Does entrepreneur dispositional optimism bias affect small firms' technical efficiency
by Ben Fatma Elhem; Ben Mohamed Ezzeddine; Sami Boudabbous
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 24, No. 3, 2015

Abstract: The aim of this paper is to investigate the effect of entrepreneurs' dispositional optimism on small business firm efficiency in the Tunisian context. Using a stochastic frontier analysis technique adjusted to an entrepreneur dispositional optimism bias, we estimate the efficiency score and then we demonstrate that the inefficiency term is explained by entrepreneur dispositional optimism. Our data consists of 67 small firms between 2008 and 2012. Our results highlight that other entrepreneurial characteristics and social network can explain technical efficiency.

Online publication date: Fri, 13-Feb-2015

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