| Literature DB >> 32581939 |
Hongyi Sun1, Wenbin Ni2, Pei-Lee Teh3, Carol Lo4.
Abstract
The impact of personal characteristics on entrepreneurial intention is a classic topic in the field of entrepreneurship research. Previous research mostly used simple linear models, leading to a gap in the study on the interrelationship among personal characteristics and their systematic influence on entrepreneurial intention. This study investigates the interrelationship among the four specific entrepreneurial characteristics (i.e., need for achievement, locus of control, risk-taking propensity, and creativity) and their systematic influence on the entrepreneurial intention of engineering students. The research data is from 210 engineering students via a survey. Logistic regression and path analysis were used for data analysis. The findings suggest that creativity and risk-taking directly influence entrepreneurial intention while the need for achievement and the locus of control influence it indirectly. Implications for entrepreneurship education are finally discussed.Entities:
Keywords: creativity; entrepreneurial intention; entrepreneurship education; locus of control; need for achievement; personal characteristics; risk-taking propensity
Year: 2020 PMID: 32581939 PMCID: PMC7283955 DOI: 10.3389/fpsyg.2020.01072
Source DB: PubMed Journal: Front Psychol ISSN: 1664-1078
Empirical studies on entrepreneurship testing the personal characteristics.
| 1 | v+ | v+ | v+ | 25 pairs of champions and no-champions of technological creativity | |||
| 2 | v | v+ | 190 secondary school and college students | ANOVA | |||
| 3 | v+ | v+ | v+ | v+ | 262 business owners-managers and other occupation groups: teachers, nurses, civil servants, clerical trainees and lectures and trainers. | ||
| 4 | v+ | v+ | v+ | Totally 189 subjects: 49 businessmen, 22 students started own businesses, 50 white-collar non-managers, 68 psychology students | MANOVA, ANOVA | ||
| 5 | v+ | v+ | v+ | 54 entrepreneurs and 57 non-entrepreneurs (white-collar non-managers | MANOVA | ||
| 6 | v | v+ | v | v+ | 194 managers | ANOVA | |
| 7 | v+ | v+ | v+ | v+ | 194 managers, 73 entrepreneurs and 661 undergraduates | ||
| 8 | v | v+ | v+ | v+ | 158 B Acc. Graduates | ||
| 9 | v+ | Entrepreneurs ( | |||||
| 10 | v+ | v | Female entrepreneurs | Cluster analysis | |||
| 11 | v | 35 entrepreneurs, 57 non-entrepreneurs | ANOVA | ||||
| 12 | v+ | v+ | 99 junior and middle managers of state enterprises and 108 first-generation small business founders | ||||
| 13 | v | v+ | v | v+ | 54 MBA students | ||
| 14 | v+ | v+ | v+ | 767 owner-managers of small business and corporate managers. | Multinomial logit regression | ||
| 15 | v+ | v | v+ | 100 business founders and 58 non-founders | ANOVA, Logistic regression | ||
| 16 | v+ | v+ | experimental groups ( | ||||
| 17 | v+ | v+ | v+ | Entrepreneurs ( | |||
| 18 | v+ | v+ | 233 SME managers | Regression analysis, Spearman correlation | |||
| 19 | v+ | Entrepreneurs and managers | Meta-analysis | ||||
| 20 | v+ | v+ | v+ | v+ | 400 university students | ||
| 21 | v+ | v | v | v+ | 875 secondary school students | Regression analysis | |
| v+ | v+ | v+ | v | 837 university students | |||
| v | v+ | v | v | 1,169 potential business founders | |||
| v | v+ | v | v | 754 successful business founders | |||
| Count (v +) | 14 | 15 | 11 | 13 |
FIGURE 1The conceptual model and hypotheses. LOC, locus of control; NACH, Need for achievement; RT, Risk-taking; CA, Creativity; EINT, Entrepreneurial intention.
Effect of demographic factors.
| Age | 0.410 | 3 | 0.938 |
| Gender | 0.303 | 1 | 0.582 |
| Education Level | 1.389 | 2 | 0.499 |
| Work Experience | 0.705 | 2 | 0.703 |
| Average Academic Performance | 1.365 | 2 | 0.505 |
Differences of the four characteristics between the two subgroups.
| NACH | 5.45 | 1.11 | 5.04 | 1.29 | 112 | −2.854 | 0.005 |
| RT | 4.86 | 1.16 | 3.74 | 1.30 | 141 | −8.369 | 0.000 |
| LOC | 5.29 | 1.15 | 4.78 | 1.26 | 141 | −3.473 | 0.001 |
| CA | 5.25 | 1.07 | 4.72 | 1.36 | 141 | −4.083 | 0.000 |
Direct relationship between the personal characters and intention (H1–H4)*.
Relationship among the four personal characteristics (H5–H10).
FIGURE 2Influence of the personal characteristics on entrepreneurial intention. LOC, locus of control; NACH, Need for achievement; RT, Risk-taking; CA, Creativity; EINT, Entrepreneurial intention.
| (0.72) | NA1 | My aim in life is to make a long record of successful achievements. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.65) | NA2 | I like to do my best in whatever work I undertake. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.85) | NA3 | I frequently desire to do something of great significance. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.79) | NA4 | I often desire to be successful in doing something very significant. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.64) | NA5 | For pleasure and happiness one must enrich the record of one’s achievements. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | NA6 | I have a great need for performance feedback. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | NA7 | I am happiest when I am successful in my work. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | NA8 | Achievements motivate me more than anything else. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | RT1 | I will sometimes stretch out on a limb to get the things I want. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | RT2 | I would enjoy bluffing my way into an exclusive club or private party. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.73) | RT3 | If the possible award was very high, I would not be hesitating putting my money into a new business that could fail. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.78) | RT4 | People have told me that I seem to enjoy taking chances. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.72) | RT5 | The thought of investing in stock excites me. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.77) | RT6 | I enjoy taking risks. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.74) | RT7 | Taking risks does not bother me if the gains involved are high | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.63) | RT8 | I would enjoy the challenge of a project that could mean either a promotion or loss of a job | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.80) | LC1 | Whether or not I get to be a leader depends mostly on my ability. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | LC2 | Whether or not I get into a car accident depends mostly on how good a driver I am. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | LC3 | When I make plans, I am almost certain to make them work. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | LC4 | How many friends I have depends on how nice a person I am. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | LC5 | I can pretty much determine what will happen in my life. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.54) | LC6 | I am usually able to protect my personal interest. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.84) | LC7 | When I get what I want, it is usually because I work hard for it. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.69) | LC8 | My life is determined by my own action. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | CA1 | I prefer work that requires original thinking. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.73) | CA 2 | I am always seeking new ways to look at things. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | CA 3 | Original ideas have occurred to me at almost any time of the day. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | CA 4 | I enjoy thinking of original plans on which to work. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.54) | CA 5 | I often surprise people with my novel ideas. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| deleted | CA 6 | People often ask me for help in creative activities. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.77) | CA 7 | I hope to develop new techniques in my field of work. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| (0.77) | CA 8 | I like to experiment with various ways of doing the same thing. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |