2024
DOI: 10.3390/agriculture14020209
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The Impact of Risk Aversion and Migrant Work Experience on Farmers’ Entrepreneurship: Evidence from China

Tong Wang,
Jiaxuan Liu,
Hongyu Zhu
et al.

Abstract: Investing in entrepreneurship may be costly, and therefore risky, and entrepreneurship is also an economic endeavor that is highly dependent on entrepreneurial ability and risk appetite. In this study, data from 669 famers in southwest China were used as the sample, and we used three different methods to measure farmers’ risk aversion level, including DOSPRET (Domain-Specific Risk-Taking), SOEP (Simple Self-Report), and BRET (Bomb Risk Elicitation Task). This paper studies the impact of farmers’ risk aversion … Show more

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Cited by 3 publications
(1 citation statement)
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“…Recently, the effective execution of new urbanization and rural revitalization policies has led to the continual optimization of the urban and rural regional development pattern, which has greatly stimulated the dynamic growth of returning entrepreneurship [23]. Migrant workers returning home for entrepreneurship refers to the act of rural laborers, who have previously worked in different locations, coming back to their registered households in villages and towns to pursue self-employment or non-agricultural jobs, which is an economic phenomenon with distinctive Chinese characteristics [24].…”
Section: Introductionmentioning
confidence: 99%
“…Recently, the effective execution of new urbanization and rural revitalization policies has led to the continual optimization of the urban and rural regional development pattern, which has greatly stimulated the dynamic growth of returning entrepreneurship [23]. Migrant workers returning home for entrepreneurship refers to the act of rural laborers, who have previously worked in different locations, coming back to their registered households in villages and towns to pursue self-employment or non-agricultural jobs, which is an economic phenomenon with distinctive Chinese characteristics [24].…”
Section: Introductionmentioning
confidence: 99%