference Survey Module: A Validated Instrument for Measuring Risk, Time, and Social Preferences (2016, background): “…of life, for example, occupational choice and self-employment, geographical mobility, ownership of risky assets, as well as smoking (see, e.g., Bonin et al. 2007, Caliendo et al. 2009, Jaeger et al. 2010, Dohmen et al. 2011, Barasinska et al. 2012, Bauernschuster et al. 2014, Fouarge et al. 2014).”
The Effects of Entrepreneurship Education (2010, methodology): “7 This scale is based on items first used in the 2004 wave of the Socio-economic Panel (SOEP) and employed by Dohmen et al. (2008) and Caliendo et al. (2009).”
Individual Determinants of Self-Employment Entry – What Do We Really Know? (2013, neutral): “An additional contribution is provided by Caliendo et al. (2009).”
How culture moulds the effects of self-efficacy and fear of failure on entrepreneurship (2013, background): “Since entrepreneurship is intimately related to uncertainty and risk taking, individual’s fear of failure is a potent factor inhibiting entrepreneurial entry (Caliendo, Fossen, and Kritikos 2009).”