Purpose:
We examine gender differences in personality traits of people with
and without entrepreneurial intent to assess whether women who intend to
become entrepreneurs exhibit particular tendencies that can be fostered.
Design/Methodology/Approach:
Participants completed an online battery of well-established
questionnaires to cover a range of personality traits relevant to
entrepreneurship and gender. Participants also answered items concerning
intent to become an entrepreneur. A factor analysis of personality traits
produced four factors (Esteem and Power, Ambition, Risk Propensity, and
Communal Tendency, the latter reflecting Openness and Cooperation, without
Hubris). We constructed four parallel regression models to examine how
gender, entrepreneurial intent, and the interaction of gender with intent
related to these four personality factor scores.
Findings:
Participants who endorsed a desire to become an entrepreneur reported
higher Ambition. Women with entrepreneurial intentions endorsed higher
levels of Communal Tendency than men with entrepreneurial intent. Those
without entrepreneurial intent did not show gender differences in Communal
Tendency.
Implications:
Current findings suggest that men and women who intend to become
entrepreneurs share many traits, but women with entrepreneurial intent show
unique elevations in communal tendencies. Thus, a worthwhile locus for
intervention into the gender disparity in self-employment may be providing
space for and acknowledgement of prosocial motivation and goals as one
successful route to entrepreneurship.
Originality/value:
Given the underutilized economic potential of women entrepreneurs,
there is a fundamental need for a rich array of research on factors that
limit and promote women’s entry into entrepreneurship. Current
findings indicate that personality may be one piece of this puzzle.
Psychiatric conditions and sub-threshold psychiatric temperaments may influence entrepreneurs' affect, cognition, energy, motivation, circadian rhythms, activity levels, self-concept, creativity, and interpersonal behaviors in ways that influence business outcomes. We used a self-report survey to examine the prevalence and co-occurrence of five psychiatric conditions among 242 entrepreneurs and 93 comparison participants. Mental health differences directly or indirectly affected 72% of the entrepreneurs in this sample, including those with a personal mental health history (49%) and family mental health history among the asymptomatic entrepreneurs (23%). Entrepreneurs reported experiencing more depression (30%), ADHD (29%), substance use (12%), and bipolar disorder (11%) than comparison participants. Furthermore, 32% of the entrepreneurs reported having two or more mental health conditions, while 18% reported having three or more mental health conditions. Asymptomatic entrepreneurs (having no mental health issues) with asymptomatic families constituted only 24% of the entrepreneur participants. Entrepreneurs' psychiatric issues can affect their functioning and that of their ventures. Therefore, integrating knowledge about psychiatric conditions with research on personality traits can broaden the understanding of how mental healthrelated traits, states, and family history can influence entrepreneurial outcomes. We discuss methodological limitations as well as implications of our findings for entrepreneurship research and practice.
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