01431nas a2200169 4500008004100000245012600041210006900167260000900236300001200245490000700257520079300264653001201057653001701069100001801086700002501104856013201129 2011 eng d00aFinancing the Entrepreneurial Decision: An Empirical Approach Using Experimental Data on US High Technology Entrepreneurs0 aFinancing the Entrepreneurial Decision An Empirical Approach Usi c2011 a209-2220 v363 aThis paper empirically examines the role of risk attitudes and wealth on financing choices for successful US entrepreneurs. Our approach uses both survey data and data from economics based field experiments, which enables us control for the risk attitudes of entrepreneurs. Empirical findings suggest that lower levels of wealth increase the probability of using a Small Business Innovation Research (SBIR) grant, but lower levels of wealth also reduce the probability of using loan financing. In addition results show that higher levels of risk aversion, but not wealth, increase the probability of financing firm start-ups with earnings from a second job. Overall, findings suggest that both wealth and risk attitudes may play an important role in the financing choice of entrepreneurs.10aFinance10aOSU-Cascades1 aElston, Julie1 aAudretsch, David, B. u/biblio/financing-entrepreneurial-decision-empirical-approach-using-experimental-data-us-high-2