Effects of decision making styles on entrepreneurship skills

Huseyin Yener

doi:10.47577/tssj.v8i1.693

Abstract

Entrepreneurship usually has a highly ambiguous atmosphere, and so needs a variety of skills. This study explores the relationships between entrepreneurial skills and decision making styles. In the study relational screening model was used and the study group consisted of 30 students of a private university in Istanbul, Turkey. Two questionnaires which were a 25-item entrepreneurship questionnaire and a 22-item Melbourne decision making questionnaire applied to sample group. Descriptive statistics and all the other tests were conducted by using SPSS version 26 to examine the extent of involvement, significance, direction and degree of the relationships. The results indicated a positive low-level (r = 0.374) relationship between entrepreneurship skill and vigilance type of decision making style. Surprisingly, negative low level of relationships (r = -0.123 and r = -0.244, p <0.05) were found among entrepreneurship skills, hypervigilance and procrastination styles. No significant interaction with buck passing type of decision making style was found. It was found that parental education/job status and entrepreneurship history of family have no effect on entrepreneurship skills. This result supported the idea that entrepreneurship is a learnable skill rather than an innate skill. It is recommended to include active teaching programs for the development both of skills.

Highlights

Economic and social challenges all around the world motivating the idea of developing more entrepreneurial activities become an important target for everybody
Entrepreneurship education is considered as an education model to change attitudes, trends and motivations
The goal of this study is to investigate the effect of family history and experiences about entrepreneurship and decision making styles on entrepreneurship skills

Summary

Introduction

Economic and social challenges all around the world motivating the idea of developing more entrepreneurial activities become an important target for everybody. The decision is a process that goes through various stages. There are many factors affecting this process These are objectives, decision-makers, natural conditions, options, the results of options and choosing among options (Tekin, 2204). Individuals’ innate abilities in decision-making process are very important and effective parameters. It is investigated whether the family experience and back-ground on entrepreneurship has an effect on both of these skills. It is stated that “entrepreneurship and decision-making are the features that can be developed with education” which should motivate education institutions to develop education programs to foster these abilities for our world’s mutual benefits (Davidsson, 2006)

Objectives

Methods

Results