-The Journal of Entrepreneurship
Why do some
individuals willingly risk their finances, careers, reputations, and personal relationships
to pursue their own business ventures on a full-time basis? Who are these
individuals and how do they differ from individuals who choose not to engage in
these activities? In this study, we refer to them as proactive entrepreneurs and
we attempt to identify the unique personal characteristics they possess when
compared to non-entrepreneurs.
Entrepreneurs are
progressive, dynamic and they represent critical sparkplugs for economic
vibrancy (Zachary & Mishra, 2011). They are presumed to possess a unique set of
beliefs, attitudes and personal characteristics, which act as motivators for
enterprise development (cf. Baron, Franklin, & Hmieleski,
2013; Rogers, Viding, &
Chamorro-Premuzic, 2013; Wong & Carducci, 2016). However, despite the significant and
impressive body of literature dedicated to this issue, findings between studies
related to uniqueness in the psychology of entrepreneurs are often inconsistent
and frequently yield weak, non-existent or non-replicable results (cf. Murnieks,
Mosakowski, & Cardon, 2014). The root of inconsistencies may be linked
to the differing motivations for, and the many different expressions of
entrepreneurship. These differences can make successfully isolating any
generalisable uniqueness of the broad spectrum of entrepreneurs, challenging.
We believe that dividing entrepreneurs into subcategories based on their motivation for and type of engagement offers the potential to identify common personal characteristics that are consistently replicable within each subcategory. Since entrepreneurs are considered vital to vibrant economies, extending the understanding of their unique characteristics is fundamentally important to organisations, such as governmental agencies and educational institutions, that are interested in supporting their endeavours.
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