Risk, balanced skills and entrepreneurship
提出风险规避会促使个人投资均衡技能,从而更可能创业;用荷兰大学毕业生数据说明,以往研究低估了风险规避和均衡技能对创业选择的影响。
This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more likely to become entrepreneurs. By not taking this possible linkage into account, previous research has underestimated the impacts of both risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch university graduates provide an illustration supporting our contention. We raise the possibility that even risk-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated somewhat mixed evidence about the effects of risk aversion on selection into entrepreneurship.