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Risk tolerance: A perspective on entrepreneurship education

Southern African Business Review

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Field Value
 
Title Risk tolerance: A perspective on entrepreneurship education
 
Creator Antonites, AJ
Wordsworth, R
 
Subject entrepreneurship, entrepreneurial skills, entrepreneurship curricula, risk propensity, risk tolerance
 
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.
 
Publisher College of Economic and Management Sciences (UNISA)
 
Contributor
 
Date 2012-05-11
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ajol.info/index.php/sabr/article/view/76342
 
Source Southern African Business Review; Vol 13, No 3 (2009)
1998-8125
1561-896X
 
Language eng
 
Relation https://www.ajol.info/index.php/sabr/article/view/76342/66800
 
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