The Influence of Personality Traits on Entrepreneurial Intentions: A Nigerian Survey.
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Creator 1. Akanbi
2. Paul Ayobami
3. Owoseni
4. Omosolape Olakitan
Title The Influence of Personality Traits on Entrepreneurial Intentions: A Nigerian Survey.
Publisher Asian Forum on Business Education (AFBE)
Publication Year 2555
Journal Title AFBE Journal
Journal Vol. 8
Journal No. 1
Page no. 80
Keyword entrepreneurship,entrepreneurial intentions,personality traits,theory of planned behaviour
ISSN 2071-7873
Abstract Entrepreneurial intentions are crucial to understanding the overall process of entrepreneurship as they serve as the key initial conduit for subsequent actions and events that are related to organizational founding. Factors that may affect an individual's intentions to found a business include the characteristics of the individual as well as the characteristics of the situation. Given that not all individuals will become entrepreneurs under comparable external circumstances, the psychological attributes of the individual constitute an integral part of entrepreneurship research. This study utilized a survey questionnaire as the instrument for collecting data. Four hundred subjects cutting across all students in a private university responded to the questionnaire. Five hypotheses were formulated and tested using multiple regression, t-test, Pearson Product Moment Correlation Coefficient and Analysis of Variance. The study revealed among other findings that the personality traits (innovativeness, risk taking behaviour and locus of control) of an individual can influence a person's entrepreneurial intentions. Based on the findings of this study, it is recommended that consideration be given to personality traits before venturing into business since the traits can help determine the entrepreneurial intentions and ultimately entrepreneurial success.
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