Personality traits and entrepreneurial intention: The mediating role of risk aversion

Ahmed, Malik Aftab; Khattak, Muhammad Sualeh; Anwar, Muhammad

doi:10.1002/pa.2275

Cited by 47 publications

(51 citation statements)

References 78 publications

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“…Therefore, it may be important for entrepreneurs to nurture long and trustworthy relationships with other stakeholders for successful ventures. Some of the previous studies have reported a negative association between agreeableness and entrepreneurial intentions (Ahmed et al, 2020) but the findings of the study slightly differ. This might be because helpful and cooperative individuals might also reflect intent to get involved in entrepreneurial activities and can also have a successful entrepreneurial career.…”

Section: Discussioncontrasting

confidence: 78%

Engine of entrepreneurial intentions: revisiting personality traits with entrepreneurial education

Biswas

Verma

2021

BIJ

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PurposeThe intent to start an entrepreneurial venture is predisposed by certain personality traits. The study aims to analyze the impact of various identified personality traits and entrepreneurial education on entrepreneurial intentions of management students.Design/methodology/approachThe data for the study were gathered from 440 students of top 5 management institutes in India. The study used a cross-sectional design and structured questionnaire based on seven-point Likert scale and was administered employing a purposive sampling method. Structural equation modeling (SEM) was utilized to validate posited hypotheses in the study.FindingsThe study discerns that apart from agreeableness dimension of personality traits, all remaining identified dimensions along with entrepreneurial education had a significant influence on entrepreneurial intentions of management students with need for achievement emerging as the most important enabler. Conscientiousness was the major dimension among big five personality traits bearing a positive influence, while neuroticism registered a negative impact on entrepreneurial intentions. In addition, results bespeak that entrepreneurial education partially mediates the effect of need for achievement, locus of control and innovativeness on entrepreneurial intentions.Research limitations/implicationsThe compendious model proffered in the study might be helpful for students, educators, consultants, financial institutions and policymakers in appreciating the gravity of underlying personality traits.Originality/valueThere is a dearth of research on big five personality traits and entrepreneurial education as enablers of entrepreneurial intentions. The study attempts to integrate big five personality traits model with dimensions of need for achievement, locus of control, innovativeness and entrepreneurial education for management students in India.

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Section: Discussioncontrasting

confidence: 78%

Engine of entrepreneurial intentions: revisiting personality traits with entrepreneurial education

Biswas

Verma

2021

BIJ

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“…Table 1 has the following literature, which is based on studies done from 2012 to 2022. Ahmed et al (2022) conducted a study in Pakistan on the influence of the big five personality traits on entrepreneurial intentions. The study found that extroversion, neuroticism, openness to experience and agreeableness do not have a big effect on whether or not someone wants to start their own business.…”

Section: Studies That Delinked Some Characteristics From Entrepreneur...mentioning

confidence: 99%

“…Studies have presented that successful entrepreneurs have similar characteristics to each other (see Timmons et al, 2004;Carland et al, 1984;Desai et al, 2009;Ehigie et al, 2003;Bulu et al, 2005;Hui et al, 2006;Djankov et al, 2007;Papzan et al, 2008;Abdullah et al, 2009;Di Zhang et al, 2011) with some studies arguing that some characteristics presented by other studies do not lead to entrepreneurial success or/and intention (see Ahmed et al, 2019Ahmed et al, , 2022Awwad et al, 2021;Biswas & Verma, 2021a, 2021bSarwoko & Nurfarida, 2021;Mhlanga, 2019;Franco & Prata, 2019;Zhou et al, 2019;Setia, 2018;Djankov et al, 2007).…”

Section: Introductionmentioning

confidence: 99%

Uncovering dominant characteristics for entrepreneurial intention and success in the last decade: systematic literature review

Yangailo

Qutieshat

2022

Entrep Educ

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This study presents a systematic literature review to identify dominant characteristics that predict entrepreneurial intention and entrepreneurial success in the twentyfirst century. The aim was to provide insights to entrepreneurs, academicians, policy makers, counsellors and all those charged with the responsibility of entrepreneurship development. The study applied a systematic review of the literature contained in the two databases, namely Semantic Scholar and Google Scholar. The analysis of the literature identified self-efficacy, conscientiousness, locus of control, need for achievement and innovativeness as the indisputably and unarguably key top personal characteristics that predict both entrepreneurial intention and guarantee entrepreneurial success. The study also finds that characteristics that predict entrepreneurial intention also guarantee entrepreneurial success. The review of the existing literature shows that there are gaps in it. For example, there are not many countries where studies have been done in the area of interest, and the research methods used in those studies are not balanced because they are mostly quantitative. The major contribution of the study was the identification of key dominant personal characteristics that predict both entrepreneurial intention and lead to entrepreneurial success in today's dynamic environment. The other key contribution is stages, methodology and the analysis that can be replicated and employed by other researchers (scholars and practitioners) to conduct other studies or better still, similar studies in the future.

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“…Entrepreneurial intention is impacted by suitability, the requirement for accomplishment, regard toward oneself, locus of control, emotional demeanor, and association ( Wu et al, 2019 ; Tan et al, 2021 ). Modern analysts have questioned the usefulness of personality measures in anticipating occupation-related criteria, in light of doubtful study results ( Guion and Gottier, 1965 ; Ahmed et al, 2020 ) and are concerned that most personality measures are replicated. Personality traits are a multi-dimensional construct that demonstrate how well workers perform their undertakings, the actions they select, and the skill they demonstrate in tackling issues ( Luc, 2020 ; Shah et al, 2020 ).…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Psychological Factors on Women Entrepreneurial Inclination: Mediating Role of Self-Leadership

et al. 2021

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The worth of women’s entrepreneurship is accepted globally, but there is less focus on it in developing countries, and societal expectations mean women often lack the confidence to start their own business. The core purpose of this research is to investigate the influence of personality traits on women’s inclination toward entrepreneurship. The personality traits are measured through the dimensions of openness, neuroticism, extraversion, conscientiousness, and agreeableness. Further, the study introduced the mediator of self-leadership on personality traits and entrepreneurial intentions of women. The study is quantitative in nature and used a questionnaire survey to collect the data by convenience sampling technique. The data was collected in the context of Pakistan, and Smart PLS was chosen for further analysis. The findings revealed the significance of the relationship between personality traits and entrepreneurial intention. Furthermore, the study also highlighted the significance of self-leadership as a mediator and proposed significant relationships. The study suggested that personality issues should be considered and used from a business perspective, and self-leadership is important for women. The study provides room for policymakers and institutes to inform educational policies to motivate women entrepreneurs for the future.

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Personality traits and entrepreneurial intention: The mediating role of risk aversion

Cited by 47 publications

References 78 publications

Engine of entrepreneurial intentions: revisiting personality traits with entrepreneurial education

Engine of entrepreneurial intentions: revisiting personality traits with entrepreneurial education

Uncovering dominant characteristics for entrepreneurial intention and success in the last decade: systematic literature review

The Impact of Psychological Factors on Women Entrepreneurial Inclination: Mediating Role of Self-Leadership

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