Do You Need to be Risk-Tolerant to Become an Entrepreneur? The Importance of the Reference Point

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Lucio Fuentelsaz ◽  
Juan P. Maicas ◽  
Javier Montero

AbstractThe creation of new ventures involves a great deal of risk and uncertainty. However, research has been theoretically divergent and empirically inconclusive about the influence of individuals’ risk tolerance on entrepreneurial entry. In this paper, we argue that this relationship is contingent on the reference point of individuals, taking into account the human capital and the opportunity cost of individuals when they decide to start a venture. This approach allows us to clarify some of the previous mixed results in the literature. We use a sample of almost 600,000 individuals from 90 countries that have participated in the Global Entrepreneurship Monitor project between 2010 and 2014. Our results show that individuals with previous experience as entrepreneurs do not need to be so risk-tolerant to set up their own venture, while individuals with a job and/or a high educational level need to be especially risk-tolerant to become entrepreneurs.

2021 ◽  
Vol 12 ◽  
Author(s):  
Fengyun Wei

With the development of the social economy, more and more talents are required in economic construction and innovation. The study aims to cultivate new entrepreneurial talents and promote the overall development of new ventures. First, the entrepreneurial ability of new entrepreneurial talents is analyzed, and the feasibility of improving the entrepreneurial ability of new entrepreneurial talents is verified. Second, the architecture is designed for improving the entrepreneurial ability of new entrepreneurial talents. About 350 employees in 20 ventures in Xi'an, Shaanxi Province are randomly selected as the subjects for a questionnaire survey (QS). Three-fifty questionnaires are distributed and 300 are collected. Descriptive statistics are used to analyze the 300 valid questionnaires. Then, the relationship between the psychological states of new entrepreneurial talents and their entrepreneurial ability is explored, and the influencing factors in the development of new entrepreneurial talents are analyzed. The results show that the number of employees in most ventures is between 250 and 400 and the age of the employees in the tested new ventures is between 35 and 40. More than one-third of employees are managers and over 86% of them have a degree of bachelor or above. The scores of the scale of the psychological state of new entrepreneurs are high. This shows that most of the new entrepreneurs have a high educational level, strong motivation for entrepreneurial success, and great self-confidence, which are essential in the process of innovative training. Therefore, the talent training of new entrepreneurial talents should be based on a high educational level and focused on practice.


2012 ◽  
Vol 13 (1) ◽  
pp. 111-131 ◽  
Author(s):  
Gianni Romaní ◽  
Miguel Atienza ◽  
José Ernesto Amorós

Informal investment represents one of the main sources to finance early-stage new ventures. Despite the progressive participation of women in informal investment, little is known about the characteristics of female informal investors, especially in developing countries. This study examines the gender differences of a sample of 613 informal investors in Chile. To this end we used the database from the Global Entrepreneurship Monitor Chile 2007–2008 and applied tests of differences in proportions and means for independent samples. The results show that there are significant gender differences in some socio-demographic variables, like education and work status, and also in the perception of good opportunities and the fear to failure. Additionally, women invest smaller amounts and expect lower returns than men do. Finally, women invest more than men in close family. Policy implications of these results are discussed. Santrauka Neformalios investicijos – vienas pagrindinių šaltinių, iš kurių finansuojamos naujai besikuriančios arba tik pradėjusios savo veiklą įmonės. Nepaisant to, kad neformalioje investicijų veikloje palaipsniui daugėja moterų, gana mažai žinoma apie jas kaip neformalias investuotojas, ypač besivystančiose šalyse. Autoriai atliko tyrimą Čilėje, kuriame dalyvavo 613 skirtingų lyčių investuotojų, kurie buvo paimti iš duomenų bazės „Global Entrepreneurship Monitor Chile 2007–2008 m“. Autorių atliktų tyrimų rezultatai rodo, kad vis dėlto kai kuriuose socialiniuose demografiniuose kintamuosiuose esama reikšmingų lyčių skirtumų, pavyzdžiui, išsilavinimas ir užimamos pareigos, perspektyvų darbovietėje suvokimas, karjera ir nesėkmės baimė. Atlikę tyrimą autoriai nustatė, kad moterys labiau linkusios investuoti mažesnes sumas nei vyrai.


Nutrients ◽  
2021 ◽  
Vol 13 (2) ◽  
pp. 317
Author(s):  
Estefania Aparicio ◽  
Carla Martín-Grau ◽  
Cristina Bedmar ◽  
Núria Serrat Orus ◽  
Josep Basora ◽  
...  

An optimal fatty acid (FA) profile during pregnancy, especially docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA), is essential for the health of the mother and child. Our aim was to identify the socioeconomic and maternal lifestyle factors associated with serum FA concentration in pregnant women. A longitudinal study was conducted on 479 pregnant women, who were assessed during the first (T1) and third (T3) trimesters of pregnancy. Data on maternal characteristics, food consumption, and lifestyle were collected. Serum FA concentrations were analysed by a gas chromatography–mass spectrometry combination. The multiple linear regression showed that high educational level and older age were significantly associated with higher EPA and DHA concentrations and lower values of n-6/n-3 and arachidonic acid (AA)/EPA in T1 and/or T3. Regarding diet—fish and seafood consumption increased EPA concentration and reduced n-6/n-3 and AA/EPA values in both trimesters, whereas its consumption increased DHA concentration only in T1. Smoking was associated with lower DHA concentration in T1 and higher values of n-6/n-3 ratio in both trimester. Overweight and obesity were associated with higher values of n-6/n-3 ratio and AA/EPA ratio in T1. A statistically non-significant association was observed with saturated fatty acids (SFA) and monounsaturated fatty acids (MUFA). In conclusion, high educational levels, older age, fish, seafood consumption, and/or non-smoking, are factors that influence better omega-3 polyunsaturated fatty acid (n-3 PUFA) profile in both trimesters of pregnancy. Further research is needed to go in-depth into these findings and their health consequences.


2020 ◽  
Vol 30 (Supplement_5) ◽  
Author(s):  
A Maugeri ◽  
M Barchitta ◽  
G Favara ◽  
C La Mastra ◽  
MC La Rosa ◽  
...  

Abstract Background Social disadvantage and unhealthy lifestyles may induce molecular changes associated with aging and age-related diseases. For instance, previous studies reported socioeconomic difference in DNA methylation, which in turn led to aberrant gene expression and genome instability. Socioeconomic status (SES) alone, however, does not completely explain this difference, and further studies are needed to unveil what factors contribute to it. Methods We conducted a cross-sectional study on 349 Italian women, aged 25-64 years, to assess SES differences in LINE-1 methylation level - a surrogate marker of global DNA methylation - and to examine the mediating effect of lifestyles (i.e. diet, smoking habits, physical activity, and weight status). Educational level was used as SES indicator. The adherence to Mediterranean diet (MD) was assessed by the Mediterranean Diet Score (MDS). Leukocyte LINE-1 methylation was assessed by pyrosequencing. Mediation analysis was conducted using the PROCESS macro for the SPSS software. Results We first observed that women with high educational level were more likely to be normal weight (p < 0.001) and to adhere to MD (p = 0.018), and less likely to perform physical activity (p = 0.012) than their less educated counterpart. Moreover, age-adjusted linear regression demonstrated that LINE-1 methylation level increased with increasing educational level (β = 0.016; SE = 0.003; p < 0.001). In line, mediation analysis demonstrated an indirect effect of high educational level on LINE-1 methylation through the adherence to MD (β = 0.003; 95%CI=0.001-0.006). Specifically, the mediator could account for 9.5% of the total effect. None of the other lifestyles, instead, exhibited a significant mediating effect. Conclusions To our knowledge, this is the first study demonstrating the mediation of diet in the relationship between SES and DNA methylation. Thus, our findings add even more value to the promotion of healthy dietary habits among social disadvantaged people. Key messages Social disadvantage is associated with epigenetic changes related to aging and age-related diseases. Adherence to the Mediterranean diet might mediate the association between socioeconomic status and DNA methylation.


Author(s):  
Lukas Kellermair ◽  
Alexandra Fuchs ◽  
Christian Eggers ◽  
Petra Schwingenschuh ◽  
Mariella Kögl ◽  
...  

AbstractProgressive supranuclear palsy (PSP) and corticobasal syndrome (CBS) progress relentlessly and lead to a need for care. Caregiving is often burdensome. Little is known about the course of caregiver burden (CB) in PSP and CBS patients. Longitudinal analysis of CB in family members caring for PSP and CBS patients. Single-center longitudinal pilot study in 68 newly diagnosed patients with probable PSP and CBS (52 Richardson’s syndrome; 1 progressive gait freezing of PSP; 15 CBS). Demographic, educational, occupational parameters, family status, motor functions (UPDRSIII, Hoehn and Yahr Score, Tinetti) and neuropsychological performance (CERAD Plus, Frontal Assessment Battery) were assessed, as well as behavioral and neuropsychiatric impairments (Frontal Behavioral Inventory, Neuropsychiatric Inventory), activities of daily living (ADL) and caregiver burden using the Caregiver Strain Index (CSI), in most patients also the Zarit Burden Interview (ZBI). Patients were followed up every 6 months for up to 2 years. Caregivers reported mild to moderate CB at baseline, which increased by 25–30% in 2 years and was significantly greater in PSP than in CBS. Risk for mental health problems increased over time, especially in female caregivers (depression). Important patient-related factors were apathy, aspontaneity, depression, irritability, disorganization, poor judgment, impairment of language, impairments in ADL, a high educational level of the patient and close family relationship. Behavioral symptoms and impaired ADL are the main patient-related factors of CB in PSP and CBS. CB can be severe and needs to be assessed repeatedly from the time of diagnosis to provide comprehensive support.


2020 ◽  
Vol 30 (Supplement_5) ◽  
Author(s):  
V L a Fauci ◽  
R Squeri ◽  
C Genovese ◽  
V Alessi ◽  
A Facciolà

Abstract Background Many investigations have shown the important role played by risk factors such as tobacco and alcohol in the development of congenital anomalies. Methods Through the administration of an hoc questionnaire, we evaluated the attitude towards smoking and alcohol of a sample of 200 pregnant women at the University Hospital of Messina. The questionnaire was structured to collect information about socio-demographic characteristics, type of gynaecological assistance and their lifestyles (smoking and alcohol). Statistical analysis was performed using version 10 of StatSoftVR software. Results 14% of the women continued to smoke despite pregnancy; the majority of these were young adults, divorced, employed and with a high educational level. Correlating the smoking habit with the socio-demographic characteristics of the studied women, we found a statistically significant difference for the marital status, with a higher number of smokers among the single women (p < 0.05).Moreover, we found a statistically significant difference also for the profession with a higher number of smokers in the worker women (p < 0.05). About the drinking habit, the 4.3% declared to be moderate drinkers (occasional use of alcohol equal to 2-3 glasses a week) despite pregnancy, the 34.4% stated they do not drink alcohol during pregnancy and the 56% stated do not usually drink alcohol. Particularly, about the drinkers' socio-demographic characteristics, the 50% of them were 24-25 years old and the 75% were married. About the type of alcoholic beverages consumed, 86% stated they usually drink bier during the weekend. Conclusions Our study shows that the awareness of the women about the importance of these risk factors is still rather poor. In order to improve the awareness of pregnant women on the importance of avoiding these risk factors and prevent CAs, health education campaigns at various levels surely represent the public health cornerstone. Key messages In our sample 14% of the pregnant women continued to smoke and 4.3% to drink despite pregnancy and they generally were young or young adults and with a high educational level. Our results highlight the importance of continuous health education about the risk to smoke and drink during pregnancy.


2021 ◽  

El presente libro trata sobre el comportamiento emprendedor de la población adulta entre 18 y 64 años de la Región de Murcia en el año 2017, tratandose de la duodécima edición del Informe GEM-Región de Murcia, dentro del proyecto internacional GEM (Global Entrepreneurship Monitor) que coordina en España el Centro Internacional Santander de Emprendimiento (Cise), y la Asociación RED GEM España. El trabajo ha sido coordinado por profesores de la Universidad de Murcia. Gem es un proyecto internacional desarrollado por instituciones y universidades de 53 economías en su edición de 2017.


2017 ◽  
Vol 30 (suppl 1) ◽  
pp. 351-361 ◽  
Author(s):  
Alexandre Apolinário de Souza Batista ◽  
Nicholas Henschke ◽  
Vinícius Cunha Oliveira

Abstract Introduction: Non-specific low back pain (LBP) can be understood through the interaction of biopsychosocial factors such as education. Unfortunately, it remains unclear whether education can be considered an important risk and prognostic factor for the occurrence of LBP. Objective: To investigate the association between education and LBP. Methods: The following databases were searched: MEDLINE, EMBASE, Cochrane, AMED and PsyINFO. Results: Thirteen studies were included in the review. The Prevalence Critical Appraisal Instrument (PCAI) was used to assess risk of bias. Methodological quality scores ranged from 7 to 10 on a scale of 0-10. There was a 23% (95% CI, 13-37) prevalence of LBP (10,582 out of a total of 99,457 cases) in the general sample at the time of assessment. The meta-analysis of studies on the prevalence of LBP in people with low, medium or high educational level found the following results, respectively: 24% (95% CI, 12-43), 27% (95% CI, 9-56), and 18% (95% CI, 5-50). The meta-regression identified heterogeneity among the studies included in the review. This can be explained by educational differences (p < 0.05). Conclusion: Occurrence of LBP varies according to educational level. Individuals with higher educational levels are less often affected by LBP than individuals with medium or low educational levels.


2021 ◽  
Vol 12 (3) ◽  
pp. 1-18
Author(s):  
Larissa Lima Bandeira ◽  
Rafael Fernandes de Mesquita ◽  
Maria Kélvia Ferreira de Araújo ◽  
Fátima Regina Ney Matos

O aumento no número de empresas criadas por mulheres vem ganhando destaque nos últimos anos. De acordo com o Global Entrepreneurship Monitor, 50,7% das mulheres concordaram que o medo de fracassar não as impediria de começar um novo negócio. Mas não é só o medo que deve ser enfrentado por elas. Outras dificuldades para a atividade empreendedora são apontadas na literatura, como: barreiras de gênero, conflito família e trabalho, financeiras, de apoio familiar, de gerência de negócio, disponibilidade de tempo e qualificação. Este artigo objetivou analisar as dificuldades enfrentadas pelas mulheres no desenvolvimento empreendedor na cidade de Campo Maior - PI. Optou-se por utilizar uma abordagem qualitativa e de cunho descritivo. As mulheres pesquisadas são jovens com idade entre 22 e 34 anos, com formação concluída ou em cursos de graduação em outras áreas, que não a de gestão, que resolveram empreender pela percepção de oportunidade. A realidade empreendedora das mulheres na cidade se aproxima da caracterização sintetizada a partir da leitura, à exceção da captação de recursos financeiros que não aparentou ser influenciada por barreiras de gênero.


2021 ◽  
Vol 26 (1) ◽  
pp. e977
Author(s):  
Eleni Zigkiri ◽  
Maria Charalampopoulou ◽  
Anastasia Kokka ◽  
Flora Bacopoulou ◽  
Christina Darviri ◽  
...  

The aim of this study was to validate the long second version of the Copenhagen Psychosocial Questionnaire (COPSOQ II) in the Greek language. The study was carried out in two phases following a mixed-method design. Six hundred and fifty-two Greek employees (response rate 93.3%) responded in the second phase of the study, either online or in writing. Both types of participation to the study were confidential for the participants and the companies as well. Most participants were females (68.1%), married (47.4%), aged 30-49 years (60.9%), with high educational level (60.4%). The majority were occupied in the health and the social care services (37.4%) and employed by the private sector (63.2%). Internal consistency of the GR-COPSOQ II was assessed with the Cronbach alpha criterion (Cronbach’s a) and it was acceptable (0.8>α>0.7) for most of the scales. Mean scores were high in many scales that describe exposure to psychosocial risk factors at the workplace. Construct validity was established by exploratory factor analysis (EFA) for the entire study sample and scales. In conclusion, the Greek version of the COPSOQ-II (GR-COPSOQ II) has good psychometric properties and can be recommended as a valid tool for the assessment of psychosocial risk in Greek employees.


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