Risk attitudes and personality traits of entrepreneurs and venture team members.

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ID: 19000
2019
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Ranked #94 of 292 articles by views in Proceedings of the National Academy of Sciences of the United States of America

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Abstract
Personality distinctions between entrepreneurs, nonfounder CEOs/leaders, and inventor employees have received limited attention, especially in innovative settings where they are working together. We surveyed these groups, along with other employees of innovative firms, at 4 locations of a prominent innovation and coworking center. Entrepreneurs display the greatest tolerance of risk, even in small gambles, as well as the strongest self-efficacy, internal locus of control, and need for achievement. Nonfounder CEOs/leaders typically sit in between entrepreneurs and employees for personality traits. Entrepreneurs, nonfounder CEOs/leaders, and inventor employees all show more innovative personalities than the noninventor employees in the same companies.
Reference Key
kerr2019riskproceedings Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Kerr, Sari Pekkala;Kerr, William R;Dalton, Margaret;
Journal Proceedings of the National Academy of Sciences of the United States of America
Year 2019
DOI
201908375
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