Arbeitspapier
Risk, balanced skills and entrepreneurship
This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more likely to become entrepreneurs. By not having taken this possible linkage into account, previous research has underestimated the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch university graduates provides evidence which supports this contention. It thereby raises the possibility that even risk-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated mixed evidence about the effects of risk aversion on selection into entrepreneurship.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 6200
- Klassifikation
-
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Human Capital; Skills; Occupational Choice; Labor Productivity
Entrepreneurship
New Firms; Startups
- Thema
-
entrepreneurship
jack-of-all-trades
risk
human capital
occupational choice
Unternehmer
Selbstständige
Risikoaversion
Bildungsverhalten
Berufswahl
Niederlande
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hsieh, Chihmao
Parker, Simon C.
van Praag, Mirjam
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2011
- Handle
- URN
-
urn:nbn:de:101:1-201201107499
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hsieh, Chihmao
- Parker, Simon C.
- van Praag, Mirjam
- Institute for the Study of Labor (IZA)
Entstanden
- 2011
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