ENTREPRENEUR'S PERSONALITY, EDUCATION AND VENTURE EFFECTIVENESS: PERCEPTIONS OF PALESTINIAN ENTREPRENEURS

Dean Elmuti (), Grace Khoury and Bassam Abdul-Rahim
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Dean Elmuti: School of Business, Lumpkin College of Business and Applied Sciences, Eastern Illinois University, 600 Lincoln Avenue, Charleston, Illinois 61920, USA
Grace Khoury: Birzeit University, College of Commerce and Economics, Ramallah, Palestine
Bassam Abdul-Rahim: Department of Business Administration (BUSA), College of Business and Economics (CBE), United Arab Emirates University (UAEU), PO Box 17555, Al-Ain, UAE

Journal of Developmental Entrepreneurship (JDE), 2011, vol. 16, issue 02, 251-268

Abstract: Two hundred and eighty five entrepreneurs, prospective entrepreneurs and the lay public in the West Bank, Palestine, were surveyed to determine their motivations for business ownership, the factors contributing to their success and the challenges they faced. Based on survey responses, the personality variable has been found to be a major determinant of success in an economically disadvantaged, politically unstable and culturally traditional environment as exists in the Palestinian Society. The public attitudes have a tremendous impact on how Palestinian entrepreneurs view themselves and their role in the community. More weight was assigned to internal or subjective factors (personality characteristics and social competence) than to external or objective factors (economic, political) in the achievement of business success. The results have very significant implications for the design and implementation of training courses for both prospective and operating entrepreneurs in Palestine and possibly elsewhere in the world.

Keywords: Entrepreneur's personality; social competence; skills; ventures effectiveness (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (3)

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DOI: 10.1142/S1084946711001823

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