scholarly journals Risk attitudes and personality traits of entrepreneurs and venture team members

2019 ◽  
Vol 116 (36) ◽  
pp. 17712-17716 ◽  
Author(s):  
Sari Pekkala Kerr ◽  
William R. Kerr ◽  
Margaret Dalton

Personality distinctions between entrepreneurs, nonfounder CEOs/leaders, and inventor employees have received limited attention, especially in innovative settings where they are working together. We surveyed these groups, along with other employees of innovative firms, at 4 locations of a prominent innovation and coworking center. Entrepreneurs display the greatest tolerance of risk, even in small gambles, as well as the strongest self-efficacy, internal locus of control, and need for achievement. Nonfounder CEOs/leaders typically sit in between entrepreneurs and employees for personality traits. Entrepreneurs, nonfounder CEOs/leaders, and inventor employees all show more innovative personalities than the noninventor employees in the same companies.

1996 ◽  
Vol 04 (01) ◽  
pp. 37-55 ◽  
Author(s):  
NERILEE HING

This article explores the notion that different types of entrepreneurs exist, distinguishable not only by the types of business activities undertaken, but also by certain personality traits they possess. Selected personality traits of franchised entrepreneurs are compared to those of independent entrepreneurs using empirical data from 127 franchised owner-managers from ten restaurant franchises. The study findings suggest that, while high need for achievement motivates entrepreneurial endeavours of various types, the distinctive conditions of franchising mean that franchisees neither possess, nor require, such high degrees of internal locus of control and ambiguity tolerance as do independent entrepreneurs.


2019 ◽  
Vol 6 (2) ◽  
Author(s):  
Niqo Ahmad

Penelitian ini dilakukan untuk mengukur pengaruh need for achievement, need for autonomy, entrepreneurial self-efficacy, internal locus of control, external locus of control, risk taking propensity, dan gender terhadap intensi berwirausaha siswa SMK Negeri 20 Jakarta. Sampel dalam penelitian ini adalah siswa SMKN 20 Jakarta sebanyak 233 siswa. Jenis pengambilan sampel dalam penelitian ini adalah probability sampling dengan teknik proportionate stratified random sampling. Analisis data yang digunakan adalah analisis regresi berganda pada taraf signifikansi 0,05. Hasil penelitian menunjukkan bahwa ada pengaruh yang signifikan need for achivement, need for autonomy, entrepreneurial self-efficacy, internal locus of control, external locus of control, risk taking propensity, dan gender terhadap intensi berwirausaha siswa SMKN 20 Jakarta. Proporsi varians dari intensi berwirausaha yang dijelaskan variabel independen yang digunakan adalah sebesar 22.6%, sedangkan 77.4% sisanya dipengaruhi oleh variabel lain di luar penelitian ini. Hasil uji hipotesis minor menunjukkan bahwa need for autonomy, entrepreneurial self-efficacy, dan internal locus of control memiliki pengaruh yang signifikan terhadap intensi berwirausaha. Sementara itu, variabel need for achievement, external locus of control, risk taking propensity, dan gender tidak memiliki pengaruh signifikan terhadap intensi berwirausaha.


2020 ◽  
Vol 6 (2) ◽  
pp. 31-49
Author(s):  
Sibylle Georgianna ◽  
◽  
Jennifer Jagerson ◽  

Objective The current study examined the impact of a non-governmental organization’s academic tutoring and mentoring program on the social-emotional learning (SEL) and subjective well-being of 240 marginalized young women. Participants One-hundred-fifty-nine currently enrolled 7-12th grade students with a mean age of 16.39, SD=1.55; 40 students who were enrolled in college with a mean age of 20.25, SD=1.57, and 25 who had graduated from college with a mean age of 22.48, SD=2.16 and their leaders participated. Methods All participants completed in a survey that assessed the degree of participants’ locus of control, expectations of success (self-efficacy), current goals and career-related aspirations and their satisfaction with their relationships and life in general. Twenty-one of the participants and all leaders also were interviewed. Results Regression analyses revealed that both the participants’ self-management and the leader’s locus of control were significant predictors of the participants’ internal locus of control. Congruent with interview findings, latent structural equation analysis revealed that three manifest variables of social-emotional learning, “self-management”, “social awareness”, and “self-efficacy” had direct positive effects on participants’ subjective well-being (i.e., their satisfaction with life and relationships). Conclusion Culturally sensitive approaches to mentoring and training are needed and helpful. Future research should be carried out to mitigate design limitations and further the current study’s addition to the body of research on social-emotional learning and well-being.


2017 ◽  
Vol 13 (1) ◽  
pp. 68
Author(s):  
Noormalita Primandaru

Abstrak: Analisis Faktor-Faktor yang Berpengaruh pada Minat Berwirausaha Mahasiswa. Salah satu alternatif untuk memecahkan masalah pengangguran adalah dengan memberdayakan kelompok terdidik melalui program kewirausahaan di perguruan tinggi yang diharapkan mampu berkontribusi dalam penyerapan tenaga kerja sehingga mengurangi pengangguran dan beban negara. Penelitian ini menguji model yang bertujuan untuk mengetahui pengaruh internal locus of control, social support dan need for achievement terhadap minat berwirausaha pada mahasiswa. Penelitian ini termasuk dalam kategori penelitian cross-sectional. Hasil penelitian menunjukkan bahwa terdapat pengaruh internal locus of control dan social support pada minat berwirausaha mahasiswa, terdapat pengaruh internal locus of control terhadap need for achievement mahasiswa, tidak terdapat pengaruh social support pada need for achievement dan yang terakhir terdapat pengaruh need for achievement terhadap minat berwirausaha mahasiswa. Kata kunci: internal locus of control, social support, need for achievement, entrepreneurial intention Abstract: The Factors Affecting the Entrepreneurial Intention of College Students. The alternative to solve an unemployment problem is to empower the educated person through entrepreneurship programs at colleges that are expected to contribute to employment, thereby reducing unemployment and the burden on the state. This study tested a model that aims to determine the influence of internal locus of control, social support and the need for achievement against in entrepreneurial intention of the student. This study was a cross-sectional. The results show a significant relationship between internal locus of control and social support to the entrepreneurial intention of students. There is a significant relationship between internal locus of control and the need for achievement of students. There is an insignificant relationship between social support and the need for achievement and the last there is a significant relationship between need for achievement and entrepreneurial intention of students. Keywords: internal locus of control, social support, need for achievement, entrepreneurial intention


2018 ◽  
Vol 10 (2) ◽  
pp. 1292-1304
Author(s):  
Jessie Ho ◽  
Paul L Nesbit

The purpose of this study is to examine the relationship between personality traits (conscientiousness and internal locus of control) and self-leadership. Specifically, we tested a moderated mediation model with self-leadership as the mediator between personality traits and job performance and job satisfaction and with gender as the moderator in influencing the mediations. Data were collected from a variety of organizations from 341 supervisor-subordinate dyads located in China and Hong Kong. Our analyses revealed that: (1) conscientiousness and internal locus of control were positively related to self-leadership in Chinese contexts; (2) self-leadership mediated the relationships of conscientiousness and internal locus of control with both job performance and job satisfaction; and (3) the mediating effects of self-leadership were not moderated by gender.  


2020 ◽  
Vol 21 (6) ◽  
Author(s):  
KELMARA M. VIEIRA ◽  
VANESSA M. VALCANOVER ◽  
ANI C. G. POTRICH ◽  
EVERTON A. CAVALHEIRO

ABSTRACT Purpose: This research seeks to identify how entrepreneurs’ personality traits can influence the capital structure of micro and small private businesses in Brazil, which are important for the economic growth and the subsistence of their owners. Originality/value: The study of the behavioral dimension of business decisions can help financial agents to better understand client behavior, including the adoption of mechanisms that identify possible risky or inefficient decisions made by managers based on their personality traits. It can also assist the government and institutions supporting micro and small private businesses in developing strategies to reduce the mortality of such companies. Design/methodology/approach: The proposed model involves 19 expected relationships that evaluate the relationships between the optimism, risk tolerance, sense of control (external and internal), attitude towards debt, and entrepreneur gender constructs. The sample includes 625 micro and small entrepreneurs in the state of Rio Grande do Sul, Brazil. Confirmatory factor analysis and structural equation modeling were performed. Findings: Results showed that attitude towards debt and gender were the most significant constructs and had a direct influence on the capital structure, while optimism and internal locus of control exerted a negative indirect influence, while risk tolerance had a positive indirect effect. Female managers demonstrated higher optimism and internal locus of control than male managers, but they had a worse attitude towards debt.


2021 ◽  
Vol 5 (2) ◽  
pp. 197-207
Author(s):  
Citra Dhistia Murti ◽  
Evy Rahman Utami

Latar Belakang:Penelitian ini dilatarbelakangi oleh data yang menunjukkan adanya persaingan antara Badan Kredit Desa (BKD) dengan bank umum lainnya yang dapat mempengaruhi kinerja karyawan, sehingga peneliti tertarik untuk melakukan penelitian ini.Tujuan:Penelitian ini bertujuan untuk menguji pengaruh motivasi kerja, self efficacy, dan internal locus of control terhadap kinerja karyawan BKD.Metode Penelitian:Penelitian ini menggunakan metode survey dengan menyebar 132 kuesioner kepada karyawan BKD. Teknik pengambilan sampel menggunakan metode purposive sampling. Teknik analisis data menggunakan regresi linear berganda dengan aplikasi SPSS versi 2.0.Hasil Penelitian:Hasil penelitian menunjukkan bahwa motivasi kerja berpengaruh positif terhadap kinerja karyawan, self efficacy dan internal locus of control tidak berpengaruh terhadap kinerja karyawan.Keterbatasan Penelitian:Penelitian ini hanya menggunakan data kuesioner, tanpa menggunakan wawancara sehingga hasil yang diperoleh kurang optimal.Keaslian/Novetly Penelitian:Penelitian ini menambah variabel independen motivasi kerja dan menggunakan objek penelitian yaitu Badan Kredit Desa. Variabel motivasi kerja ditambah karena hasil motivasi kerja sebelumnya belum konsisten.


2017 ◽  
Vol 9 (3) ◽  
pp. 347
Author(s):  
María José Fínez Silva ◽  
Consuelo Morán Astorga

RESUMENLa resiliencia es la habilidad para adaptarse a los acontecimientos adversos, superarlos y ser capaz de lograr un progreso exitoso a pesar de haber vivido esa situación traumática. Las autovaloraciones esenciales son un amplio factor de la personalidad, de orden superior, compuesto por cuatro rasgos: autoestima, autoeficacia, lugar de control interno y neuroticismo. En este trabajo nos planteamos como objetivo principal conocer si existe relación entre la resiliencia y el amplio factor de personalidad autovaloraciones esenciales; también nos planteamos averiguar si hay diferencias por sexo y por edad. Participaron en el estudio 620 estudiantes de bachillerato y universitarios (50% varones) de León y de Salamanca (España). Los instrumentos de medida fueron la Escala de Ego-Resiliencia y la Escala de Autovaloraciones Esenciales (CSES). Los resultados indican que los estudiantes con puntuaciones más elevadas en la escala de resiliencia también obtienen mejores puntuaciones en autovaloraciones esenciales. También se hallaron diferencias estadísticamente significativas en función del sexo: los varones obtienen más altas puntuaciones en resiliencia y en autovaloraciones esenciales. Las diferencias por edad indican que los más jóvenes obtienen las más altas puntuaciones en autovaloraciones esenciales. Podemos concluir que los jóvenes más resilientes son aquellos con mayor equilibrio emocional, más sana autoestima, tienen lugar de control interno y expectativas de autoeficacia más elevadas. Y los varones jóvenes poseen estas cualidades en mayor medida que las mujeres.ABSTRACTResilience is the ability to adapt at adverse events, overcome them and be able to achieve successful progress despite having lived that harmful situation. Core self-evaluations are a broad, higher-order personality factor composed of four personality traits: self-esteem, self-efficacy, internal locus of control and neuroticism. In this paper, we aim to know if there is a relationship between resilience and the broad personality factor called core self-evaluations, we also consider whether there are differences by sex and age. Participants were 620 students and scholars (50% male) from León and Salamanca (Spain). The measures were the Ego-Resilience Scale and the Core Self-Evaluations Scale (CSES). The results indicate that students with higher scores on the resilience scale also score higher on core self-evaluations. We found differences statistically significant by sex: men obtained higher scores on resilience and core self-evaluations. Younger students take the highest scores on core self-evaluations. We can concluded that the most resilient young people are those with greater emotional stability, healthier self-esteem, have internal locus of control and higher self-efficacy. In addition, young men have these qualities largely than women.


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