The Psychology of Entrepreneurship

By Michael Frese, Michael M. Gielnik. 2014

215 citations recorded by the source corpus.

In this review of the psychology of entrepreneurship, we first present meta-analytic findings showing that personality dimensions, such as (general) self-efficacy and need for achievement, and entrepreneurial orientation are highly associated with entrepreneurship (business creation and business success). We then discuss constructs that were developed within entrepreneurship research, such as entrepreneurial alertness, business planning, financial capital as resources, and entrepreneurial orientation, and how they can be better understood by taking a psychological perspective. Next, we elaborate how traditional psychological constructs have been utilized in entrepreneurship and how this may enhance our knowledge in industrial and organizational psychology (with respect to, for example, knowledge, practical intelligence, cognitive biases, goals and visions, personal initiative, passion, and positive and negative affect). Finally, we provide an overall framework useful for the psychology of entrepreneurship...

Subfields: Business and International Management, Experimental and Cognitive Psychology, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/a19cb0e26c78b7aa9e554cfda3d5ae575e0c1833

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In Business and International Management

In Experimental and Cognitive Psychology

In Management of Technology and Innovation

Citations in the corpus

Measuring employee innovation:a review of existing scales and the development of the innovative behavior and innovation support inventories across cultures (2017, background): “…research on personality characteristics of entrepreneurs, which highlights their proactivity, self-efficacy (which is closely related to persistence) and innovativeness and points to no differences with regard to relating to others (e.g. agreeableness, see Frese and Gielnik, 2014 for an overview).”
Advancing the Psychology of Entrepreneurship: A Review of the Psychological Literature and an Introduction (2016, background): “It complements an excellent review of meta-analytic studies of psychological predictors of business creation and performance (Frese & Gielnik, 2014) as well as a recent review of contributions published in management, business and entrepreneurship journals (Omorede, Thorgren, & Wincent, 2014).”
Get It Together! Synergistic Effects of Causal and Effectual Decision-Making Logics on Venture Performance (2018, background): “…signals an entrepreneur’s commitment to the venture and may enhance learning by carefully thinking through all aspects of the firm; outlining structures and processes (Castrogiovanni, 1996); and collecting information on competitors, industry dynamics, and the marketplace (Frese & Gielnik, 2014).”
A reconceptualization of fear of failure in entrepreneurship (2016, background): “…prior two points, we suggest that fear of failure is an ideal construct of study for understanding the richness of the entrepreneurial motivation—a broad topic that has seen increased interest and focus in recent years (e.g., Asiedu and Nduro, 2015; Chua and Bedford, 2015; Frese and Gielnik, 2014).”