Abstract
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
Original language | English |
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Journal | Small Business Economics |
Volume | 48 |
Issue number | 2 |
Pages (from-to) | 287-302 |
Number of pages | 16 |
ISSN | 0921-898X |
DOIs | |
Publication status | Published - Feb 2017 |
Keywords
- Entrepreneurship
- Jack-of-all-trades
- Risk
- Human capital
- Occupational choice
- Balanced skills