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ENTR 207 Week 2 Theories of entrepreneurial Behaviour The personality perspective: Trait Theory Dr Luke Pittaway
What is the personality perspective?  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The personality perspective: Why focus on defining entrepreneurial traits? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Key objectives:
Single trait approaches:  Achievement Motivation (n-Ach) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Single trait approaches: Risk-Taking Propensity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Single trait approaches: Locus of Control ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Multi-trait approaches ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Methodological criticisms of trait theory ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Philosophical criticisms of trait theory  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The born versus made/ nature versus nurture debate INFLUENCES ON OWNER-MANAGERS  AND ENTREPRENEURS Personal  character traits Antecedent influences Situational  factors  Culture of society From: Burns, 2001
The contribution of the  personality perspective ,[object Object],[object Object],[object Object],[object Object],‘ If more research is desired about small business ventures, then one must learn more about the individuals who create and  manage them, because the two are inextricably bound’  (Carland et al, 1988; p34). ,[object Object],[object Object],[object Object]
Rethinking the personality perspective ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The importance of learning and experience ‘ While there is an undeniable core of such inborn characteristics as energy and raw intelligence, which an entrepreneur either has or does not, it is becoming apparent that possession of these traits does not an entrepreneur make. There is also a good deal of  evidence that entrepreneurs are born and made better and that certain attitudes and behaviours can be acquired, developed, practised and refined – through a combination of experience and study… … not all attitudes and behaviours can be acquired by everyone at the same pace and with the same proficiency…Painstaking effort may  be required, and much will depend on the motivation of an individual to grow, but it seems people have an astounding capacity to change  and learn if they are so motivated and committed to do so’. (Timmons, 1999; p219)
References ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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ENTREPRNEURSHIP

  • 1. ENTR 207 Week 2 Theories of entrepreneurial Behaviour The personality perspective: Trait Theory Dr Luke Pittaway
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  • 10. The born versus made/ nature versus nurture debate INFLUENCES ON OWNER-MANAGERS AND ENTREPRENEURS Personal character traits Antecedent influences Situational factors Culture of society From: Burns, 2001
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  • 13. The importance of learning and experience ‘ While there is an undeniable core of such inborn characteristics as energy and raw intelligence, which an entrepreneur either has or does not, it is becoming apparent that possession of these traits does not an entrepreneur make. There is also a good deal of evidence that entrepreneurs are born and made better and that certain attitudes and behaviours can be acquired, developed, practised and refined – through a combination of experience and study… … not all attitudes and behaviours can be acquired by everyone at the same pace and with the same proficiency…Painstaking effort may be required, and much will depend on the motivation of an individual to grow, but it seems people have an astounding capacity to change and learn if they are so motivated and committed to do so’. (Timmons, 1999; p219)
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