RISK AND LOSS AVERSE HOW ENTREPRENEURIAL INTENTION OCCUR

Herdjiono, Maria Veronica Irine and Maulany, Gerzon and Aldi, Benedictus Elnath and Fitriani, Fitriani (2018) RISK AND LOSS AVERSE HOW ENTREPRENEURIAL INTENTION OCCUR. Academy of Entrepreneurship Journal, 24 (3). pp. 1-10. ISSN p-ISSN 1087-9595; e-ISSN 1528- 2686

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Official URL: https://www.abacademies.org/articles/Risk-and-loss...

Abstract

Entrepreneur is professions which always faces uncertainty and risks when make decision. This study was aimed to determine how risk averse and loss averse influence entrepreneurial intention based on Prospect Theory, which an influential decision making perspective. The method was experimental method which was selected because it can provide specific illustration on individual behavior. Risk averse and loss averse were determined by two games. In each of the participants faced nine decisions and a number of questions to identify entrepreneurial intention. The research result showed that risk averse and loss averse influence entrepreneurial intention. This study implied that as future entrepreneurs, students should try business opportunities which have low risks they can handle. Selection of opportunity with low alternative should be done because risk behavior can be controlled by more knowledge and experience.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Fakultas Ekonomi dan Bisnis > Akuntansi
Depositing User: Dr Maria Irine Herdjiono
Date Deposited: 25 Apr 2019 10:48
Last Modified: 25 Apr 2019 10:48
URI: http://eprints.unmus.ac.id/id/eprint/194

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