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Predictions of entrepreneurial behavior: A personality approach

Research output: Contributions to collected editions/works › Chapter › peer-review

Standard

Predictions of entrepreneurial behavior: A personality approach. / Rauch, Andreas.
Handbook of Research on Small Business and Entrepreneurship. ed. / Elizabeth Chell; Mine Karatas-Özkan. Edward Elgar Publishing, 2014. p. 165–184.

Research output: Contributions to collected editions/works › Chapter › peer-review

Harvard

Rauch, A 2014, Predictions of entrepreneurial behavior: A personality approach. in E Chell & M Karatas-Özkan (eds), Handbook of Research on Small Business and Entrepreneurship. Edward Elgar Publishing, pp. 165–184. https://doi.org/10.4337/9781849809245.00018

APA

Rauch, A. (2014). Predictions of entrepreneurial behavior: A personality approach. In E. Chell, & M. Karatas-Özkan (Eds.), Handbook of Research on Small Business and Entrepreneurship (pp. 165–184). Edward Elgar Publishing. https://doi.org/10.4337/9781849809245.00018

Vancouver

Rauch A. Predictions of entrepreneurial behavior: A personality approach. In Chell E, Karatas-Özkan M, editors, Handbook of Research on Small Business and Entrepreneurship. Edward Elgar Publishing. 2014. p. 165–184 doi: 10.4337/9781849809245.00018

Bibtex

@inbook{c766207094b441d38afe09704a4df3ba,
title = "Predictions of entrepreneurial behavior: A personality approach",
abstract = "The personality approach to entrepreneurship intends to show the relationship between personality traits and entrepreneurial behavior such as opportunity recognition, and outcomes such as business creation and business success. Studies in this tradition aimed to identify the most important personality characteristics and, moreover, aimed to understand the conditions under which these traits predict entrepreneurial behavior. Personality theory is one of the classical approaches to explain the activities of enterprising individuals. One reason for this interest is based on early economic theorizing about the role of entrepreneurship in economic growth. For example, Schumpeter (1935) explained economic growth by innovations that destroy equilibrium conditions. The agents of this creative destruction are entrepreneurs that are characterized by innovativeness, foresight, dominance and a desire to create a kingdom (Utsch, Rauch, Rothfuss, & Frese, 1999). Knight (1921) described entrepreneurship as decision-making under uncertainty. McClelland (1961) introduced achievement motivation theory in order to explain economic growth. And even more recent economic theorizing that stressed the role of market disequilibrium and knowledge asymmetries introduced the alertness construct to explain which people recognize business opportunities (Kirzner, 1997). This early interest in personality characteristics was also picked up in numerous books and articles in the popular press describing success stories of entrepreneurs such as Steve Jobs, Richard Branson, or Oprah Winfrey. Nevertheless, the scientific community has criticized the personality approach heavily during the eighties (Chell, 1985; Brockhaus & Horwitz, 1986; Gartner, 1988). Several issues have stimulated the critique.",
keywords = "Entrepreneurship",
author = "Andreas Rauch",
year = "2014",
month = jan,
day = "1",
doi = "10.4337/9781849809245.00018",
language = "English",
isbn = "9781849809238",
pages = "165–184",
editor = "Elizabeth Chell and Mine Karatas-{\"O}zkan",
booktitle = "Handbook of Research on Small Business and Entrepreneurship",
publisher = "Edward Elgar Publishing",
address = "United Kingdom",

}

RIS

TY - CHAP

T1 - Predictions of entrepreneurial behavior

T2 - A personality approach

AU - Rauch, Andreas

PY - 2014/1/1

Y1 - 2014/1/1

N2 - The personality approach to entrepreneurship intends to show the relationship between personality traits and entrepreneurial behavior such as opportunity recognition, and outcomes such as business creation and business success. Studies in this tradition aimed to identify the most important personality characteristics and, moreover, aimed to understand the conditions under which these traits predict entrepreneurial behavior. Personality theory is one of the classical approaches to explain the activities of enterprising individuals. One reason for this interest is based on early economic theorizing about the role of entrepreneurship in economic growth. For example, Schumpeter (1935) explained economic growth by innovations that destroy equilibrium conditions. The agents of this creative destruction are entrepreneurs that are characterized by innovativeness, foresight, dominance and a desire to create a kingdom (Utsch, Rauch, Rothfuss, & Frese, 1999). Knight (1921) described entrepreneurship as decision-making under uncertainty. McClelland (1961) introduced achievement motivation theory in order to explain economic growth. And even more recent economic theorizing that stressed the role of market disequilibrium and knowledge asymmetries introduced the alertness construct to explain which people recognize business opportunities (Kirzner, 1997). This early interest in personality characteristics was also picked up in numerous books and articles in the popular press describing success stories of entrepreneurs such as Steve Jobs, Richard Branson, or Oprah Winfrey. Nevertheless, the scientific community has criticized the personality approach heavily during the eighties (Chell, 1985; Brockhaus & Horwitz, 1986; Gartner, 1988). Several issues have stimulated the critique.

AB - The personality approach to entrepreneurship intends to show the relationship between personality traits and entrepreneurial behavior such as opportunity recognition, and outcomes such as business creation and business success. Studies in this tradition aimed to identify the most important personality characteristics and, moreover, aimed to understand the conditions under which these traits predict entrepreneurial behavior. Personality theory is one of the classical approaches to explain the activities of enterprising individuals. One reason for this interest is based on early economic theorizing about the role of entrepreneurship in economic growth. For example, Schumpeter (1935) explained economic growth by innovations that destroy equilibrium conditions. The agents of this creative destruction are entrepreneurs that are characterized by innovativeness, foresight, dominance and a desire to create a kingdom (Utsch, Rauch, Rothfuss, & Frese, 1999). Knight (1921) described entrepreneurship as decision-making under uncertainty. McClelland (1961) introduced achievement motivation theory in order to explain economic growth. And even more recent economic theorizing that stressed the role of market disequilibrium and knowledge asymmetries introduced the alertness construct to explain which people recognize business opportunities (Kirzner, 1997). This early interest in personality characteristics was also picked up in numerous books and articles in the popular press describing success stories of entrepreneurs such as Steve Jobs, Richard Branson, or Oprah Winfrey. Nevertheless, the scientific community has criticized the personality approach heavily during the eighties (Chell, 1985; Brockhaus & Horwitz, 1986; Gartner, 1988). Several issues have stimulated the critique.

KW - Entrepreneurship

UR - http://www.scopus.com/inward/record.url?scp=84957451303&partnerID=8YFLogxK

U2 - 10.4337/9781849809245.00018

DO - 10.4337/9781849809245.00018

M3 - Chapter

SN - 9781849809238

SP - 165

EP - 184

BT - Handbook of Research on Small Business and Entrepreneurship

A2 - Chell, Elizabeth

A2 - Karatas-Özkan, Mine

PB - Edward Elgar Publishing

ER -

Other publications by the same author(s)

Biology (prenatal testosterone), psychology (achievement need) and entrepreneurial impact

Unger, J., Rauch, A. J., Weis, S. E. & Frese, M., 01.12.2015, In: Journal of Business Venturing Insights. 4, p. 1-5 5 p.

Research output: Journal contributions › Journal articles › Research › peer-review

Entrepreneurship

Gielnik, M. M., Frese, M. & Rauch, A., 01.2017, The Sage encyclopedia of Industrial and Organizational Psychology. Rogelberg, S. G. (ed.). 2 ed. Thousand Oaks, CA: SAGE Publications Inc., p. 409-410 2 p.

Research output: Contributions to collected editions/works › Contributions to collected editions/anthologies › Research › peer-review

Informal Learning and Entrepreneurial Success: A Longitudinal Study of Deliberate Practice Among Small Business Owners

Keith, N., Unger, J. M., Rauch, A. J. & Frese, M., 01.07.2016, In: Applied Psychology. 65, 3, p. 515-540 26 p.

Research output: Journal contributions › Journal articles › Research › peer-review

The effectiveness of cohesive and diversified networks: A meta-analysis

Rauch, A. J., Rosenbusch, N., Unger, J. & Frese, M., 01.02.2016, In: Journal of Business Research. 69, 2, p. 554–568 15 p.

Research output: Journal contributions › Journal articles › Research › peer-review

A qualitative approach to evidence-based entrepreneurship: Theoretical considerations and an example involving business clusters

Rauch, A., van Doorn, R. & Hulsink, W., 03.2014, In: Entrepreneurship Theory and Practice. 38, 2, p. 333-368 36 p.

Research output: Journal contributions › Journal articles › Research › peer-review

DOI

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