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Resilient entrepreneurs? — revisiting the relationship between the Big Five and self-employment

Dados Bibliográficos

ID14869737
AutoresPetrik Runst (0000-0003-2483-9081, Institute for Small Business Economics, autor correspondente), Jörg Thomä (0000-0002-0300-1776, Institute for Small Business Economics)
Ano2023
Volume61
Fascículo1
Páginas417-443
Data de publicação2023-06-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoSmall Business Economics (JOURNAL)
Identificadores do periódicoISSN: 0921-898X • E-ISSN: 1573-0913
EditoraSpringer Science and Business Media LLC (PUBLISHER)
DOI10.1007/s11187-022-00686-7
PMID38625227
OpenAlexW4297492406
IdiomaEN
Citações recebidas5
Referências citadas46

The Big Five personality traits and their influence on entrepreneurial action have been repeatedly studied using a trait-based approach. The present paper partly deviates from this perspective by analysing the role of personality prototypes in relation to entrepreneurship. This person-centred approach suggests that combinations of Big Five traits form individual personalities. By using data from the German Socio-Economic Panel (SOEP), we show that at least three prototypes can be identified, one of which — the resilient type — can be hypothesized to significantly increase the likelihood of entrepreneurial action. Our regression results provide evidence of a positive impact of this prototype on the likelihood of and transitioning into self-employment but not the likelihood of exit. We also show that the prototyping approach explains individual self-employment decisions over and above what can already be explained by the profiling approach, another person-centred Big Five approach. The paper concludes with implications for policy and research

Action (physics · Big Five personality traits · Econometrics · Economics · Entrepreneurship · German · Personality · Personality psychology · Perspective (graphical · Profiling (computer programming · Self-employment · Trait · Computer Science · Entrepreneurship Studies and Influences · Family Business Performance and Succession · Firm Innovation and Growth · Psychology · Social Psychology · Artificial Intelligence

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Obras citantes distintas5
Citações por ano2,5
Intervalo de citações2024 - 2025 (2)
Velocidade de citaçãorecent
Altamente citadoNão
Tipos de citaçãoNeutras: 5
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