Can Fatalism Explain why Entrepreneurs Tend to Save so Much?

• Autorzy: Gabriele Ruiu
• Języki publikacji: EN

Abstrakty

EN

According to robust empirical findings, entrepreneurial households tend to save more than non-entrepreneurial ones. This difference in saving propensity is not merely accounted by high entrepreneurial income. This paper aims to offer a better understanding of the financial behaviour of entrepreneurs. Building on previous empirical findings on the effect of fatalistic tendencies on economic behavior, we argue that fatalism may negatively affect both the decision to save and the decision of becoming an entrepreneur. Using data from the fifth and sixth wave of the World Value Survey for the empirical testing of this idea, our multivariate analysis shows that, controlling for a large set of individual and contextual traits, fatalistic beliefs discourage both choices.(original abstract)

Słowa kluczowe

EN

Entrepreneurship; Savings motivation; Cultural heritage; Psychology; Financial behaviour

PL

Przedsiębiorczość; Motywacja oszczędzania; Dziedzictwo kulturowe; Psychologia; Zachowania finansowe

• Czasopismo: Economics & Sociology
• Rocznik: 2018
• Tom: 11
• Numer: nr 1
• Strony: 293--309

Twórcy

autor

Gabriele Ruiu

• University of Sassari, Italy

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Identyfikatory

DOI

10.14254/2071-789X.2018/11-1/19