Need for achievement, locus of control and the prediction of business start-ups: A longitudinal study

Hansemark, Ove C.

doi:10.1016/s0167-4870(02)00188-5

Cited by 248 publications

(187 citation statements)

References 51 publications

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“…Caliendo et al (2014) argue that internal LOC is among the personality traits that best predicts entrepreneurial entry and exit decisions. Hansemark (2003) finds in tracking Swedish entrepreneurship students over 11 years that LOC predicts entry into entrepreneurship for men but not for women.…”

Section: Locus Of Controlmentioning

confidence: 93%

“…Many researchers have found that a high need for achievement predicts entry into entrepreneurship, although this finding is sometimes challenged in specific contexts. Among the settings discussed above, the higher need for achievement is evident in the studies of the Austrian entrepreneurs (Korunka et al, 2003) and the Turkish students (Gürol and Atsan, 2006), but not in the study of Swedish entrepreneurship students (Hansemark, 2003). Comparing four Austrian studies, Frank et al (2007) conclude that the need for achievement selects individuals for entry into entrepreneurship.…”

Section: Need For Achievementmentioning

confidence: 97%

“…For example, Hansemark (2003) tracks students from a Swedish entrepreneurship program over an 11-year period by matching psychological data with Swedish registries of new businesses. The author measures the predictive validity of initially measured personality characteristics toward becoming an entrepreneur at some point in the future, relative to a matched control group.…”

Section: Longitudinal Studiesmentioning

confidence: 99%

See 2 more Smart Citations

Personality Traits of Entrepreneurs: A Review of Recent Literature

Kerr

2018

FNT in Entrepreneurship

258

161

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Section: Locus Of Controlmentioning

confidence: 93%

Section: Need For Achievementmentioning

confidence: 97%

Section: Longitudinal Studiesmentioning

confidence: 99%

See 1 more Smart Citation

Personality Traits of Entrepreneurs: A Review of Recent Literature

Kerr

2018

FNT in Entrepreneurship

258

161

View full text Add to dashboard Cite

“…This assumption belongs to Hansemark [32], who continued a series of analyses conducted by others in this direction [33][34][35][36][37][38]. As a concept, the need for achievement is the satisfaction felt by an individual when he or she achieves a goal through his or her own efforts.…”

Section: H1: the Need For Achievement Plays An Important Role In Detementioning

confidence: 99%

An Analysis of the Determinants of Entrepreneurial Intentions among Students: A Romanian Case Study

et al. 2016

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Developing people's interest towards starting a business plays a vital role in the former socialist countries in which, for a very long time, private property and free initiative were almost completely annihilated. Therefore, countries like Romania cannot design a sustainable growth model without taking into account the necessary improvements in the human capital factor, through the entrepreneurial education specific to the market economy, and in the social capital, which leads to stability and enhances the economic activity. The main objectives of this paper are to analyze how much the entrepreneurial intentions are influenced by certain psycho-behavioral traits of the individual (creativity, locus of control, need for achievement and risk taking propensity) and to evaluate the influence of different types of education on these intentions, in order to see if the entrepreneurial education significantly influences the entrepreneurial intentions of Romanian young people. By analyzing the specialized literature, we have developed six research hypothesis that were tested on a sample of 600 students from the undergraduate (bachelor) and master programs within the large state universities of Romania who have entrepreneurship courses in the content of their curricula, with the help of a questionnaire-based survey. Depending on the research hypothesis, several data analysis approaches were used, including Analysis of Variance (ANOVA), Principal Component Analysis (PCA) and General Linear Models (GLM). The main results of this study clearly illustrate that the need for achievement and the propensity towards taking risks play an important role in determining the entrepreneurial intention. Furthermore, graduates of the high schools with an entrepreneurial field are less inclined to engage in businesses compared to the graduates of the high schools that offer general education.

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“…Of course in the standard model this is easily satisifed because is assumed constant. 8 This assumption is meant to exclude the uninteresting cases in which the agent is either totally hopeless about the possibility of innovating ( t = 0), or absolutely sure of producing an innovation in the exact instant in which he invests ( t ! +1).…”

Section: Equilibrium Randd E¤orts Under Ambiguitymentioning

confidence: 99%

Ambiguity attitude, R&D investments and economic growth

Cozzi

Giordani

2011

J Evol Econ

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The process aimed at discovering new ideas is an economic activity whose returns are intrinsically uncertain. In a standard neo-Schumpeterian growth framework we assume that, when deciding upon R&D e¤orts, economic agents hold 'ambiguous beliefs' about the exact probability of arrival of the next vertical innovations, and face ambiguity via the MEU decision rule (Ghirardato et al. (2004)). Along the steady-state equilibrium the higher the agents'ambiguity aversion ( ), the lower the R&D e¤orts and, coeteris paribus, the overall economic performance. Consistently with a cross-country empirical evidence, this causal mechanism suggests that, together with the pro…tability conditions of the economy, di¤erent 'cultural'attitudes towards ambiguity may contribute to explain the di¤erent R&D intensities observed across countries.

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Need for achievement, locus of control and the prediction of business start-ups: A longitudinal study

Cited by 248 publications

References 51 publications

Personality Traits of Entrepreneurs: A Review of Recent Literature

Personality Traits of Entrepreneurs: A Review of Recent Literature

An Analysis of the Determinants of Entrepreneurial Intentions among Students: A Romanian Case Study

Ambiguity attitude, R&D investments and economic growth

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