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The relationship between the entrepreneurial personality and the Big Five personality traits

Leutner, F; Ahmetoglu, G; Akhtar, R; Chamorro-Premuzic, T; (2014) The relationship between the entrepreneurial personality and the Big Five personality traits. Personality and Individual Differences , 63 pp. 58-63. 10.1016/j.paid.2014.01.042. Green open access

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Abstract

Although meta-analyses show that the Big Five personality traits predict business intention, creation, and success (Brandstätter, 2011), they also indicate that narrow personality traits, such as innovativeness, predict these outcomes better than broad traits, such as Conscientiousness and Extraversion (Rauch & Frese, 2007). The current study extends previous research to examine the relationship between the Big Five and a wider range of entrepreneurial outcomes (e.g. founding charitable organisations, organising events, and changing organisational practices). Additionally, it establishes the incremental validity of a narrow measure of entrepreneurial personality over the Big Five (META, Ahmetoglu, Leutner, & Chamorro-Premuic, 2011). Both the Big Five and META significantly predict various forms of entrepreneurial success, though META does so more consistently. This suggests that narrow personality traits have incremental validity in predicting entrepreneurial success vis-à-vis the Big Five. Theoretical and applied implications are discussed.

Type: Article
Title: The relationship between the entrepreneurial personality and the Big Five personality traits
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.paid.2014.01.042
Publisher version: https://doi.org/10.1016/j.paid.2014.01.042
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Big Five, Entrepreneurship, Personality, Entrepreneurial success
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Brain Sciences
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Brain Sciences > Div of Psychology and Lang Sciences
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Brain Sciences > Div of Psychology and Lang Sciences > Clinical, Edu and Hlth Psychology
URI: https://discovery.ucl.ac.uk/id/eprint/10093381
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