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Cognitive skills, gender and risk preferences
Booth, Alison L.; Katic, Pamela - 2012
In this paper we utilise data from a unique new birth-cohort study to see how the risk preferences of young people are affected by cognitive skills and gender. We find that cognitive ability (measured by the percentile ranking for university entrance at age 18) has no effect on risk preferences...
Persistent link: https://www.econbiz.de/10010289842
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Innovation and the determinants of firm survival
Buddelmeyer, Hielke; Jensen, Paul H.; Webster, Elizabeth - 2006
-to-the-world innovation is inherently risky and therefore may increase the probability of firm death. However, many existing studies … fail to distinguish between innovation investments and innovation capital. Using an unbalanced panel of over 290 … innovation and survival and find that current innovation investments increase the probability of death while innovation capital …
Persistent link: https://www.econbiz.de/10010268043