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The role of risk propensity in predicting self-employment
Biemann, Torsten
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Niessen, Cornelia
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DOI:
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https://doi.org/10.1037/a0035992
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URL:
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https://www.researchgate.net/publication/260482668...
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Dokumenttyp:
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Zeitschriftenartikel
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Erscheinungsjahr:
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2014
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Titel einer Zeitschrift oder einer Reihe:
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Journal of Applied Psychology
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Band/Volume:
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99
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Heft/Issue:
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5
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Seitenbereich:
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1000-1009
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Ort der Veröffentlichung:
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Washington, DC
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Verlag:
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American Psychological Assoc.
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ISSN:
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0021-9010 , 1939-1854
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Sprache der Veröffentlichung:
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Englisch
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Einrichtung:
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Fakultät für Betriebswirtschaftslehre > ABWL, Personalmanagement u. Führung (Biemann 2013-)
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Fachgebiet:
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330 Wirtschaft
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Abstract:
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This study aims to untangle the role of risk propensity as a predictor of self-employment entry and self-employment survival. More specifically, it examines whether the potentially positive effect of risk propensity on the decision to become self-employed turns curvilinear when it comes to the survival of the business. Building on a longitudinal sample of 4,973 individuals from the German Socio-Economic Panel, we used event history analyses to evaluate the influence of risk propensity on self-employment over a 7-year time period. Results indicated that whereas high levels of risk propensity positively predicted the decision to become self-employed, the relationship between risk propensity and self-employment survival followed an inverted U-shaped curve. (PsycINFO Database Record (c) 2014 APA, all rights reserved)
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