Economics at your fingertips  

Personal factors, entrepreneurial intention, and entrepreneurial status: A multinational study in three institutional environments

Christopher Schlaegel (), Robert L. Engle (), Nicole Franziska Richter () and Pia Christin Taureck ()
Additional contact information
Christopher Schlaegel: University of Groningen
Robert L. Engle: Quinnipiac University
Nicole Franziska Richter: University of Southern Denmark
Pia Christin Taureck: Petromax GmbH

Journal of International Entrepreneurship, 2021, vol. 19, issue 3, No 3, 357-398

Abstract: Abstract Based on the person-entrepreneurship fit perspective, this study examines the role of personal factors, including broad personality traits (openness, extraversion, emotional stability, and conscientiousness), narrow traits (risk-taking propensity, innovativeness, and proactiveness), and personal ability (emotional intelligence) for entrepreneurial intention and status. In this study, two samples are used with entrepreneurial intentions being analyzed among university business students and entrepreneurial status being analyzed by surveying entrepreneurs versus employees. We analyze findings in three different institutional environments (Germany, Russia, and the USA) to also identify potential effects stemming from country context. Therefore, this study offers findings for a (i) comprehensive set of personal factors on (ii) different outcomes in the entrepreneurial process in (iii) different countries. The results suggest that the role of broad personality traits for entrepreneurial outcomes is highly contextual. Also, the role of narrow traits shows some contextuality for which further theorizing is promoted—for instance, while risk-taking propensity seems to be a trait of relevance in all contexts, innovativeness and proactiveness are of different relevance in the different institutional environments. Moreover, the narrow traits that impact entrepreneurial intention and status differ considerably—for instance, innovation is of special relevance for entrepreneurial status, but less important for entrepreneurial intentions. Hence, this study contributes to our understanding not only of individual personal factors contributing to entrepreneurial intention and status but also to understanding which factors overlap for individuals who intend to start a new business and those that do so.

Keywords: Broad personality traits; Narrow personality traits; Emotional intelligence; Entrepreneurial intention; Entrepreneurial status; Comparative study; Person-entrepreneurship fit (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.springer. ... ip/journal/10843/PS2

DOI: 10.1007/s10843-021-00287-7

Access Statistics for this article

Journal of International Entrepreneurship is currently edited by Hamid Etemad

More articles in Journal of International Entrepreneurship from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

Page updated 2022-10-08
Handle: RePEc:kap:jinten:v:19:y:2021:i:3:d:10.1007_s10843-021-00287-7