Are Entrepreneurs More Optimistic Than Managers: Evidence From a Lab-in-the-Field Experiment

Martin Koudstaal, Mirjam Van Praag, Randolph Sloof

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    Abstrakt

    We study optimism among entrepreneurs, managers and employees using data from a large lab-in-the-field experiment.The results on two survey measures indicate that entrepreneurs are more optimistic than managers and employees in
    their dispositional optimism and their attributional style when bad events occur. Such optimism is not unique to entrepreneurs, though. More successful managers (e.g. CEOs) are similarly optimistic. Furthermore, examination of two incentivized measures of overestimation yields that both entrepreneurs and managers are more prone to overestimate their own ability or a future stock market closing price. On all four measures, however, employees are least optimistic.
    OriginalsprogEngelsk
    Publikationsdato2015
    Antal sider26
    StatusUdgivet - 2015
    BegivenhedThe DRUID Society Conference 2015: The Relevance of Innovation - LUISS Business School, Rome, Italien
    Varighed: 15 jun. 201517 jun. 2015
    Konferencens nummer: 37
    http://druid8.sit.aau.dk/druid/registrant/index/login/cid/16

    Konference

    KonferenceThe DRUID Society Conference 2015
    Nummer37
    LokationLUISS Business School
    LandItalien
    ByRome
    Periode15/06/201517/06/2015
    SponsorLUISS Guido Carli - Libera Università Internazionale degli Studi Sociali Guido Carli
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