Journal ArticleDOI
Evaluation of Entrepreneurial Risk-Taking using Magnitude of Loss Scale:
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The importance of risk-taking in business ventures has been emphasised by many as mentioned in this paper, and attempts to distinguish entrepreneurs on their risk taking propensity have produced conflicting results, and data on two...Abstract:
The importance of risk-taking in business ventures has been emphasised by many. Attempts to distinguish entrepreneurs on their risk-taking propensity have produced conflicting results. Data on two ...read more
Citations
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The Achieving Society
TL;DR: The authors argued that cultural customs and motivations, especially the motivation for achievement, are the major catalysts of economic growth and proposed a plan to accelerate economic growth in developing countries by encouraging and supplementing their achievement motives through mobilizing the greater achievement resources of developed countries.
Journal ArticleDOI
Aspects of entrepreneurial success
TL;DR: In this article, a qualitative research study summarizes and analyzes interviews with 149 established entrepreneurs and small business owners regarding their perceptions on the advantages and disadvantages of their endeavors, and on providing advice to prospective new venture creators.
Journal ArticleDOI
Entrepreneurial Competencies A Meta-analysis and Comprehensive Conceptualization for Future Research
TL;DR: In this article, the theme of "Why, when and how some people (entrepreneurs) and not others discover, evaluate and exploit entrepreneurial opportunities" is explored. But, despite numerous research studies the theme still needs intensive inq...
Journal ArticleDOI
Risk-Taking Propensity and Entrepreneurship: The Role of Power Distance
Jasna Auer Antoncic,Bostjan Antoncic,Matjaz Gantar,Robert D. Hisrich,Lawrence J. Marks,Alexandre Anatolievich Bachkirov,Zhaoyang Li,Pierre Polzin,José Borges,António Coelho,Marja-Liisa Kakkonen +10 more
TL;DR: In this paper, a country-moderated hypothesis including the relationship between the personal characteristics of entrepreneurs and their startup intentions and behaviors is proposed to predict the behavior of an entrepreneur.
Journal ArticleDOI
Risk-taking in entrepreneurs, compared to criminals and students: The role of uncertainty and stakes ☆
TL;DR: In this article, the authors compared the risk-taking tendency of college students, entrepreneurs, and criminals in hypothetical bet situations and found that college students' decisions are more influenced by probability factors than by the amount staked.
References
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Journal ArticleDOI
The Framing of Decisions and the Psychology of Choice
Amos Tversky,Daniel Kahneman +1 more
TL;DR: The psychological principles that govern the perception of decision problems and the evaluation of probabilities and outcomes produce predictable shifts of preference when the same problem is framed in different ways.
Book
Risk, Uncertainty and Profit
TL;DR: In Risk, Uncertainty and Profit, Frank Knight explored the riddle of profitability in a competitive market profit should not be possible under competitive conditions, as the entry of new entrepreneurs would drive prices down and nullify margins, however evidence abounds of competitive yet profitable markets as mentioned in this paper.
Book
The Achieving Society
TL;DR: This paper argued that cultural customs and motivations, especially the motivation for achievement, are the major catalysts of economic growth and proposed a plan to accelerate economic growth in developing countries by encouraging and supplementing their achievement motives through mobilizing the greater achievement resources of developed countries.
Posted Content
The Achieving Society
TL;DR: This article argued that cultural customs and motivations, especially the motivation for achievement, are the major catalysts of economic growth and proposed a plan to accelerate economic growth in developing countries by encouraging and supplementing their achievement motives through mobilizing the greater achievement resources of developed countries.
Book
Design and Analysis - A Researcher's Handbook
TL;DR: Within-subject and mixed designs of Factorial Design have been studied in this article, where the Principal Two-Factor Within-Factor Effects and Simple Effects have been used to estimate the effect size and power of interaction components.