The in°uence of risk aversion on the decision to become self-employed is a much discussed topic in the entrepreneurial literature. Conventional wisdom asserts that being an entrepreneur means making risky decisions in uncertain environments; hence more risk-averse individuals are less likely to...

This paper systematically investigates whether different kinds of personality characteristics influence entrepreneurial development. On the basis of a large, representative household panel survey, we examine the extent to which the Big Five traits and further personality characteristics, which...

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,...

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...

Neu gegründete Unternehmen halten sich besonders lange am Markt, wenn die Gründer eine mittlere Risikobereitschaft aufweisen. Dies zeigt eine aktuelle empirische Studie. Sind die Unternehmer sehr risikoscheu oder aber besonders risikofreudig, hat dies negative Auswirkungen auf die...

Existenzgründer aus Arbeitslosigkeit schaffen nicht nur ihren eigenen Arbeitsplatz, der in vielen Fällen dauerhaft Bestand hat. Häufig geben diese Selbständigen auch weiteren Menschen Arbeit. Wie eine gemeinsame Studie des DIW Berlin und des Instituts für die Zukunft der Arbeit (IZA Bonn)...

Gut ein Zehntel aller Erwerbstätigen in Deutschland ist selbständig, und nur eine von hundert Erwerbspersonen wagt jedes Jahr den Schritt in die Selbständigkeit. Klassische Faktoren wie Bildung, Berufserfahrung und elterliche Prägung greifen zur Erklärung des Phänomens "Selbständigkeit"...

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,...

When unemployed persons go into business, they often are characterized as necessity entrepreneurs, because push factors, namely their unemployment, likely prompted their decision. In contrast to this, business founders who have been previously employed represent opportunity entrepreneurs because...

The influence of risk aversion on the decision to become self-employed is a much discussed topic in the entrepreneurial literature. Conventional wisdom asserts that the role model of an entrepreneur requires to make risky decisions in uncertain environments and hence that more risk-averse...