Scribd Logo
Upload

Welcome to Scribd!

  • 39 views

    Risk Tolerance and Growth and Success Entrepreneur)

    Uploaded by

    Mae Bertillo

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Risk Tolerance and Growth and Success Entrepreneur)

    Uploaded by

    Mae Bertillo
    39 views9 pages

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    39 views9 pages

    Risk Tolerance and Growth and Success Entrepreneur)

    Uploaded by

    Mae Bertillo

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 9

    RISK TOLERANCE

    AND GROWTH AND


    SUCCESS
    ENTREPRENEUR
    Raquel I. Sembrano
    RISK TOLERANCE
    • is the degree of risk or uncertainty
    that is acceptable to an organization.
    There are three different levels of risk
    tolerance Involved:
    • Aggressive Risk Tolerance
    • Moderate Risk Tolerance
    • Conservative Risk Tolerance
    Zhao et al. (2010)
    • found that risk propensity to positively associated
    with early entrepreneurial intentions, but is not
    related to entrepreneurial performance ( defined
    through evidence of survival, growth and profitability
    of the enterprise at the study level).

    Kessler et al. (2012)


    • similar results are found by Kessler et al.(2012)
    among founders for assessed venture success and
    business survival.
    Hvide and Panos ( 2014)
    • hypothesized that the business of risk-tolerant
    individuals might underperform over the long
    run, because more of these individuals select
    into entrepreneurship (thus bringing more
    mediocre ideas) than among risk- averse
    individuals ( who thus might only be tempted to
    start firms with the very best ideas).
    Korunka et al. (2003)
    • surveyed and compared 314 nascent
    entrepreneurs and 627 new business owners
    managers and found that those who become
    successful ( self-assessed) displayed a medium risk-
    taking propensity.
    • It is possible that while the high risk-takers are
    not the most successful, some risk- taking
    propensity is helpful toward business success.
    Hyytinen et al. (2015)
    • The main interest was in the firm's innovativeness (
    rather than that of the entrepreneur) but they also
    asked about the risk attitudes of the entrepreneur.
    • They found that risk- loving entrepreneurs that
    operate innovative firms are much less likely to have
    their firms survive over a three-year follow-up
    period compared to risk-loving entrepreneur
    running less innovative operations.
    Cucculelli and Ermini (2013)
    • The author compared firms that introduce new
    products with those without new products
    innovations.
    • The risk-loving entrepreneurs are also
    somewhat more likely to introduce new
    products in the first place, showing that they
    may indeed stimulate firm growth through
    innovation.
    GROWTH
    ENTREPRENEUR
    • someone who is interested in growing a
    company quickly.
    SUCCESS ENTREPRENEUR
    • Being a successful entrepreneur means more than
    starting new ventures every other day. It means the
    right attitude towards a business and the
    determination and grit to achieve success. A
    successful entrepreneur has a strong inner drive
    that helps him or her to succeed.

    You might also like