behavior. We focus on entrepreneurs who are permanently facing exchange processes in the interplay with investors, sellers, and … reciprocity influence the exit probability of entrepreneurs; and iii) willingness to trust and to act reciprocally influences the … entrepreneurial development. Interestingly, entrepreneurs are more trustful than employees, but much less trustful than managers. …

. The results show that entrepreneurs with low risk tolerance before entering self-employment and increased risk tolerance … when self-employed have a higher probability of survival than similar entrepreneurs experiencing a decrease in the … willingness to take risks. We find the opposite results for entrepreneurs who express a higher willingness to take risks before …

rates of entrepreneurs. Whereas recent research underpins the theoretical proposition of a positive correlation between risk … entrepreneurs. The empirical results confirm that persons whose risk attitudes are in the medium range survive significantly longer … as entrepreneurs than do persons with particularly low or high risks. …

Using data from the German Socio-Economic Panel Study (GSOEP), we analyze whether necessity entrepreneurs differ from … opportunity entrepreneurs in terms of self-employment duration. Using univariate statistics, we find that opportunity … entrepreneurs remain in self-employment longer than necessity entrepreneurs. However, after controlling for the entrepreneurs …