“…When it comes to psychological and cognitive factors, certain authors have found that, in comparison with other people, entrepreneurs show some personality traits, such as strong orientation, individual control, and propensity to risks, endurance and intelligence (Peng, Lu, & Kang, 2012), creativity, self-confidence, (Goyanes, 2015), locus of control, need for achievement (Rokhman & Ahamed, 2015), ability to recognize opportunities, the fear of failure (Camelo-Ordaz, Di anez-Gonz alez, & Ruiz-Navarro, 2016). However, other researchers believe that these personality traits cannot be taken as an effective and only explanation of entrepreneurial intentions (Peng et al, 2012).…”