Effects of organizational and decision-maker factors on new product risk taking

Article Abstract:

Individual differences and other contextual factors have been shown to influence the risk-taking behavior of managers, as suggested by a survey conducted on business administration students with masteral degree. Managers whose goals are motivated by aspirational reference points tend to prefer projects involving more risks, while those who are closely associated with survival points are likely to perform lesser risk-taking jobs. The availability of financial resources allocated for a particular projects has also been shown to create a significant effect on the risk-taking behavior of managers.

author: Forlani, David, Mullins, John W., Walker, Orville C., Jr.
Asset & Risk Management, Research, Analysis

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Missing the boat or sinking the boat: a study of new venture decision making

Article Abstract:

The various factors that influence the risk of new venture and the decision making of the entrepreneur are analyzed. Source of funding, entrepreneur skills, entrepreneur's perception of risk and risk propensities are the factors considered.

author: Forlani, David, Mullins, John W.
United Kingdom, Management dynamics, Venture Analysis, Management, Risk assessment, Company business management

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Perceived risks and choices in entrepreneurs' new venture decisions

Article Abstract:

Issues are presented concerning the evaluation of risk, the perception of risk and the willingness of entrepreneurs to make hazardous choices in the pursuit of potentially significant financial gains.

author: Forlani, David, Mullins, John W.
United States, Entrepreneurial Income, Psychological aspects, Evaluation, Entrepreneurship

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subjects list: Decision-making, Decision making, Risk management, Risk perception
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