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Displaying results 1 to 3 of 3.

  1. Personality and self-employment
    a journey into the craft's way of doing business
    Author: Runst, Petrik; Thomä, Jörg
    Published: [2023]
    Publisher:  Volkswirtschaftliches Institut für Mittelstand und Handwerk an der Universität Göttingen e.V., Göttingen

    The renewed scholarly interest in the craft-based mode of competition, work, learning and innovation suggests that there are some unique aspects of the craft's way of doing business. Using a large panel data set, the present paper takes a closer look... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 617
    Inter-library loan:
    No inter-library loan

     

    The renewed scholarly interest in the craft-based mode of competition, work, learning and innovation suggests that there are some unique aspects of the craft's way of doing business. Using a large panel data set, the present paper takes a closer look at this issue by examining the personality characteristics of business owners. Our results confirm that an individual's personality affects the likelihood of self-employment, but certain traits have a different effect in the case of crafts vis-à-vis non-crafts. We interpret this as evidence for the specificity of the 'crafts' at the fundamental level of human personality. Thus, personality traits can influence self-employment decisions differently, depending on the sector or field of entrepreneurship. The paper concludes with implications for policy and research.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/270882
    Edition: Updated version
    Series: ifh working paper ; no. 38 (2023)
    Subjects: Crafts; Self-employment; Personality; crafts entrepreneurship; craftsmanship
    Scope: 1 Online-Ressource (circa 17 Seiten)
  2. Resilient entrepreneurs?
    revisiting the relationship between the Big Five and self-employment
    Author: Runst, Petrik; Thomä, Jörg
    Published: 2022
    Publisher:  Volkswirtschaftliches Institut für Mittelstand und Handwerk an der Universität Göttingen e.V., Göttingen

    Based on a trait-oriented approach, Big Five personality traits have been repeatedly shown to affect entrepreneurial action. In the last two decades, a new literature stream on the Big Five has emerged in the field of psychology that has partly moved... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 617
    Inter-library loan:
    No inter-library loan

     

    Based on a trait-oriented approach, Big Five personality traits have been repeatedly shown to affect entrepreneurial action. In the last two decades, a new literature stream on the Big Five has emerged in the field of psychology that has partly moved away from a traitbased perspective towards a person-centered approach, suggesting that multiple stable combinations of traits form individual personalities. We examine the relationship between this prototyping approach and entrepreneurship. Moreover, we compare prototyping with entrepreneurial profiling, another person-oriented approach to the Big Five, which assumes that low levels of agreeableness and high levels of all other traits describe a particular entrepreneurship-prone personality. By using data from the German Socio-Economic Panel (SOEP), we show that at least three prototypes can be identified, one of which - the resilient type - can be hypothesized to significantly increase the likelihood of entrepreneurial action. Our regression results provide evidence of a positive impact of the resilient type on the likelihood of and transitioning into self-employment but not the likelihood of exit. We also show that the prototyping approach explains individual self-employment decisions over and above what can already be explained by the profiling approach. Thus, the entrepreneurial profile tends to ignore a relatively large number of individuals who exhibit certain combinations of traits predisposing them to become entrepreneurs. In the context of entrepreneurship, profiling should therefore only be seen as a first step on the way from the usual trait-based to a person-oriented view of the Big Five.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/251222
    Series: ifh working paper ; no. 34 (2022)
    Subjects: Entrepreneurship; Self-employment; Big Five; Personality; Prototypes; Profiles
    Scope: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  3. Rediscovering the craft entrepreneur
    a personality approach
    Author: Runst, Petrik; Thomä, Jörg
    Published: [2022]
    Publisher:  Volkswirtschaftliches Institut für Mittelstand und Handwerk an der Universität Göttingen e.V., Göttingen

    Personality is a key driver of self-employment decisions. For this reason, the personality traits of entrepreneurs or business owners have been repeatedly studied in previous research. This paper extends this literature by focusing on the craft... more

    Access:
    Verlag (lizenzpflichtig)
    Verlag (kostenfrei)
    Resolving-System (lizenzpflichtig)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 617
    Inter-library loan:
    No inter-library loan

     

    Personality is a key driver of self-employment decisions. For this reason, the personality traits of entrepreneurs or business owners have been repeatedly studied in previous research. This paper extends this literature by focusing on the craft entrepreneur - as a classic form of strategic entrepreneurship. Based on a large, representative German household panel data set, we show that the entrepreneurial type mediates the effect of broad (Big Five) and narrow personality traits (locus of control, risk tolerance) on the likelihood of being self-employed. Our results support the conventional distinction between craft entrepreneurs from other types of entrepreneurship. The paper concludes with implications for policy and research.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/266149
    Series: ifh working paper ; no. 38 (2022)
    Subjects: Entrepreneurship; Craft entrepreneur; Self-employment; Big Five; Personality
    Scope: 1 Online-Ressource (circa 17 Seiten)
    Notes:

    Datei gelöscht auf Wunsch der herausgebenden Institution