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Notes 1

This document discusses personality traits related to entrepreneurship. It covers two methods for analyzing these traits: 1) examining how personality relates to entrepreneurial intent, abilities, and investment; and 2) using longitudinal datasets to determine if personality predicts future business founding. The objectives are to identify traits associated with entrepreneurial entry and exit, analyze findings to develop theoretical constructs, and illustrate the interconnected factors influencing entrepreneurial performance.

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402 views12 pages

Notes 1

This document discusses personality traits related to entrepreneurship. It covers two methods for analyzing these traits: 1) examining how personality relates to entrepreneurial intent, abilities, and investment; and 2) using longitudinal datasets to determine if personality predicts future business founding. The objectives are to identify traits associated with entrepreneurial entry and exit, analyze findings to develop theoretical constructs, and illustrate the interconnected factors influencing entrepreneurial performance.

Uploaded by

beka19179
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Module 5

Personality Traits,
Intention and Entry-
Exit Decisions
Overview:
1st method: researchers analyzed the personality in relation to their
present entrepreneurial intent, perceived learning, perceived abilities, and
personal investment

2nd method: use of national longitudinal datasets from the German


Socioeconomic Panel (GSOEP) to find out whether measured
personality traits on large-scale surveys predicted later business
founding
Objectives:

After the discussion, students should be able to:

• Identify personality • Analyse the findings • Construct and


traits that are and formulate schematic diagram and
associated with theoretical constructs demonstrate the
entrepreneurial entry of entrepreneurial complex interconnected
and exit based on intentions and process of individual,
cross-sectional, meta- personality traits environmental, and
analytic, and useful for future personality that
longitudinal studies research; and influence
entrepreneurship
performance and
success.

Presentation title 3
Personality Traits
Traits are building blocks of personality. So what is a
trait? It’s a relatively stable way of thinking and
behaving that can be used to describe a person and
compare and contrast that person with others.

https://www.psychologytoday.com/us/basics/personality/personality-traits
Entrepreneurial Intentions
This represents the individual and/or of a group of people's intentions to create a
new business/idea. Such an intention is a conscious mental state that precedes the
action and directs attention towards the goal of establishing a new business.

Thinking about entrepreneurial activities and especially whether people have a


positive attitude or a strong intention to become
entrepreneurs. Entrepreneurial intention indicates the effort that the person will
make to carry out that entrepreneurial behavior.

Entrepreneurial intentions may be defined as a position to owning a business or


becoming self-employed. Entrepreneurial intentions are also considered as
personal orientations which might lead to venture creations.
https://www.igi-global.com/dictionary/the-influence-of-the-local-ecosystem-on-entrepreneurial-intentions/51031
Entrepreneurial Entry and Exit Decisions
This represents the individual and/or of a group of people's intentions to create a
new business/idea. Such an intention is a conscious mental state that precedes the
action and directs attention towards the goal of establishing a new business.

Thinking about entrepreneurial activities and especially whether people have a


positive attitude or a strong intention to become
entrepreneurs. Entrepreneurial intention indicates the effort that the person will
make to carry out that entrepreneurial behavior.

Entrepreneurial intentions may be defined as a position to owning a business or


becoming self-employed. Entrepreneurial intentions are also considered as
personal orientations which might lead to venture creations.
https://www.igi-global.com/dictionary/the-influence-of-the-local-ecosystem-on-entrepreneurial-intentions/51031
Cross-Sectional Studies and Meta-Analyses
Table 6.
Big Five
and
other
Traits
and
Entrepre
neurial
Intention
Table 7.
Big Five
and other
Longitudinal Studies
Traits:
Entry,
Exit, and
Growth
and
Success
Table 8. Growth and Success as an Entrepreneur
Big Five
and
other
Traits
versus
Survival
,
Growth
and
Success
Moderating Traits and Environmental Factors
Discussion: In five sentences, answer the
following questions: (20 points each)

1. Which entrepreneurial trait is notably


linked to firm’s performance growth,
entrepreneurial intention,
entrepreneurial entry, and
Assignment: entrepreneurial career? Explain.

2. Research shows that openness to


experience, extraversion, and need for
achievement positively correlates to
Submission is on entrepreneurial career and
April 28, 2023. entrepreneurial entry. Explain.
Assessment 5 pts 4 pts 3 pts 2 pts 1 pt
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and a appropriate appropriate planned
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uses clear uses clear
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contains follows a shows contains does not
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varies sentence mostly correct sentence awkward and apparent
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word choices. structure. word choices. sentences. sentence
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appears content contains contains a lot lacks relevant
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n presentation of few mistakes message is message is a distorted
the text and is easy to understandable only message due to
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