Personality characteristics and the decision to become and stay self-employed
Abstract
Based on a large, representative German household panel, we investigate to what extent the personality of individuals influences the entry decision into and the exit decision from self-employment. We reveal that some traits, such as openness to experience, extraversion, and risk tolerance affect entry, but different ones, such as agreeableness or different parameter values of risk tolerance, affect exit from self-employment. Only locus of...
Paper Details
Title
Personality characteristics and the decision to become and stay self-employed
Published Date
Apr 1, 2014
Journal
Volume
42
Issue
4
Pages
787 - 814
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Notes
History