FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2992053703> ?p ?o ?g. }

• W2992053703 startingPage "1" @default.
• W2992053703 abstract "INTRODUCTION Entrepreneurs face and respond to risks every day (Sarasvathy et al., 1998). Entrepreneurial researchers have long debated whether entrepreneurs are different than others in the way they perceive and respond to risks. For some scholars, the essence of being an entrepreneur is taking risks and functioning in less structured environments in which uncertainties are welcomed rather than feared (Cantillon, 1755 [1979]; Knight, 1921). Others argue that entrepreneurs are no different than others in the way they perceive and take risks (Brockhaus, 1980; Palich and Bagby, 1995). Still other researchers maintain that entrepreneurs might be more risk averse than the general population (Xu and Ruef, 2004). One reason for such diversity might be the different risk conceptualizations that researchers adopt (Sitkin and Pablo, 1992). Two general approaches to entrepreneurial risk taking can be distinguished from previous literature. In some accounts, entrepreneurial risk taking behaviors (the decision-making behaviors in risky context) are considered relative stable behaviors that stem from innate, dispositional traits such as risk taking propensity (Stewart and Roth, 2001). Accordingly, entrepreneurs and non-entrepreneurs might differ in their general dispositions towards risk and such differences tend to persist across a variety of context and environments. Alternatively, risk behaviors can be conceptualized as the output of a context-specific judgment process. From this perspective, individual's risk behaviors largely result from contextual and environmental factors that influence how they view, frame, and solve the problem at hand (Kahneman and Tversky, 1979; Tversky and Kahneman, 1991). Accordingly, influencing how decision makers view problems should alter their behaviors, making them either more or less likely to engage in risky behaviors. Whereas individuals' actual risk behavior might be a combination of dispositional risk propensity and environmental factors, any study investigating the risk taking behaviors of entrepreneurs vs. non-entrepreneurs has to control for risk taking propensity and simultaneously evaluate the influence of decision making context. A growing body of research suggests that investment time horizon (i.e., the choice of evaluation period) is an important contextual factor that influences risk framing and risk behavior (cf., Behartzi and Thaler, 1999; Gneezy and Potters, 1997; Gneezy et al., 2003; Klos et al., 2005). The longer time horizon decision makers adopt, the longer the period that they choose to evaluate their decision outcome, and the less likely that they will experience loss. Consider an investment option that offers equal chances to win $200 or to lose $100. The probability of losing money after one independent trial is 0.5, but goes down to 0.25 for two independent trials, to 0.18 after 10 independent trials and to 0.0077 for 50 independent trials (Klos et al., 2005). In this way, the risky business of investment becomes less risky after more independent trials over a longer evaluation period. Another stream of research also emphasizes the importance of information relevance in influencing risk behaviors (Rothman and Schwarz, 1998). Relevant information tends to elicit systematic processing of available information whereas irrelevant information fosters heuristic processing of information (Crano and Prislin, 2006). Systematic information processing might reduce risk taking behavior because decision makers have an opportunity to evaluate arguments in favor and against a decision. If decision makers tend to be generally risk averse, they might weigh losses more heavily than gains and thus take less risk. The choice of evaluation period and the relevance of information are of particular importance in entrepreneurs' work environments. Entrepreneurs operate in highly chaotic, complex and unpredictable environments where they make time sensitive decisions despite a lack of relevant and available information (Aldrich and Martinez, 2001). …" @default.
• W2992053703 created "2019-12-13" @default.
• W2992053703 creator A5012636851 @default.
• W2992053703 creator A5037950794 @default.
• W2992053703 date "2012-01-01" @default.
• W2992053703 modified "2023-09-23" @default.
• W2992053703 title "Beyond Risk Propensity-The Influence of Evaluation Period and Information Relevance on Risk Taking Behavior" @default.
• W2992053703 hasPublicationYear "2012" @default.
• W2992053703 type Work @default.
• W2992053703 sameAs 2992053703 @default.
• W2992053703 citedByCount "1" @default.
• W2992053703 countsByYear W29920537032014 @default.
• W2992053703 crossrefType "journal-article" @default.
• W2992053703 hasAuthorship W2992053703A5012636851 @default.
• W2992053703 hasAuthorship W2992053703A5037950794 @default.
• W2992053703 hasConcept C121332964 @default.
• W2992053703 hasConcept C12713177 @default.
• W2992053703 hasConcept C1276947 @default.
• W2992053703 hasConcept C144024400 @default.
• W2992053703 hasConcept C144133560 @default.
• W2992053703 hasConcept C149923435 @default.
• W2992053703 hasConcept C151730666 @default.
• W2992053703 hasConcept C154945302 @default.
• W2992053703 hasConcept C15744967 @default.
• W2992053703 hasConcept C158154518 @default.
• W2992053703 hasConcept C162324750 @default.
• W2992053703 hasConcept C162853370 @default.
• W2992053703 hasConcept C175444787 @default.
• W2992053703 hasConcept C17744445 @default.
• W2992053703 hasConcept C199539241 @default.
• W2992053703 hasConcept C2779343474 @default.
• W2992053703 hasConcept C2908647359 @default.
• W2992053703 hasConcept C339426 @default.
• W2992053703 hasConcept C41008148 @default.
• W2992053703 hasConcept C71140485 @default.
• W2992053703 hasConcept C77805123 @default.
• W2992053703 hasConcept C86803240 @default.
• W2992053703 hasConceptScore W2992053703C121332964 @default.
• W2992053703 hasConceptScore W2992053703C12713177 @default.
• W2992053703 hasConceptScore W2992053703C1276947 @default.
• W2992053703 hasConceptScore W2992053703C144024400 @default.
• W2992053703 hasConceptScore W2992053703C144133560 @default.
• W2992053703 hasConceptScore W2992053703C149923435 @default.
• W2992053703 hasConceptScore W2992053703C151730666 @default.
• W2992053703 hasConceptScore W2992053703C154945302 @default.
• W2992053703 hasConceptScore W2992053703C15744967 @default.
• W2992053703 hasConceptScore W2992053703C158154518 @default.
• W2992053703 hasConceptScore W2992053703C162324750 @default.
• W2992053703 hasConceptScore W2992053703C162853370 @default.
• W2992053703 hasConceptScore W2992053703C175444787 @default.
• W2992053703 hasConceptScore W2992053703C17744445 @default.
• W2992053703 hasConceptScore W2992053703C199539241 @default.
• W2992053703 hasConceptScore W2992053703C2779343474 @default.
• W2992053703 hasConceptScore W2992053703C2908647359 @default.
• W2992053703 hasConceptScore W2992053703C339426 @default.
• W2992053703 hasConceptScore W2992053703C41008148 @default.
• W2992053703 hasConceptScore W2992053703C71140485 @default.
• W2992053703 hasConceptScore W2992053703C77805123 @default.
• W2992053703 hasConceptScore W2992053703C86803240 @default.
• W2992053703 hasIssue "1" @default.
• W2992053703 hasLocation W29920537031 @default.
• W2992053703 hasOpenAccess W2992053703 @default.
• W2992053703 hasPrimaryLocation W29920537031 @default.
• W2992053703 hasRelatedWork W1141768729 @default.
• W2992053703 hasRelatedWork W137434697 @default.
• W2992053703 hasRelatedWork W1853321344 @default.
• W2992053703 hasRelatedWork W187035443 @default.
• W2992053703 hasRelatedWork W1975286350 @default.
• W2992053703 hasRelatedWork W2013433801 @default.
• W2992053703 hasRelatedWork W2135539456 @default.
• W2992053703 hasRelatedWork W2138909242 @default.
• W2992053703 hasRelatedWork W2161279395 @default.
• W2992053703 hasRelatedWork W2253326847 @default.
• W2992053703 hasRelatedWork W2403658052 @default.
• W2992053703 hasRelatedWork W2801778883 @default.
• W2992053703 hasRelatedWork W2895761446 @default.
• W2992053703 hasRelatedWork W2899339325 @default.
• W2992053703 hasRelatedWork W2931961143 @default.
• W2992053703 hasRelatedWork W2989867240 @default.
• W2992053703 hasRelatedWork W3093210116 @default.
• W2992053703 hasRelatedWork W3192022475 @default.
• W2992053703 hasRelatedWork W429537139 @default.
• W2992053703 hasRelatedWork W21395315 @default.
• W2992053703 hasVolume "18" @default.
• W2992053703 isParatext "false" @default.
• W2992053703 isRetracted "false" @default.
• W2992053703 magId "2992053703" @default.
• W2992053703 workType "article" @default.