The Effect of Philosophical Mindset on Entrepreneurial Tendencies: The Case of Managers of Small and Medium Businesses

Document Type : Research Paper

Authors

1 Ph.D. Candidate, Islamic Azad University of Shahrekord, Iran

2 Assistant Professor, University of Kashan, Iran

3 Assistant Professor, Islamic Azad University of Tehran, Iran

Abstract

This article examines the effect of philosophical mindset on the entrepreneurial tendencies of small and medium businesses’ managers. A correlational study was conducted by drawing on a descriptive design. The population included 361 managers of small and medium businesses in 9 provinces. The required information was gleaned through two questionnaires. Finally, the obtained data was analyzed using the statistical path analysis and structural equation modeling. The findings showed that philosophical mindset had a significant impact on managers’ need for achievement, need for independence, creativity, risk-taking tendencies, and locus of control. Management experience, as a moderating variable influencing the philosophical mindset, had a remarkable effect on their entrepreneurial tendencies. Moreover, the proposed model explaining the relationship and the impact of philosophical mindset on entrepreneurial tendencies of small and medium businesses’ managers is found to be an appropriate model which fits in the data obtained. By developing the philosophical mindset of small and medium businesses’ managers, their entrepreneurial tendencies can be enhanced and improved.

Keywords

Journal of Entrepreneurship Development
Volume 6, Issue 4 - Serial Number 22
January 2014
Pages 95-112

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