Risk Preferences and Entrepreneurial Decision-Making: Evidence from Experimental Methods in Vietnam
Sustainability(2024)
摘要
This study investigates the relationship between risk preferences and entrepreneurial decisions within the Vietnamese context through controlled laboratory experiments. Specifically, we examine whether individuals with higher levels of risk aversion are more likely to become fixed-wage employees, while those with a propensity for risk-taking are more likely to pursue entrepreneurial ventures. Our findings underscore a significant relationship between risk aversion and the initiation of new businesses at the point of decision-making. Individuals exhibiting greater risk aversion demonstrate a decreased likelihood of venturing into entrepreneurship compared to their risk-taking or risk-neutral counterparts. Importantly, this relationship withstands variations in experimental measures of risk preferences, affirming its robustness across diverse contexts. These insights contribute to a deeper understanding of the role of risk attitudes in shaping entrepreneurial behavior and hold implications for policy interventions aimed at fostering entrepreneurship in Vietnam.
更多查看译文
关键词
entrepreneurial decision making,risk preferences,investment decision,Vietnam
AI 理解论文
溯源树
样例
![](https://originalfileserver.aminer.cn/sys/aminer/pubs/mrt_preview.jpeg)
生成溯源树,研究论文发展脉络
Chat Paper
正在生成论文摘要