Risk, Balanced Skills and Entrepreneurship

Chihmao Hsieh, Simon C. Parker, Mirjam Van Praag

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    Abstrakt

    This paper proposes that risk aversionencourages individuals to invest in balanced skillprofiles, making them more likely to become entrepreneurs.By not taking this possible linkage intoaccount, previous research has underestimated theimpacts of both risk aversion and balanced skills onthe likelihood individuals choose entrepreneurship.Data on Dutch university graduates provide an illustrationsupporting our contention. We raise thepossibility that even risk-averse people might besuited to entrepreneurship; and it may also help
    OriginalsprogEngelsk
    TidsskriftSmall Business Economics
    Vol/bind48
    Udgave nummer2
    Sider (fra-til)287-302
    Antal sider16
    ISSN0921-898X
    DOI
    StatusUdgivet - feb. 2017

    Emneord

    • Entrepreneurship
    • Jack-of-all-trades
    • Risk
    • Human capital
    • Occupational choice
    • Balanced skills

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