@incollection{,
	
					
					
					46FC818BD36662D3B755FC9CE90154E5
				,
	author={{OumeimaToumia} and {Sana ElHarbi}},
	journal={{Global Journal of Management and Business Research}},
	journal={{GJMBR}}2249-45880975-585310.34257/GJMBR,
	address={Cambridge, United States},
	publisher={Global Journals Organisation}2164553
}

@incollection{b0,
	
	
		,
	title={{Flows, performance, and managerial incentives in the hedge fund industry}}
		,
	author={{
			VAgarwal
		} and {
			NDaniel
		} and {
			NYNaik
		}}
		
		
	
	
		,
	journal={{Working Paper}}
		
			7
			24
			3
			,
	year={2003}
		
		
			Georgia State University and London Business School
		
	

}

@incollection{b1,
	
	
		,
	title={{Portfolio choice and trading in a large 401 (k) plan}}
		,
	author={{
			JAgnew
		} and {
			PBalduzzi
		} and {
			ASundén
		}}
		
		
	
	
		,
	journal={{American Economic Review}}
		
			93
			1
			
			,
	year={2003}
		
	

}

@incollection{b2,
	
	
		,
	title={{Overconfidence and optimism: The effect of national culture on capital structure}}
		,
	author={{
			RCAntonczyk
		} and {
			AJSalzmann
		}}
		
	
	
		,
	journal={{Research in International Business and Finance}}
		
			31
			C
			
			,
	year={2014}
		
	

}

@incollection{b3,
	
	
		,
	title={{Out of sight, out of mind: The effects of expenses on mutual fund flows}}
		,
	author={{
			BMBarber
		} and {
			TOdean
		} and {
			LZheng
		}}
		
		
	
	
		,
	journal={{The Journal of Business}}
		
			78
			6
			
			,
	year={2005}
		
	

}

@incollection{b4,
	
	
		,
	title={{A survey of behavioral finance}}
		,
	author={{
			NBarberis
		} and {
			RThaler
		}}
		
	
	
		,
	journal={{Handbook of the Economics of Finance}}
		
			1
			
			,
	year={2003}
		
	

}

@book{b5,
	
	
		,
	title={{Does Venture Capital Investment Spur Employment Growth?-Further Evidence}}
		,
	author={{
			ABelke
		} and {
			RFehn
		} and {
			NFoster
		}}
		
		
		
			,
	year={2003. 2003}
			,
	address={Germany}
		
		
			Department of Economics, University of Hohenheim
		
	

}

@incollection{b6,
	
	
		,
	title={{Regret in decision making under uncertainty}}
		,
	author={{
			DEBell
		}}
	
	
		,
	journal={{Operations research}}
		
			30
			5
			
			,
	year={1982}
		
	

}

@incollection{b7,
	
	
		,
	title={{The macroeconomic determinants of private equity investment: a European comparison}}
		,
	author={{
			KBernoth
		} and {
			RColavecchio
		}}
		
	
	
		,
	journal={{Applied Economics}}
		
			46
			11
			
			,
	year={2014}
		
	

}

@incollection{b8,
	
	
		,
	title={{Private equity and industry performance}}
		,
	author={{
			SBernstein
		} and {
			JLerner
		} and {
			MSorensen
		} and {
			PStrömberg
		}}
		
		
		
	
	
		,
	journal={{Management Science}}
		
			63
			4
			
			,
	year={2016}
		
	

}

@book{b9,
	
	
		,
	title={{New perspectives and directions for understanding proactivity in organizations}}
		,
	author={{
			UKBindl
		} and {
			SKParker
		}}
		
		
			,
	year={2017}
		
	

}

@incollection{b10,
	
	
		,
	title={{Venture capital and the structure of capital markets: banks versus stock markets}}
		,
	author={{
			BSBlack
		} and {
			RJGilson
		}}
		
	
	
		,
	journal={{Journal of financial economics}}
		
			47
			3
			
			,
	year={1998}
		
	

}

@incollection{b11,
	
	
		,
	title={{Do private equity-owned firms have better management practices?}}
		,
	author={{
			NBloom
		} and {
			RSadun
		} and {
			JVan Reenen
		}}
		
		
	
	
		,
	journal={{American Economic Review}}
		
			105
			5
			
			,
	year={2015}
		
	

}

@incollection{b12,
	
	
		,
	title={{Making Things Happen (Un) Expectedly: Interactive Effects of Age, Gender, and Motives on Evaluations of Proactive Behavior}}
		,
	author={{
			CBohlmann
		} and {
			HZacher
		}}
		
	
	
		,
	journal={{Journal of Business and Psychology}}
		
			
			,
	year={2020}
		
	

}

@incollection{b13,
	
	
		,
	title={{The political and legal determinants of venture capital investments around the world}}
		,
	author={{
			SBonini
		} and {
			SAlkan
		}}
		
	
	
		,
	journal={{Small Business Economics}}
		
			39
			4
			
			,
	year={2012}
		
	

}

@incollection{b14,
	
	
		,
	title={{Are entrepreneurs' decisions more biased? An experimental investigation of the susceptibility to status quo bias}}
		,
	author={{
			KBurmeister
		} and {
			CSchade
		}}
		
	
	
		,
	journal={{Journal of Business Venturing}}
		
			22
			3
			
			,
	year={2007}
		
	

}

@incollection{b15,
	
	
		,
	title={{Differences between entrepreneurs and managers in large organizations: Biases and heuristics in strategic decision-making}}
		,
	author={{
			LWBusenitz
		} and {
			JBBarney
		}}
		
	
	
		,
	journal={{Journal of business venturing}}
		
			12
			1
			
			,
	year={1997}
		
	

}

@book{b16,
	
	
		,
	title={{Venture capital at the crossroads}}
		,
	author={{
			WDBygrave
		} and {
			JATimmons
		}}
		
		
			,
	year={1992}
			,
	publisher={Harvard Business Press}
		
	

}

@incollection{b17,
	
	
		,
	title={{Does daily proactivity affect well-being? The moderating role of punitive supervision}}
		,
	author={{
			FCangiano
		} and {
			SKParker
		} and {
			GBYeo
		}}
		
		
	
	
		,
	journal={{Journal of Organizational Behavior}}
		
			40
			1
			
			,
	year={2019}
		
	

}

@incollection{b18,
	
	
		,
	title={{Design choices in privatized social-security systems: Learning from the Swedish experience}}
		,
	author={{
			HCronqvist
		} and {
			RHThaler
		}}
		
	
	
		,
	journal={{American Economic Review}}
		
			94
			2
			
			,
	year={2004}
		
	

}

@book{b19,
	
	
		,
	title={{An entrepreneur's guide to the venture capital galaxy}}
		,
	author={{
			DDe Clercq
		} and {
			VHFried
		} and {
			OLehtonen
		} and {
			HJSapienza
		}}
		
		
		
		
			,
	year={2006}
			,
	publisher={Academy of Management Perspectives}
			20
			
		
	

}

@incollection{b20,
	
	
		,
	title={{Status Quo Institutions and the Benefits of Institutional Deviations}}
		,
	author={{
			NElert
		} and {
			MHenrekson
		}}
		
	
	
		,
	journal={{International Review of Entreprene urship}}
		
			15
			1
			
			,
	year={2017}
		
	

}

@incollection{b21,
	
	
		,
	title={{Firm-level implications of early-stage venture capital investment-An empirical investigation}}
		,
	author={{
			DEngel
		} and {
			MKeilbach
		}}
		
	
	
		,
	journal={{Journal of Empirical Finance}}
		
			14
			2
			
			,
	year={2007}
		
	

}

@incollection{b22,
	
	
		,
	title={{The determinants of venture capital in Europe-Evidence across countries}}
		,
	author={{
			EG SFélix
		} and {
			CPPires
		} and {
			MAGulamhussen
		}}
		
		
	
	
		,
	journal={{Journal of Financial Services Research}}
		
			44
			3
			
			,
	year={2013}
		
	

}

@incollection{b23,
	
	
		,
	title={{The private equity market: An overview. Financial Markets}}
		,
	author={{
			GWLiang
		} and {
			NProwse
		} and {
			S
		}}
		
		
	
	
		,
	journal={{Institutions &}}
		
			6
			4
			
			,
	year={1997}
		
	

}

@incollection{b24,
	
	
		,
	title={{What you are is what you like-similarity biases in venture capitalists' evaluations of start-up teams}}
		,
	author={{
			NFranke
		} and {
			MGruber
		} and {
			DHarhoff
		} and {
			JHenkel
		}}
		
		
		
	
	
		,
	journal={{Journal of Business Venturing}}
		
			21
			6
			
			,
	year={2006}
		
	

}

@incollection{b25,
	
	
		,
	title={{Institutional Reinvestments in Private Equity Funds as a Double-Edged Sword: the Role of the Status Quo Bias}}
		,
	author={{
			MFreiburg
		} and {
			DGrichnik
		}}
		
	
	
		,
	journal={{Journal of Behavioral Finance}}
		
			14
			2
			
			,
	year={2013}
		
	

}

@incollection{b26,
	
	
		,
	title={{Reputation-concerned policy makers and institutional status quo bias}}
		,
	author={{
			QFu
		} and {
			MLi
		}}
		
	
	
		,
	journal={{Journal of Public Economics}}
		
			110
			
			,
	year={2014}
		
	

}

@incollection{b27,
	
	
		,
	title={{A question of authenticity: Status quo bias and the International Energy Agency's World Energy Outlook}}
		,
	author={{
			JGaede
		} and {
			JMeadowcroft
		}}
		
	
	
		,
	journal={{Journal of environmental policy & planning}}
		
			18
			5
			
			,
	year={2016}
		
	

}

@book{b28,
	
	
		,
	title={{Private equity: Changing perceptions and new realities}}
		,
	author={{
			SGhai
		} and {
			CKehoe
		} and {
			GPinkus
		}}
		
		
		
			,
	year={2014}
			,
	publisher={Mc Kinsey Quarterly}
		
	

}

@incollection{b29,
	
	
		,
	title={{The rise and fall of venture capital}}
		,
	author={{
			PGompers
		}}
	
	
		,
	journal={{Business and Economic History}}
		
			23
			2
			
			,
	year={1994}
		
	

}

@incollection{b30,
	
	
		,
	title={{What do private equity firms say they do?}}
		,
	author={{
			PGompers
		} and {
			SNKaplan
		} and {
			VMukharlyamov
		}}
		
		
	
	
		,
	journal={{Journal of Financial Economics}}
		
			121
			3
			
			,
	year={2016}
		
	

}

@incollection{b31,
	
	
		,
	title={{What drives venture capital fundraising}}
		,
	author={{
			PGompers
		} and {
			JLerner
		}}
		
	
	
		,
	journal={{Brookings Papers on Economic Activity}}
		
			29
			
			,
	year={1998}
		
	

}

@incollection{b32,
	
	
		,
	title={{The venture capital revolution}}
		,
	author={{
			PGompers
		} and {
			JLerner
		}}
		
	
	
		,
	journal={{Journal of economic perspectives}}
		
			15
			2
			
			,
	year={2001}
		
	

}

@incollection{b33,
	
	
		,
	title={{What do venture capitalists do?}}
		,
	author={{
			MGorman
		} and {
			WASahlman
		}}
		
	
	
		,
	journal={{Journal of business venturing}}
		
			4
			4
			
			,
	year={1989}
		
	

}

@incollection{b34,
	
	
		,
	title={{The European venture capital and private equity country attractiveness indices}}
		,
	author={{
			APGroh
		} and {
			HVon Liechtenstein
		} and {
			KLieser
		}}
		
		
	
	
		,
	journal={{Journal of Corporate Finance}}
		
			16
			2
			
			,
	year={2010}
		
	

}

@incollection{b35,
	
	
		,
	title={{The status quo and the investment decisions}}
		,
	author={{
			SEHarbi
		} and {
			OToumia
		}}
		
	
	
		,
	journal={{Managerial Finance}}
		
			46
			9
			
			,
	year={2020}
		
	

}

@incollection{b36,
	
	
		,
	title={{Consumer rationality and the status quo}}
		,
	author={{
			RSHartman
		} and {
			MJDoane
		} and {
			CKWoo
		}}
		
		
	
	
		,
	journal={{The Quarterly Journal of Economics}}
		
			106
			1
			
			,
	year={1991}
		
	

}

@book{b37,
	
	
		,
	title={{The interaction between product market and financing strategy: The role of venture capital. The review of financial studies}}
		,
	author={{
			THellmann
		} and {
			MPuri
		}}
		
		
			,
	year={2000}
			13
			
		
	

}

@book{b38,
	
	
		,
	title={{Value Creation and Value Transfer of Leveraged Buyouts: A Review of Recent Developments and Challenges for Emerging Markets. Emerging Markets Finance and Trade}}
		,
	author={{
			YDHung
		} and {
			MHTsai
		}}
		
		
			,
	year={2017}
			53
			
		
	

}

@incollection{b39,
	
	
		,
	title={{Framing, probability distortions, and insurance decisions}}
		,
	author={{
			EJJohnson
		} and {
			JHershey
		} and {
			JMeszaros
		} and {
			HKunreuther
		}}
		
		
		
	
	
		,
	journal={{Journal of Risk and Uncertainty}}
		
			7
			1
			
			,
	year={1993}
		
	

}

@incollection{b40,
	
	
		,
	title={{Prospect Theory: An Analysis of Decision under Risk}}
		,
	author={{
			DKahneman
		} and {
			ATversky
		}}
		
	
	
		,
	journal={{Econometrica}}
		
			47
			2
			
			,
	year={1979}
		
	

}

@incollection{b41,
	
	
		,
	title={{Drivers of private equity investment activity: are buyout and venture investors really so different?}}
		,
	author={{
			RKelly
		}}
	
	
		,
	journal={{Venture Capital}}
		
			14
			4
			
			,
	year={2012}
		
	

}

@incollection{b42,
	
	
		,
	title={{Status quo bias and the number of alternatives: An empirical illustration from the mutual fund industry}}
		,
	author={{
			AKempf
		} and {
			SRuenzi
		}}
		
	
	
		,
	journal={{The journal of behavioral finance}}
		
			7
			4
			
			,
	year={2006}
		
	

}

@book{b43,
	
	
		,
	title={{A Guide to Econometrics}}
		,
	author={{
			PKennedy
		}}
		
			,
	year={1992}
			,
	publisher={The MIT press}
			,
	address={Cambridge, Massachusetts}
		
	

}

@book{b44,
	
	
		,
	author={{
			NKhan
		} and {
			QShe
		} and {
			LZhang
		} and {
			IAhmad
		}}
		
		
		
		,
	title={{Does Venture Capital Investment Spur Innovation? Cross Countries Analysis. Cross Countries Analysis}}
				
			,
	year={2018. December 19. 2018}
		
	

}

@incollection{b45,
	
	
		,
	title={{Explaining the economic trajectories of civilizations: The systemic approach}}
		,
	author={{
			TKuran
		}}
	
	
		,
	journal={{Journal of Economic Behavior & Organization}}
		
			71
			3
			
			,
	year={2009}
		
	

}

@incollection{b46,
	
	
		,
	title={{Venture capital investments and the technological performance of portfolio firms}}
		,
	author={{
			HLahr
		} and {
			AMina
		}}
		
	
	
		,
	journal={{Research Policy}}
		
			45
			1
			
			,
	year={2016}
		
	

}

@incollection{b47,
	
	
		,
	title={{Venture capitalists and the oversight of private firms}}
		,
	author={{
			JLerner
		}}
	
	
		,
	journal={{The Journal of Finance}}
		
			50
			1
			
			,
	year={1995}
		
	

}

@incollection{b48,
	
	
		,
	title={{Assessing the contribution of venture capital}}
		,
	author={{
			JLerner
		}}
	
	
		,
	journal={{The RAND Journal of Economics}}
		
			31
			4
			
			,
	year={2000}
		
	

}

@incollection{b49,
	
	
		,
	title={{Financial Development and Economic Growth: Views and Agenda}}
		,
	author={{
			RLevine
		}}
	
	
		,
	journal={{Journal of Economic Literature}}
		
			35
			2
			
			,
	year={1997}
		
	

}

@incollection{b50,
	
	
		,
	title={{National distances, international experience, and venture capital investment performance}}
		,
	author={{
			YLi
		} and {
			IBVertinsky
		} and {
			JLi
		}}
		
		
	
	
		,
	journal={{Journal of Business Venturing}}
		
			29
			4
			
			,
	year={2014}
		
	

}

@incollection{b51,
	
	
		,
	title={{Skills or networks? success and fundraising determinants in a low performing venture capital market}}
		,
	author={{
			MMilosevic
		}}
	
	
		,
	journal={{Research Policy}}
		
			47
			1
			
			,
	year={2018}
		
	

}

@incollection{b52,
	
	
		,
	title={{The Power of Suggestion: Inertia in 401 (k) Participation and Savings Behavior}}
		,
	author={{
			BCMadrian
		} and {
			DFShea
		}}
		
	
	
		,
	journal={{The Quarterly Journal of Economics}}
		
			116
			4
			
			,
	year={2001}
		
	

}

@incollection{b53,
	
	
		,
	title={{Generalized inverses, ridge regression, biased linear estimation, and nonlinear estimation}}
		,
	author={{
			DWMarquaridt
		}}
	
	
		,
	journal={{Technometrics}}
		
			12
			3
			
			,
	year={1970}
		
	

}

@incollection{b54,
	
	
		,
	title={{The driving forces of venture capital investments}}
		,
	author={{
			YNing
		} and {
			WWang
		} and {
			BYu
		}}
		
		
	
	
		,
	journal={{Small Business Economics}}
		
			44
			2
			
			,
	year={2015}
		
	

}

@incollection{b55,
	
	
		,
	title={{A caution regarding rules of thumb for variance inflation factors}}
		,
	author={{
			RMO'brien
		}}
	
	
		,
	journal={{Quality & quantity}}
		
			41
			5
			
			,
	year={2007}
		
	

}

@incollection{b56,
	
	
		,
	title={{Using cognitive theory to explain entrepreneurial risk-taking: challenging conventional wisdom}}
		,
	author={{
			LPalich
		} and {
			DBagby
		}}
		
	
	
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	journal={{Journal}}
		
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			6
			
			,
	year={1995}
		
	

}

@book{b57,
	
	
		,
	title={{Investment flows and performance: Evidence from mutual funds, cross-border investments, and new issues. Japan, Europe and the financial markets: Analytical and empirical perspectives}}
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	author={{
			JPatel
		} and {
			RJZeckhauser
		} and {
			DHendricks
		}}
		
		
		
			,
	year={1994}
			
		
	

}

@incollection{b58,
	
	
		,
	title={{The Future of Private Equity in Europe-The Determinants Across Countries}}
		,
	author={{
			MPrecup
		}}
	
	
		,
	journal={{Romanian Journal of European Affairs}}
		
			15
			4
			
			,
	year={2015}
		
	

}

@incollection{b59,
	
	
		,
	title={{On the life cycle dynamics of venture-capital-and non-venture-capital -financed firms}}
		,
	author={{
			MPuri
		} and {
			RZarutskie
		}}
		
	
	
		,
	journal={{The Journal of Finance}}
		
			67
			6
			
			,
	year={2012}
		
	

}

@incollection{b60,
	
	
		,
	title={{Venture capital, entrepreneurship, and economic growth}}
		,
	author={{
			SSamila
		} and {
			OSorenson
		}}
		
	
	
		,
	journal={{The Review of Economics and Statistics}}
		
			93
			1
			
			,
	year={2011}
		
	

}

@incollection{b61,
	
	
		,
	title={{Status quo bias in decision making}}
		,
	author={{
			WSamuelson
		} and {
			RZeckhauser
		}}
		
	
	
		,
	journal={{Journal of risk and uncertainty}}
		
			1
			1
			
			,
	year={1988}
		
	

}

@incollection{b62,
	
	
		,
	title={{Holding on for too long? An experimental study on inertia in entrepreneurs' and nonentrepreneurs' disinvestment choices}}
		,
	author={{
			SSandri
		} and {
			CSchade
		} and {
			OMusshoff
		} and {
			MOdening
		}}
		
		
		
	
	
		,
	journal={{Journal of economic behavior & organization}}
		
			76
			1
			
			,
	year={2010}
		
	

}

@incollection{b63,
	
	
		,
	title={{When do venture capitalists add value?}}
		,
	author={{
			HJSapienza
		}}
	
	
		,
	journal={{Journal of Business Venturing}}
		
			7
			1
			
			,
	year={1992}
		
	

}

@incollection{b64,
	
	
		,
	title={{Multiple reference points, framing, and the status quo bias in health care financing decisions}}
		,
	author={{
			MSchweitzer
		}}
	
	
		,
	journal={{Organizational Behavior and Human Decision Processes}}
		
			63
			1
			
			,
	year={1995}
		
	

}

@incollection{b65,
	
	
		,
	title={{Innovation and venture capital exits}}
		,
	author={{
			ASchwienbacher
		}}
	
	
		,
	journal={{The Economic Journal}}
		
			118
			533
			
			,
	year={2008}
		
	

}

@incollection{b66,
	
	
		,
	title={{What do proactive people do? A longitudinal model linking proactive personality and career success}}
		,
	author={{
			SESeibert
		} and {
			MLKraimer
		} and {
			JMCrant
		}}
		
		
	
	
		,
	journal={{Personnel psychology}}
		
			54
			4
			
			,
	year={2001}
		
	

}

@incollection{b67,
	
	
		,
	title={{Behavioral corporate finance}}
		,
	author={{
			HShefrin
		}}
	
	
		,
	journal={{Journal of applied corporate finance}}
		
			14
			3
			
			,
	year={2001}
		
	

}

@incollection{b68,
	
	
		,
	title={{Making things happen: A model of proactive motivation}}
		,
	author={{
			SKParker
		} and {
			UKBindl
		} and {
			KStrauss
		}}
		
		
	
	
		,
	journal={{Journal of management}}
		
			36
			4
			
			,
	year={2010}
		
	

}

@incollection{b69,
	
	
		,
	title={{Taking stock: Integrating and differentiating multiple proactive behaviors}}
		,
	author={{
			SKParker
		} and {
			CGCollins
		}}
		
	
	
		,
	journal={{Journal of management}}
		
			36
			3
			
			,
	year={2010}
		
	

}

@incollection{b70,
	
	
		,
	title={{Modeling the antecedents of proactive behavior at work}}
		,
	author={{
			SKParker
		} and {
			HMWilliams
		} and {
			NTurner
		}}
		
		
	
	
		,
	journal={{Journal of applied psychology}}
		
			91
			3
			636
			,
	year={2006}
		
	

}

@incollection{b71,
	
	
		,
	title={{The rationality struggle: Illustrations from financial markets}}
		,
	author={{
			JPatel
		} and {
			RZeckhauser
		} and {
			DHendricks
		}}
		
		
	
	
		,
	journal={{The American Economic Review}}
		
			81
			2
			
			,
	year={1991}
		
	

}

@incollection{b72,
	
	
		,
	title={{What factors affect behavioral biases? Evidence from Turkish individual stock investors}}
		,
	author={{
			BTekçe
		} and {
			NY?lmaz
		} and {
			RBildik
		}}
		
		
	
	
		,
	journal={{Research in International Business and Finance}}
		
			37
			
			,
	year={2016}
		
	

}

@incollection{b73,
	
	
		,
	title={{Proactive personality and job performance: a social capital perspective}}
		,
	author={{
			JAThompson
		}}
	
	
		,
	journal={{Journal of Applied psychology}}
		
			90
			5
			1011
			,
	year={2005}
		
	

}

@incollection{b74,
	
	
		,
	title={{Employee proactivity in organizations: A comparative meta-analysis of emergent proactive constructs}}
		,
	author={{
			JPThomas
		} and {
			DSWhitman
		} and {
			CViswesvaran
		}}
		
		
	
	
		,
	journal={{Journal of occupational and organizati onal psychology}}
		
			83
			2
			
			,
	year={2010}
		
	

}