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Entrepreneurial success and subjective well-being : worries about the business explain one's well-being loss from self-employment
Binder, Martin - 2017
, focussing specifically on poor performance enterprises, a prevalent but disregarded type of entrepreneurship. Using German panel …
Persistent link: https://www.econbiz.de/10011782009
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Personality traits, self-employment, and professions
Fritsch, Michael; Rusakova, Alina - 2010
We investigate the effect of broad personality traits - the Big Five - on an individual's decision to become self-employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of selfemployment varies considerably across professions, we...
Persistent link: https://www.econbiz.de/10008826989
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Are education and entrepreneurial income endogenous and do family background variables make sense as instruments? : a Bayesian analysis
Block, Jörn; Hoogerheide, Lennart; Thurik, Adriaan R. - 2010 - Current version: February 2010
Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instrumental...
Persistent link: https://www.econbiz.de/10008826247
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Risk preference and entrepreneurial investment at the top of the wealth distribution
Fossen, Frank M.; König, Johannes; Schröder, Carsten - 2021
We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel Study. The data include private wealth balance sheets,...
Persistent link: https://www.econbiz.de/10012430244
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Trust, positive reciprocity, and negative reciprocity : do these traits impact entrepreneurial dynamics?
Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander - 2010
Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively reciprocal ways. So far it is rarely analyzed whether these variables of social cognition influence everyday decision making behavior. We focus on entrepreneurs who are...
Persistent link: https://www.econbiz.de/10008826905
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Public health insurance and entry into self-employment
Fossen, Frank M.; König, Johannes - 2015
insurance system on the entry rate into entrepreneurship. In Germany, the public health insurance system is mandatory for most … based on representative household panel data for Germany, which include personal health information, and we account for non … points, i.e. about a third of the average annual entry rate. The results show that the phenomenon of entrepreneurship lock …
Persistent link: https://www.econbiz.de/10010487175
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Occupational choice and self-employment : are they related?
Sorgner, Alina; Fritsch, Michael - 2013
choice ; occupation-specific determinants of entrepreneurship ; risk preferences ; taste for variety …
Persistent link: https://www.econbiz.de/10009687728
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Entry into entrepreneurship, endogenous adaption of risk attitudes and entrepreneurial survival
Brachert, Matthias; Hyll, Walter; Titze, Mirko - 2014
Empirical studies use the assumption of stability in individual risk attitudes when searching for a relationship between attitude to risk and the decision to become and survive as an entrepreneur. We show that risk attitudes do not remain stable but face endogenous adaption when starting a new...
Persistent link: https://www.econbiz.de/10010421510
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On the stability of preferences : repercussions of entrepreneurship on risk attitudes
Brachert, Mattias; Hyll, Walter - 2014
limited. In this paper, we show that entry into entrepreneurship itself plays a decisive role in shaping risk preferences. We … of entrepreneurship. The findings suggest that studies assuming that risk attitudes are stable over time suffer from …
Persistent link: https://www.econbiz.de/10010374180
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The impact of risk attitudes on entrepreneurial survival
Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander - 2008
Risk attitudes have an impact on not only the decision to become an entrepreneur but also the survival and failure rates of entrepreneurs. Whereas recent research underpins the theoretical proposition of a positive correlation between risk attitudes and the decision to become an entrepreneur,...
Persistent link: https://www.econbiz.de/10011632497