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Evaluation of Entrepreneurial Risk-Taking using Magnitude of Loss Scale:

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TLDR
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 ...

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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.
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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.
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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...
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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

Small Business: Promotion of Exports & Technology

TL;DR: In this paper, the authors give an overview of the role of small business in Indian economy and the recent changes introduced since August 1991, and the export contribution to small business and the special attempt to export through EPZs.
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University-based Entrepreneurship Programmes as Vehicles for State-level Economic Development: A Case Study

TL;DR: In this article, the authors examined the processes and resultant outcomes of a student- initiated and administered state-level external marketing project and discussed how university-based entrepreneurship programs can contribute to such development.
Trending Questions (1)
How to measure Entrepreneurship and Risk Management Behavior??

The paper proposes using a Magnitude of Loss Scale to measure entrepreneurial risk-taking behavior.