Meta-analysis of Studies on the Personality Characteristics of Entrepreneurs

Document Type : Research Paper

Authors

1 Department of psychology, University of Isfahan, Isfahan, Iran.

2 department of psychology- faculty of psychology- university of Isfahan- Isfahan

10.22059/jed.2023.350450.654110

Abstract

Objective: Entrepreneurship, as the beating heart of economic activities, is affected by various factors. Personality characteristics of people are one of the most important factors that affect the performance of entrepreneurs, but its quality and quantity have not been the same in different researches. Using the meta-analysis approach, the present research aims to summarize the results of previous researches and statistically influence the role of personality traits by correcting unrealistic effects caused by sampling error and low reliability. Considering that there are different points of view for personality traits; This research, while integrating the studies, also examined the point which theoretical perspective has a greater impact on entrepreneurship.
Method: The current research is fundamental in terms of the nature of the goal; According to the collection of descriptive information and based on the nature of the research, it is a survey type For this purpose, the meta-analysis method was used, and internal and external researches related to the subject were used from databases such as Academic Jihad, Noor Magazines, Science and Information Technology Research Institute and Scientific Information Database, Google Scholar, as well as the article index site presented in Valid conventions and conferences were used. The measurement tool of this research was the meta-analysis checklist, and then the statistical data was analyzed through the meta-analysis software (second edition).
Results: The findings showed that the data are inconsistent and the lack of publication bias in the findings indicates the significance of the overall effect size. According to Cohen's table, the average effect size is at the medium level, and therefore it can be said that there is a significant relationship between personality traits and entrepreneurship. To be more precise, the results of the present study showed personality traits such as extroversion, neuroticism, adaptability, conscientiousness, openness to experience, which were proposed based on Costa & McCrae's theory, or internal control, success seeking, creativity, risk taking. , self-esteem and self-efficacy proposed by Rauch & Frese; It is related to the performance of entrepreneurs. In addition, comparing the two views of general traits and specific personality traits, the size of the effects related to the view of specific traits was larger. Also, among different personality traits, creativity and self-efficacy traits had a larger effect than other traits
Conclusion: It can be concluded that although personality traits are an important factor in the performance of entrepreneurs, however, all these traits do not have the same effect on the entrepreneurial behavior of people, and some of them, which are called special traits in this research, play a prominent role. They have more in this regard. Since these features focus on providing clearer descriptions that occur in a specific time and place or role, they create a larger effect size. And therefore, the development of these characteristics can lead to the improvement of the performance of entrepreneurs. On the other hand, creativity and self-efficacy had a stronger relationship with entrepreneurial behavior. It seems that creating a new business more than anything requires thinking different from common views and requires creativity and innovation. Also, it is necessary for a person to believe in her capabilities and to be confident in her effective role in changing the conditions so that doubts do not hinder her entrepreneurial behavior.

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References

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