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The purpose of this study was to analyze the relationship between middle-level hotel managers' personal risk-taking propensities and corporate entrepreneurship. We collected data from 106 middle-level hotel managers in Didim, a popular tourism destination located in western Turkey. Using exploratory factor analysis, multiple regression analysis, and analysis of variance, we analyzed the results. Multiple regression analysis indicated that none of the risk factors (Profit Risk, Risk Emotion, Managerial Risk, and Venture Risk) influenced corporate entrepreneurship. ANOVA revealed that there was a significant difference in corporate entrepreneurship by age (p < .001).
Hançer et al. (Wed,) studied this question.