The risk‐seeking propensity of Indian entrepreneurs: A study using GEM data

Abstract

Abstract The risk‐seeking propensity of total early‐stage entrepreneurial activities paves the way for further business‐related activities as risk plunging attitude leads to the creation of innovative business models, whereas risk aversion hampers new explorations. Skill, operational social entrepreneurial activities, and family size are the crucial factors influencing the risk‐seeking abilities of the total early‐stage entrepreneurs in India. Entrepreneurs involved in operational social entrepreneurial activities are likely to be more risk plungers as compared to commercial entrepreneurs. The promotion of social entrepreneurship by incentivizing and equipping the youth with the requisite skills and knowledge is the need of the hour for raising the risk‐seeking propensity.

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