Entrepreneurship: What matters most

•The key personality items linked with entrepreneurship are knowledge of the business, initiative and open-minded person.•Education and training in business is a key aspect of entrepreneurship.•Family environment positively influences entrepreneurship.•Creativity, initiative, risk taking and efficie...

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Bibliographic Details
Published in:Journal of business research 2022-05, Vol.144, p.250-263
Main Authors: Rosado-Cubero, Ana, Freire-Rubio, Teresa, Hernández, Adolfo
Format: Article
Language:English
Subjects:
Discriminant analysis
Entrepreneurship personality
Gender
High education
Skills
Start-ups
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Summary:•The key personality items linked with entrepreneurship are knowledge of the business, initiative and open-minded person.•Education and training in business is a key aspect of entrepreneurship.•Family environment positively influences entrepreneurship.•Creativity, initiative, risk taking and efficiency management are important to become an entrepreneur.•ESIC’s students agree to learn entrepreneurial skills at University. This paper presents the results of a study about particular personality traits that entrepreneurs display. Supported by a survey involving 1,135 responses from students enrolled in master's degree programmes taught across five cities in Spain, we identified the relevant characteristics that determine the personality traits of a likely entrepreneur. We found some key aspects such as previous knowledge of the business, high level of initiative, open-mindedness and coming from an entrepreneurial family environment, with no other distinctions made for other factors. In a second analysis, we compared students enrolled in entrepreneur-related courses (EMBA and MBA) with students enrolled in other disciplines and found significant differences between groups. Finally, we compared all results based on gender to obtain more relevant conclusions.
ISSN:0148-2963
DOI:10.1016/j.jbusres.2022.01.087