Part-Time Entrepreneurship and Risk Tolerance
Journal of Applied Business and Economics
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Title |
Part-Time Entrepreneurship and Risk Tolerance
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Creator |
Petrova, Kameliia
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Description |
This paper looks at the relationship between part-time entrepreneurship and risk tolerance. Part-time entrepreneurs split their time between entrepreneurial ventures and wage employment. I offer a simple model of entrepreneurial entry where individuals choose part-time, instead of full-time, entrepreneurship because they want to gain basic experience. This might be product, industry or market experience; or one related to individual-specific characteristics. People with a lower level of risk tolerance will need to first spend time acquiring this experience, and hence opting for an initial part-time involvement, before growing a full-size business. Empirical tests of the model implications are included.
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Publisher |
North American Business Press
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Date |
2018-05-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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Format |
application/pdf
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Identifier |
https://articlegateway.com/index.php/JABE/article/view/321
10.33423/jabe.v20i1.321 |
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Source |
Journal of Applied Business and Economics; Vol 20 No 1 (2018)
1499-691X 10.33423/jabe.v20i1 |
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Language |
eng
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Relation |
https://articlegateway.com/index.php/JABE/article/view/321/282
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Rights |
Copyright (c) 2018 Journal of Applied Business and Economics
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