Risk-Taking Propensity and Entrepreneurship: The Role of Power Distance

Jasna Auer Antoncic, Bostjan Antoncic, Matjaz Gantar, Robert D. Hisrich, Lawrence J. Marks, Alexandre A. Bachkirov, Zhaoyang Li, Pierre Polzin, Jose L. Borges, Antonio Coelho and Marja-Liisa Kakkonen
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Jasna Auer Antoncic: Faculty of Management, University of Primorska, Koper, Slovenia
Bostjan Antoncic: Faculty of Economics, University of Ljubljana, Ljubljana, Slovenia
Matjaz Gantar: KD Group d. d., Ljubljana, Slovenia
Robert D. Hisrich: College of Business Administration, Kent State University, Kent, Ohio, USA
Lawrence J. Marks: College of Business Administration, Kent State University, Kent, Ohio, USA
Alexandre A. Bachkirov: College of Economics and Political Science, Sultan Qaboos University, Sultanate of Oman
Zhaoyang Li: Shanghai University of International Business and Economics, Shanghai, P. R. China
Pierre Polzin: Faculty of Engineering, INESC TEC Technology and Science, University of Porto, Porto, Portugal
Jose L. Borges: Faculty of Engineering, INESC TEC Technology and Science, University of Porto, Porto, Portugal
Antonio Coelho: Faculty of Engineering, INESC TEC Technology and Science, University of Porto, Porto, Portugal
Marja-Liisa Kakkonen: South-Eastern Finland University of Applied Sciences, Mikkeli, Finland

Journal of Enterprising Culture (JEC), 2018, vol. 26, issue 01, 1-26

Abstract: The personal characteristics of entrepreneurs can be importantly related to entrepreneurial startup intentions and behaviors. A country-moderated hypothesis including the relationship between an individual’s risk-taking propensity and entrepreneurship (behaviors or intentions of the person) was conceptually developed and empirically tested in this study. The data collection was performed through a structured questionnaire. Multinominal logistic regression was used for analyzing data obtained from 1,414 students in six countries. The crucial contribution of this research is the clarification of the character of risk-taking propensity in entrepreneurship and the indication that the risk-taking propensity-entrepreneurship relationship can be moderated contingent on power distance.

Keywords: Risk-taking propensity; entrepreneurship; intention; startup; power distance (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (6)

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DOI: 10.1142/S0218495818500012

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