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Entrepreneurial orientation and psychological traits : the moderating influence of supportive environment

by Donatus Okhomina
Journal of Behavioral Studies in Business ()
  • ISSN: 19415508

Abstract

Positive environmental influences are important factors in the success of an entrepreneurial venture. Environmental factor such as supportive environment may have a moderating influence on the relationship between psychological traits and entrepreneurial orientation. A cross-sectional study was conducted among entrepreneurs in a capitol city situated in a Southern Metropolitan Statistical Area (SMSA). Results of the study support significant positive relationships between psychological traits and entrepreneurial orientation. Findings also suggest that supportive environment moderate the relationships of psychological traits and entrepreneurial orientation. Overall, research findings have a number of theoretical and managerial implications. For example, venture capitalists, management practitioners, and other business professionals who are involved in high risk ventures may employ this entrepreneurial orientation model as a useful tool to assess entrepreneurial capabilities, managerial tendencies that may improve return on investment relative to human capital. Also, it may be a useful tool for selecting team members for new business start ups, and evaluating applicants for intrapreneurship positions in the corporate world. Another implication is in the area of entrepreneurship pedagogy, linking the relationship between psychological traits and entrepreneurial orientation could be used as a technique for identifying students for entrepreneurial careers. In addition, this study was conducted with actual entrepreneurs in the service sector. Prior studies have drawn their samples from mostly students, managers and non-entrepreneurs; and the service sector has received very little attention in previous entrepreneurship research, yet it represents one of the fastest growing sectors in the global econom

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62 Readers on Mendeley
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34% Ph.D. Student
 
23% Student (Master)
 
10% Student (Postgraduate)
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2% South Africa
 
2% United Kingdom
 
2% Italy

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