LAUSR.org creates dashboard-style pages of related content for over 1.5 million academic articles. Sign Up to like articles & get recommendations!

Psychological and sociological determinants of entrepreneurial intentions and behaviors

Photo from wikipedia

Research concerned with the personality of entrepreneurs entails an important part of the research into the management of small and medium-sized enterprises and entrepreneurship. This research has added new knowledge… Click to show full abstract

Research concerned with the personality of entrepreneurs entails an important part of the research into the management of small and medium-sized enterprises and entrepreneurship. This research has added new knowledge about the role of entrepreneurs’ personality characteristics, their family entrepreneurial background, and the local supportive entrepreneurial background in entrepreneurial start-up intentions and behaviors. Hypotheses and a model were developed and verified using structural equation modeling and regression analysis considering data from a sample of entrepreneurs and students. This research revealed that several personality and sociological factors can be important for entrepreneurship when it comes to starting a business. The most important were the Big Five personality factors openness, extraversion, and non-agreeableness and, to a smaller extent, emotional stability (non-neuroticism), and conscientiousness. The second-most important group of factors were the specific motivational characteristics entrepreneurial self-efficacy, internal locus of control, and risk-taking propensity. Sociological factors were much less important than psychological elements for establishing business.

Keywords: psychological sociological; intentions behaviors; determinants entrepreneurial; personality; research; sociological determinants

Journal Title: Frontiers in Psychology
Year Published: 2023

Link to full text (if available)


Share on Social Media:                               Sign Up to like & get
recommendations!

Related content

More Information              News              Social Media              Video              Recommended



                Click one of the above tabs to view related content.