Financial Risk Prediction and Entrepreneurs' Psychological Status Under Entrepreneurial Psychology.

Xiao Liang,Shaojun Xu,Zheng Xu,Ying Yang,Bo Zhang,Wenxi Ruan,Ji Liu

doi:10.3389/fpsyg.2021.750917

Abstract

Entrepreneurship plays an important role in the development of national economy. The study aims to accelerate the construction of social and economic structure by improving the success rate of new entrepreneurs in the process of innovation and entrepreneurship. First, the related theories of financial risk prediction are introduced, and entrepreneurial psychological status and the psychological states on entrepreneurship are analyzed. Second, the current situation of entrepreneurial psychology of new entrepreneurs is analyzed through a questionnaire survey and model test. The results show that private enterprises account for the largest proportion, with a percentage of 58.14% of 125. In total, 32 Chinese-foreign joint ventures rank second and account for 14.88% of the total, and the scale of each type of enterprises accounts for 25%, respectively. The operating years of enterprises are mainly between 10 and 20 years. Among the enterprises surveyed, the significant level of entrepreneurial psychology and entrepreneurial opportunity of entrepreneurs is p = 0.000–0.01. It indicates that males’ psychological adjustment ability and entrepreneurial ability in the entrepreneurial process are higher than females’, and their entrepreneurial psychological states and entrepreneurial ability will improve with the growth of age, education levels, and positions. It is concluded that entrepreneurial psychological capital and entrepreneurial opportunity are significantly positively correlated with financial risk expectation. The research results prove the impact of financial risks on the entrepreneurial psychology of new entrepreneurs, and provide a reference for new entrepreneurs in predicting financial risks.

Highlights

The construction of an economic structure based on innovation and entrepreneurship requires the support of the government and social institutions
It is concluded that entrepreneurial psychological capital and entrepreneurial opportunity ability are significantly positively correlated with financial risk prediction
The model is verified by a questionnaire survey, and the influencing factors and current situation of entrepreneurial psychology of new entrepreneurs are analyzed

Summary

INTRODUCTION

The construction of an economic structure based on innovation and entrepreneurship requires the support of the government and social institutions. It is necessary to rationally allocate resources and build a real entrepreneurial economy of new enterprises. How to encourage the new entrepreneurs rationally allocate resources and improve their performance are two problems to be solved by decision-makers and entrepreneurs. How do entrepreneurs develop their psychological capital and improve their performance in developing the entrepreneurial economy? New entrepreneurs are taken as the research subject, and their entrepreneurial psychological states based on financial risk prediction are summarized after the analysis of the results of a questionnaire survey and a model test. The innovation is to combine financial risk prediction and entrepreneurial psychology of new entrepreneurs. The study provides a reference for the research on the influence of the psychological states of new entrepreneurs on their entrepreneurial success

LITERATURE REVIEW

CONCLUSION

Findings

ETHICS STATEMENT