Working paper No. 272: Variable Risk Preferences in New Firm Growth and Survival
Wennberg, K., Delmar, F., & McKelvie, A. (2016). Variable Risk Preferences in New Firm Growth and Survival. Ratio Working Paper No. 272. Stokcholm: Ratio.
Wennberg, K., Delmar, F., & McKelvie, A. (2016). Variable Risk Preferences in New Firm Growth and Survival. Ratio Working Paper No. 272. Stokcholm: Ratio.
We outline and test a decision-making theory of new venture growth and survival. Building upon research in entrepreneurship and decision making under risk, we hypothesize that entrepreneurs’ attention to survival and aspiration reference points changes based on venture age (experience-based learning), size (differences in decision complexity), and performance decision domain. Examining a panel of 14,760 new ventures in the professional services sector, our findings show how risk preferences change as a venture ages and increases in size. This approach offers a more nuanced view of decision making under risk and provides a theoretical explanation for the common patterns of new ventures’ probability of exit and growth diminishing with age and size.
Wennberg, K., Delmar, F., & McKelvie, A.
2016
Ratio Working Paper
2023
Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-19153-4_1
This chapter serves as an introduction to the volume Migration and Integration in a Post-Pandemic World: Socioeconomic Opportunities and Challenges and is a broad and selected overview of the socioeconomic field of international migration and integration as we knew it before the Covid-19 pandemic. It sets the stage for exploring how the critical event of the virus impacted and may continue to impact our understanding of diverse macro-, meso-, and micro-level challenges and opportunities in migration and integration. The chapter motivates the purpose of the volume, as well as the structure of the 15 chapters and their individual contributions ranging from migration over time, transnationalism, migration policies and implementation, the role of trade unions and civil society actors, country-of-origin sector sorting and required skills, along with immigrant discrimination and vaccine hesitancy among migrant groups.
2023
Provides a multidisciplinary perspective on migration. Contains empirical discussions that can inform policy discussions. Explores the changes to migration brought about from the COVID-19 pandemic. This book is open access, which means that you have free and unlimited access.
2023
This chapter examines sorting of workers from various immigrant groups in Sweden into sectors and jobs comparing these patterns to jobs held by natives in the same sectors. A specific focus is put on the skill composition of jobs and how this differs among migrants’ and natives’ job sorting. We use matched data on jobs, employers, and workers in Swedish hospitality, construction, and retail sectors to document patterns of country of origin-based segmentation. Results show that immigrants primarily enter routine jobs requiring a higher level of technical skills compared to natives who are more often found in non-routine jobs requiring interpersonal skills. In construction and retail, immigrants and natives work mostly in non-routine jobs. These stark patterns of job segregation suggests that education and training efforts among migrant workers should consider the acquisition of language and interpersonal skills in addition to formal training and education.