Entrepreneurial Traits Research Articles

Entrepreneurial Aspirations And Career Orientation Among Chinese Vocational College Students

Entrepreneurial aspirations and career orientation are crucial in shaping the professional futures of vocational college students in China. This study explores the relationship between these factors, surveying 385 students from various vocational institutions. The findings reveal that most respondents, aged 18 to 25, are at a critical stage of career development, with a notable interest in entrepreneurship. This trend underscores a growing inclination toward innovation and self-employment among vocational students. Students identified strongly with entrepreneurial traits such as creativity, risk-taking, and a readiness to innovate. Their career orientation emphasizes the importance of acquiring practical skills that are directly applicable to industry needs, highlighting the role of vocational education in preparing students for specific job roles. The study also shows that entrepreneurial aspirations and career orientation vary by gender and educational background. Male students tend to favor innovation and risk-taking, while female students are more inclined toward collaborative and community-focused ventures. Those with higher educational attainment show a stronger preference for leadership and managerial positions. A significant correlation between entrepreneurial aspirations and career orientation suggests that students with entrepreneurial goals are more likely to pursue careers that offer opportunities for innovation and business development. These findings point to the importance of integrating entrepreneurship education into vocational curricula, ensuring that students are equipped with the necessary skills and mindset to succeed in a rapidly evolving job market.

Attributes Required for Entrepreneurs of Self-Help Groups (SHGS) Involved in the Development of Microenterprises

Under the pathetic and uneasy conditions the rural poor face, microfinance activity acts as the saviour to redeem them from the clutches of poverty and unemployment. The present study was conducted to examine the influence of entrepreneurial attributes of members of SHGs in the effectiveness of microfinance services for agro-enterprise development by the Self-Help Groups (SHGs) in Kerala. The study was conducted in ex-post facto design, in the three purposively selected districts of the three zones of Kerala, namely, Thiruvananthapuram, Thrissur and Malappuram. The effectiveness of microfinance services was calculated individually from the scores obtained for each respondent and the average score of members in a group constituted the effectiveness score of the group. The independent samples t-test was employed to find out the significant difference in entrepreneurial characteristics score with the effectiveness of microfinance services. Also, a correlation analysis was performed between entrepreneurial characteristics and the effectiveness of microfinance services. The correlation analysis of the entrepreneurial characteristics of the SHG members and the effectiveness of microfinance services revealed that ‘achievement motivation’, ‘innovativeness’, ‘thrift tendency’, ‘strategic visioning’ and ‘internal locus of control’ were positively and significantly correlated with the effectiveness of microfinance services at one per cent level of significance, whereas ‘economic opportunism’ was positively and significantly correlated with the effectiveness of microfinance services at five per cent level of significance. The independent samples t-test revealed that the entrepreneurial abilities of the members of SHG largely influenced the effectiveness of microfinance services for agro-enterprise development rather than other factors like the nature of agro-enterprises which was usually selected through micro screening techniques. The study necessitates a severe need of the establishment of business schools for youth to develop their entrepreneurial traits as well as better governance, especially in the agro sector.

Study on the Impact of Entrepreneurship on Enterprise Performance in the Manufacturing Industry

Purpose: The study aims to explore the impact of entrepreneurship on the performance of manufacturing enterprises in China, focusing on specific traits of entrepreneurship such as innovation, risk-taking, and competitiveness. Additionally, it examines the relationship between entrepreneurship and regional economic growth, with an emphasis on how entrepreneurship drives enterprise performance, particularly in economically underdeveloped regions. Approach/Methodology/Design: The research uses empirical analysis based on sample data from listed manufacturing companies on China’s Shanghai and Shenzhen A-share markets. It employs regression models to assess the impact of entrepreneurship on enterprise performance. Indicators such as R&D investment, market share, and firm size serve as proxies for entrepreneurship traits, while principal component analysis is used to calculate scores for both entrepreneurship and enterprise performance. Control variables include regional economy and leadership structure. Sub-regional analysis is conducted to compare the impact of entrepreneurship across different economic regions. Findings: The results show that entrepreneurship, innovation spirit, risk-taking spirit, and competitive spirit all have significant positive impacts on enterprise performance. Additionally, in different economic regions, entrepreneurship generally has a positive impact on enterprise performance, with a greater effect observed in areas with lower economic development. Practical Implications: The study provides valuable insights for enterprises and policymakers. It suggests that enterprises can enhance their competitiveness by fostering entrepreneurial traits, increasing R&D investment, and efficiently managing financial leverage. Furthermore, governments should support entrepreneurship in underdeveloped regions through training and policy measures to stimulate regional economic growth. Originality/value: This study constructs a unique evaluation system for entrepreneurship from a micro perspective and verifies its positive impact on enterprise performance. This study innovatively explores the differential impact of entrepreneurship across various economic regions, providing new perspectives for future research on the relationship between regional economies and entrepreneurship.

Entrepreneurial traits: Insights from rural dairy farming communities

Entrepreneurial traits: Insights from rural dairy farming communities

Business characterization and performance of tourism entrepreneurs in the Gocta destination: An analysis using Smart PLS

This research aimed to examine the characteristics of tourism entrepreneurs and their impact on performance in the Gocta destination. This study analysed data from a sample of 47 entrepreneurs using structural equation modelling with SmartPLS 3.37 software using a quantitative methodology with descriptive and explanatory approaches. The sample included 44% men and 55% women. The sample included 44.7% men and 55.3% women. The results indicated that entrepreneurial traits such as leadership (p=0.047), planning (p=0.041) and innovation (p=0.007) have a significant positive effect on both entrepreneurial performance and business sustainability. These characteristics are decisive for improving business performance and ensuring long-term viability. In contrast, business attributes such as sociability (p=0.065) and sustainability (p=0.557) showed a lower level of significance about performance. This indicates that they are less critical compared to leadership, planning and innovation although sociability and sustainability are valuable. The study highlights the importance of these key traits in driving entrepreneurial success and aims to strengthen the skills associated with leadership, planning and innovation among entrepreneurs. This research seeks to support the development of effective and sustainable tourism enterprises in the Gocta destination and provides valuable information for both entrepreneurs to consider the entrepreneurial characteristics of starting a great business and policy makers by focusing on these traits.

The Effect of Entrepreneurial Spiritual Capital on the Performance of Science and Technology Innovation Teams

Combined with the research on science and technology innovation teams, we use digital empowerment as the mediating variable and organizational resilience as the moderating variable to establish the moderated mediation model, explore the role mechanism of entrepreneurial spiritual capital on the performance of science and technology innovation team from the perspective of entrepreneurial traits, and carry out an empirical research on a sample of 351 scientific and technological talents in the science and technology innovation team of enterprises. The results show that: entrepreneurial spiritual capital has a significant positive effect on science and technology innovation team performance; digital empowerment mediates between entrepreneurial spiritual capital and science and technology innovation team performance; organizational resilience positively moderates the relationship between digital empowerment and science and technology innovation team performance, and further moderates the mediating role of digital empowerment between entrepreneurial spiritual capital and science and technology innovation team performance.

Navigating success: Exploring how entrepreneurial traits and institutional factors mediate enterprise characteristics and financial performance

ABSTRACT This study examined the dynamics between enterprise characteristics (EC) and the financial performance (FP) of 623 micro-enterprises in five highly urbanized cities across Mindanao, Philippines. Using partial least squares structural equation modeling, it also examines the mediating effects of entrepreneurial traits and perceived institutional factors after controlling for business age. The results revealed that EC significantly and positively influences FP. This suggests that micro-enterprises benefit from their enabling characteristics, such as business model, employees, and organizational culture. Entrepreneurial traits, including business acumen, grit, and environmental and social orientation, partially mediate the EC–FP relationship. Perceived institutional factors, including culture, norms, and enabling trading climate, played significant roles as partial mediators between EC and FP. Policy makers can use these insights to design programs that foster supportive institutional environments. Meanwhile, entrepreneurs should optimize key traits, leverage their enterprise-specific strengths, and adapt their business models to local culture and norms to enhance financial performance.

Impact of Socio-cultural Factors on the Development of Entrepreneurship: A Case Study of Belagavi City of Karnataka State

This research investigates the defining traits of successful entrepreneurs, specifically within the context of small and medium-scale businesses in Belgaum. It explores the influence of personal attributes such as personality traits, family business background, upbringing, and the role of community support in shaping entrepreneurial ambitions and actions. Utilizing a mixed-methods approach, the study employs comprehensive content analysis alongside thematic analysis of qualitative data derived from semis-structured interviews with Belgaum-based entrepreneurs aged between 25 and 45. These methods facilitate the examination of psychological factors like self-efficacy, and risk-taking behaviour, as well as the impact of social networks and environmental upbringing on the development of entrepreneurial traits and skills. The interviews provide a platform to uncover detailed themes and pathways that lead to entrepreneurial skill acquisition and refinement, offering insights into the early stages of psychological development conducive to entrepreneurial success. The research's findings contribute to a deeper understanding of the complex interplay between an entrepreneur's personal and social environment and their success in business ventures. Through its exploration of these dimensions, the study aims to enrich the literature on enterprise management and entrepreneurship, particularly in the realm of small and medium-sized businesses in emerging markets like Belgaum.

Drivers and obstacles on refugee entrepreneurship. The host country perspective

Refugee entrepreneurship encompasses the enterprising endeavors undertaken by individuals forced to flee their home countries. This research area has gained scholarly traction due to its profound relevance in the socio-economic perspective. To provide a comprehensive understanding of this phenomenon, a thorough systematic literature review was conducted, drawing upon the Scopus and Web of Science databases. The review scrutinized a corpus of 57 scholarly articles, which were analyzed and categorized into two main themes: the profile of refugees regarding their entrepreneurial intentions, and the contextual factors within the host countries that either facilitate or impede their entrepreneurial pursuits. Refugee entrepreneurship is associated with the necessity-driven perspective, as individuals often embark on entrepreneurial ventures due to the shortage of viable employment opportunities in their host countries. However, there exists a nuanced perspective wherein some refugees leverage their innate entrepreneurial traits, finding resonance between the economic landscapes of their home and host countries. Nevertheless, the inception of entrepreneurial endeavors is invariably accompanied by some obstacles, spanning legal, financial, and socio-economic domains. These obstacles do not deter the entrepreneurial spirit ingrained within many refugees. Instead, they serve as catalysts for resilience and innovation, prompting the formulation of adaptive strategies to surmount barriers and carve out pathways to success, underscoring the economic activity of displaced individuals and exemplifying their capacity to effectuate positive change amidst adversity.

Entrepreneurial Traits and Firms Performance: Evidence from SMEs in Nigeria

The purpose of this research is to determine the influence of entrepreneurial traits on firm’s performance in selected small and medium enterprises (SMEs) in Anambra State, Nigeria. The research was supported by trait theory of entrepreneurship. The research employed survey research design. The population target consists of 548 registered small and medium-scale enterprises located in Awka South L.G.A, Anambra State. The study used sample of 240 respondents drawn from the registered small and medium-scale enterprises. Stratified random sampling was employed in identifying respondents. A structured questionnaire was incorporated in data collection. Face and content validity was adopted in the study. Cronbach alpha coefficient was useful in examining the research instrument. Cronbach alpha coefficient of 0.7 was used for reliability. The assembled data was examined by means of descriptive statistics and inferential statistics assisted by Statistical Package for Social Sciences (SPSS). Data presentation entailed usage of tables and percentages. The findings indicated that entrepreneurial traits had a positive significance influence on the performance of SMEs. The research concluded, risk taking propensity, innovativeness and resilience influence performance of SMEs in Anambra State Nigeria having been statistically significant and therefore considered. The study recommended that prospective entrepreneurs should be mindful of these factors and take advantage of them in their quest to improve their firm’s performance and competitiveness.

Assessing Rural Women Entrepreneurial Traits in Rural Household-Based Enterprises in Katsina State, Nigeria

Assessing Rural Women Entrepreneurial Traits in Rural Household-Based Enterprises in Katsina State, Nigeria

Femininity and Masculinity in Pitches: How Entrepreneurial Traits Affect Microlending Success

Femininity and Masculinity in Pitches: How Entrepreneurial Traits Affect Microlending Success

Entrepreneurial passion and the big five: Impact on entrepreneurial behavior

Although there has been a long history of research linking personality traits and entrepreneurship, this interchange has provided inconsistent results without a definitive entrepreneurial trait profile. In this research, the relationship between entrepreneurial passion (EP) for inventing and entrepreneurial behavior was investigated by exploring the moderating effects of personality as conceptualized by the Big Five Personality Traits. Results provided evidence that the personality traits of conscientiousness, agreeableness, and extraversion moderated the relationship between EP and entrepreneurial behavior. Individuals with a high level of conscientiousness, agreeableness, or extraversion exhibited a higher likelihood of entrepreneurial behaviors. The moderation effect of agreeableness was most pronounced at low levels of EP with this effect dissipating as the level of passion rises to a high level. A significant contribution of this research is a greater understanding as to what characteristics and processes increase the likelihood of a person to undertake entrepreneurial behaviors. Theoretical and practical implications of study findings as well as limitations and future research directions were discussed.

PEMANFAATAN KOMODITI LOKAL DALAM PENDAMPINGAN WIRAUSAHA MELALUI PELATIHAN DEVIL PANCAKE DI SMK NEGERI 2 SINGARAJA

In the era of globalization and intense market competition, entrepreneurship is crucial for improving economic quality. One accessible form of entrepreneurship is through micro, small, and medium enterprises (MSMEs). Entrepreneurship allows communities to enhance their welfare and economic potential, regardless of age, offering vocational high school students the chance to become young entrepreneurs. Entrepreneurial mentoring for vocational high school students prepares them to innovate and develop strong entrepreneurial traits. This program, conducted in Buleleng Regency, Bali, known for its educational heritage, focuses on culinary entrepreneurship training, particularly in pastry making. Initiated by the Student Association of the D3 Hospitality Program at the International Tourism and Business Institute, the training includes practical food production using local commodities. One notable training involves making Devil Pancake, a simple yet innovative pastry. Participated by Culinary students from SMKN 2 Singaraja, using demonstration and duplication methods to enhance practical skills. Students observed instructors and then practiced independently, significantly improving their understanding and skills. The program yielded positive results, boosting students' confidence and practical experience. Using local ingredients and simple processes reassured students that starting a business is feasible. This program successfully motivated SMKN 2 Singaraja students to pursue entrepreneurship.

A SCALE TO MEASURE ENTREPRENEURIAL TRIATS OF MUSHROOM GROWERS

In the absence of a suitable scale to measure the entrepreneurial traits of mushroom growers in relation to mushroom production technology in the Jammu region of Jammu and Kashmir (UT), there was a need to construct an entrepreneurial traits scale. Therefore, effort was made to construct a scale to measure the entrepreneurial traits of mushroom growers in relation to mushroom production technology. For the same, 39 statements covering eight traits namely, achievement motivation, decision making ability, economic motivation, risk taking ability, self-confidence, locus of control, planning ability and cosmopoliteness were put together. These statements illustrated the entrepreneurial traits of mushroom growers. Thirty statements were concluded in the final scale. The developed scale will be useful in identifying and studying mushroom entrepreneurs, in shaping government policies and in designing training and seminars through educational and research institutions. This scale will be very advantageous and convenient for researchers, to examine the entrepreneurial characteristics of mushroom growers. This scale can be useful to various financial institutions such as NABARD, MANAGE, govt. of India in setting criterion while grating loans to entrepreneurs.

Pentingnya Pendidikan Entrepreneurship Sebagai Upaya Pembentukan Karakter Entrepreneur Mahasiswa Pencetak Lapangan Kerja

Systematically, this paper describes the reasons for the importance of educational entrepreneurship in character building for students and assumes that educational entrepreneurship will encourage students to start entrepreneurship. The many problems of poverty do have consequences on competition in getting jobs because in Indonesia it is very limited. It is only fitting that as the next generation of the nation in the future, students should be persistent in encouraging the spirit of entrepreneurship so that they do not rely on limited job opportunities but must become job providers and creators. The method used in this study is the Literature Review method, which is to review the themes raised. The way to collect information from this library activity is from various library sources which are needed as a source for developing new ideas in the form of a framework which will eventually become a theory. Entrepreneurial character through learning about entrepreneurship can be built through higher education. For students to cultivate entrepreneurial traits, they must start early because truly reliable and successful entrepreneurs start from small to large things or businesses, not the other way around. Students must get rid of thoughts about entrepreneurship, namely when starting a business they must have large capital money and feel unable to take risks that will be faced in the future.

Factors behind the resilience of rural startups

Rural areas are characterized by sparse population, low population density, remoteness, and population aging, which can discourage startups and undermine their financial performance, as the theory of urban agglomeration economies suggests. However, many studies have shown that companies created in rural areas survive longer than those created in urban areas, which seems contradictory. This paper aims to identify the factors that explain this rural resilience. We analyzed all of the startups founded in Spain over 10 years. We used statistical matching methods to test for the effect of the location while controlling for founding conditions and environmental factors. Our study confirmed that few startups are created in rural areas and they grow less, but their survival rate is slightly higher than those established in urban areas. We found that high subsidies, low operating costs, high labor intensity, a slow but low-risk growth pattern, and other foundational conditions and external factors contribute to explaining rural resilience. Nonetheless, additional factors, including the traits of rural entrepreneurs and the lack of alternatives to bankruptcy, as proposed by the entrepreneurial opportunity theory, also matter.

Relationship between Art and Design Students’ Technical and Managerial Skill Traits and Their Entrepreneurial Skill Traits

The unavailability of jobs for graduates has become a gross concern in developing countries such as Nigeria, which is not necessarily contingent on graduates from any specific course of study, including art and design education. It is thus evident that proficiency in artistic or creative talent alone is insufficient to guarantee a thriving art and design career and the need to develop the required entrepreneurial propensity. This study, therefore, aims to evaluate the entrepreneurial skills and traits of art and design students in Nigerian higher education institutions (HEIs) as a remedy for stimulating their entrepreneurial tendencies. The hypothesized model of art and design students’ entrepreneurial traits was developed based on the theoretical framework developed from the literature as a three-factor construct (Model 1.0) comprising technical/soft skills, managerial skills, and entrepreneurial skills. Data was obtained using a structured Likert scale questionnaire of 36 items adapted from Yilzman & Sunbul’s entrepreneurial scale from a sample of 186 art and design students. Data was analysed using descriptive statistics and thecovariance-based structural equation modelling (CB-SEM) via the IBM SPSS Statistics 26 and IBM SPSS Amos 26 Graphics software. The model fit results reveal that the goodness-of-fit statistics indexes fell within the acceptable range. The results of the hypotheses testing of the model show that no significant association exists between art and design students’ technical and entrepreneurial skill traits. However, there is a significant association betweentheir managerial and entrepreneurial skill traits. The outcome of this research has implications for TVET institutions in the arts and design field further to promote the development of students’ inherent entrepreneurial traits to boost their entrepreneurial tendencies.

INSTITUTIONAL FACTORS OF THE TECHNOLOGIC ACADEMIC ENTREPRENEURSHIP DYNAMICS

The article deals with identifying the obstacles to the commercialization of academic research results generated by the differences in institutional environment for the production of scientific knowledge and the production of technological products by innovative start-ups. To do this, it gives the characteristics of the above-mentioned institutional environments, as well as patterns of behavior in them that do not have the character of formal or informal institutions. Particular attention is paid to psychological traits of entrepreneurs and their cognitive abilities, which may not be available to teachers and researchers at universities and research organizations. Comparison of the content of these environments gives grounds for distinguishing two types of institutional barriers: the first one is of a general economic nature and can generate significant costs for the work of innovative start-ups; the second one is intra-organizational in nature and can generate high risks of transition from science to commercial industry, preventing researchers and teachers from making decisions about creating innovative technology start-ups. The paper concludes with recommendations to reduce the level of barriers of the second type. In particular, to compensate for the risks associated with possible consequences of failure to create a startup and the difficulties of returning to the field of research activity, university management could legally guarantee a teacher or researcher a return to work in scientific or educational departments of faculties for at least five years after creating a startup.

Troops are Business Schools: Military Service and Entrepreneurial Behaviors in China

Although research has examined the benefits of military service and the impact of military executives on business operations, the relationship between military service and entrepreneurial behavior remains poorly understood. Using the instrumental variable approach and a nationally representative male sample from the China Labor-forces Dynamic Survey, we discovered that military service significantly increased the probability of entrepreneurship in China, even after a series of robustness checks. Mechanism tests indicated that this positive effect could be explained by human and political capital accumulation, military-related social capital formation, and risk appetite traits. Our supplemental analyses demonstrated that exogenous shocks from the special military-in-business policy strengthened the positive entrepreneurial effect, whereas the higher education expansion policy and China’s accession to the World Trade Organization weakened this effect. Additionally, military entrepreneurs had better business performance and more resilient, persistent, and confident traits. We found no evidence that Chinese veterans were forced to become entrepreneurs. This study enriches research on the styles and traits of military entrepreneurs and managers and provides important insights for assessing and improving veteran welfare policies in China and other developing countries.