Risk tolerance: A perspective on entrepreneurship education
Southern African Business Review
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Title |
Risk tolerance: A perspective on entrepreneurship education
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Creator |
Antonites, AJ
Wordsworth, R |
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Subject |
entrepreneurship, entrepreneurial skills, entrepreneurship curricula, risk propensity, risk tolerance
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Description |
The field of entrepreneurship in South Africa has certain uniquealthough limiting characteristics, including an unconvincing enablingenvironment, a weak entrepreneurial culture and an emergent, andtherefore limited, body of knowledge surrounding the topic ofentrepreneurship. Consequently, entrepreneurship in South Africadoes not hold a strong position in terms of entrepreneurial activityand, in fact, is generally approached with a degree of scepticism. Atthe same time, Maas & Herrington in the Global EntrepreneurshipMonitor (GEM) (Maas & Herrington 2006: 12) indicate categoricallythat an increase in entrepreneurial activity is highly dependent oneffective entrepreneurship education. This study confirmed the factthat education per se may increase the current Total EntrepreneurialActivity rate of 5.29% in South Africa, as compared with 14.8% inother developing countries. An aspect of entrepreneurship that is currently not adequately addressed in entrepreneurship education and training literature is that of risk tolerance and risk-taking of the entrepreneur. Debate on whether entrepreneurs exhibit higher risk tolerance than othermanagers and full-time employed individuals is ongoing andraises the question of whether risk tolerance should be included inentrepreneurship curricula. This study seeks to elaborate on thisdebate.
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Publisher |
College of Economic and Management Sciences (UNISA)
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Contributor |
—
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Date |
2012-05-11
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
https://www.ajol.info/index.php/sabr/article/view/76342
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Source |
Southern African Business Review; Vol 13, No 3 (2009)
1998-8125 1561-896X |
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Language |
eng
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Relation |
https://www.ajol.info/index.php/sabr/article/view/76342/66800
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Rights |
Copyright on articles is retained by the author(s). The editor and reviewers of SABR cannot accept any responsibility for the infringement of authors' rights or copyright.
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