Personality Traits and Entrepreneurship Education Research Paper (Research Paper Sample)

Personality Traits and Entrepreneurship
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Abstract
The development of the entrepreneurial personality trait plays an essential role in modeling the entrepreneurial intentions and behavior of individuals. Personality traits are also essential for moderating the relationship between entrepreneurial intentions and the actual establishment of business ventures. Successful entrepreneurs exhibit qualities such as high level of the propensity for risks, innovativeness, and creativity. Other essential personality traits include the tolerance for ambiguity, tenacity, optimism, intelligence, self-initiative, propensity for risks, internal locus of control, and passion. The entrepreneurial personality traits are responsible for shaping all aspects of entrepreneurship such the entrepreneurial intention, the entrepreneurial behavior, and the entrepreneurial performance. The major entrepreneurial personality traits include the openness to experience, agreeableness, neuroticism, extraversion, conscientiousness. Additionally, other personality traits such as self-confidence, tolerance for ambiguity, propensity for risks, creativity, passion, and locus for control among others play are essential in inducing entrepreneurial intentions and the subsequent entry, survival, and exit from entrepreneurship. The study observed that there exist a positive correlation between the entrepreneurship and entrepreneurial intention.