Personality Traits and Risk Propensity of Entrepreneurs and Managers in the Western Amazon

Abstract

Entrepreneurs are identified by a set of personality traits that link them to the creation of organizations. Managers are also identified by their behavior. This research aims to identify as relationships of personality traits and risk propensity between entrepreneurs and managers in the western Amazon. The techniques adopted were partial least squares structural equation modeling (PLS-PM) and T-test for independent samples, based on data collected through the Big Five model IGPF-5 scale and the Risk Propensity Scale (RPS). It can be stated that there is a statistical difference in personality traits and risk propensity between entrepreneurs and managers. It was also found that two of the five personality traits of the Big Five model are predictors of Risk Propensity, being Extraversion and Conscientiousness. This research has theoretical contribution in determining which personality traits and characteristics attributed to entrepreneurs and managers are most relevant, solving gaps pointed out by previous studies.