Abstract

This study focuses on examination a) of impacts of entrepreneurs` psychological characteristics on business performance (need fur achievement and risk-taking propensity), b) of impacts of entrepreneur`s competency characteristics(vision, opportunity recognition, social deftness, frequency of networking and reliability) on business performance, and c) of controlling impacts of business incubator on the relationship between entrepreneurs` characteristics (psychological characteristics and competency) and business performance. According to a study, among entrepreneurs` psychological characteristics, need for achievement has a significant impact on business performance, whereas risk-taking propensity is found to have no significant impact on business performance. In addition, among entrepreneurs` competency characteristics, vision, social deftness, and network reliability have no impact on business performance, whereas opportunity recognition and frequency of network have an impact on business performance. On the other hand, need for achievement has a negative impact on controlling business incubator services. Business incubator services have a significant impact on the relationship between vision, network reliability and business performance.

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