Unlocking the Influence of Personality Traits and Culture on Entrepreneurial Intention: Evidence from a Transition Economy

Ta Huy Hung (), Phuong Mai Nguyen (), Thi-Minh-Ngoc Luu () and Dinh Van Toan ()
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Ta Huy Hung: International School, Vietnam National University Hanoi, VIETNAM
Phuong Mai Nguyen: International School, Vietnam National University Hanoi, VIETNAM
Thi-Minh-Ngoc Luu: International School, Vietnam National University Hanoi, VIETNAM
Dinh Van Toan: VNU Center for Education Accreditation, VIETNAM

Foundations of Management, 2025, vol. 17, issue 1, 71-84

Abstract: This study examines the influence of personality traits and culture on entrepreneurial intention in the context of Vietnam, a transition economy. An integrated research framework was built that consisted of two dominant personality traits, including the need for achievement and entrepreneurial alertness, and three cultural dimensions based on the Appropriateness, Consistency, and Effectiveness (ACE) model. A self-administered survey was employed to collect data from 945 students from the three biggest cities of Vietnam. Structural equation modeling (SEM) analysis was adopted to examine the influence of personality traits and culture on entrepreneurial intention. Furthermore, a multi-group analysis was performed to test the moderating effect of gender on the entrepreneurial intention model. This study found that cultural dimensions had a stronger impact on entrepreneurial intention than personality traits, except for entrepreneurial alertness. Male students were slightly more influenced by perceived appropriateness and perceived effectiveness than female ones when forming their entrepreneurial intention.

Keywords: Need for achievement; Entrepreneurial alertness; Entrepreneurial intention; ACE model; Vietnam (search for similar items in EconPapers)
JEL-codes: D7 D8 M13 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:founma:v:17:y:2025:i:1:p:71-84:n:1005

DOI: 10.2478/fman-2025-0005

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