Abstract
Although many studies have been done in connection to the entrepreneurial characteristics, they only described the profile of entrepreneurship through the listing of characteristics and factors affecting the success of entrepreneurs. However, in this study, the researchers aim to identify the positive features and their relationship with the success of entrepreneurs in Kelantan and Selangor in terms of Islamic values practice.The study was conducted on 200 respondents in Kelantan and Selangor. Through correlation analysis, the characteristics were observed to have significant relationship with the success of small entrepreneurs. All key variables have significant relationship with the entrepreneurs’ success excluding the type of product and education. The multiple regression analysis showed that the characteristics of small entrepreneurs have a positive influence on success. The results also showed that the interaction of characteristics of entrepreneurs with the Islamic values have positive correlation with success.
Highlights
Researchers associated with the characteristics of entrepreneurs in Small and Medium Enterprises (SMEs) have carried out many empirical studies
Variables and Measures: Characteristics of small entrepreneurs in Peninsular Malaysia are the focus of the present study
It is found that the relationship between Islamic values and characteristic of entrepreneur such as behaviours, skills and self-efficacy were positively related with the value of p
Summary
Researchers associated with the characteristics of entrepreneurs in Small and Medium Enterprises (SMEs) have carried out many empirical studies. Among the few researchers who tried to discuss the profile of entrepreneurship through the listing of entrepreneurial characteristics were Kao and Liang (2001) which have listed 18 characteristics of entrepreneurs; while Zaidatol and Habibah (1997) listed six characteristics of entrepreneurs. Several other researchers such as Kirby (1992), Dollinger (1995), Zafir and Fazilah (2003) and McGrath et al, (1992) attempted to discuss the entrepreneurship profile through entrepreneurial characteristics. Zaidatol and Habibah (1997), has listed ten characteristics of entrepreneurs. This present study used an instrument modified from Zaidatol and Habibah (1997), after taking all views of the previous researches on the characteristics of entrepreneurs. In another study conducted by Kao (1991), there were 11 major features that an entrepreneur should have such as commitment, determination and perseverance, motivation to succeed and thrive, orientation to the opportunities and goals, take initiative and personal responsibility, continuous solution to problem, realistic, seek and use feedback, internal locus of control, taking risk, less drive towards power and status and reliability of integrity
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