Wennekers, A. R.; Thurik, Adriaan R.; Stel, Adriaan J. van - 2004
countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … ownership. This surprisingfinding suggests that a personal trait (risk aversion) and its related cultural characteristic … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …