Personality traits of entrepreneurs – A Metanalysis

Sulaiman Rubaiyat

Bahria Uni

Keywords: Personality traits, Entrepreneurs, Meyer-Briggs Type Indicator, leadership, business, management,


Abstract

This meta-analysis examines the literature on the personality traits of entrepreneurs, drawing from articles published in high-quality journals listed in the Academic Journal Guide 2021. The study identifies and critically reviews six relevant articles published between 2020 and 2022, focusing on various aspects of entrepreneurial personality traits. The research synthesizes findings from studies investigating traits such as resilience, locus of control, narcissism, extraversion, and conscientiousness among entrepreneurs. Methodologies employed in the selected articles include quantitative approaches such as surveys, hierarchical linear modeling, structural equation modeling, and content analysis. Theoretical frameworks guiding the studies encompass cultural psychology, the Big Five personality traits, moral disengagement theory, and the Meyer-Briggs Type Indicator. Key findings suggest that certain personality traits, such as resilience and power distance, positively influence consumer perceptions and business sustainability. Moreover, traits like narcissism, conscientiousness, and openness to experience are associated with innovation and crowdfunding success. The implications for entrepreneurs underscore the importance of cultivating specific personality traits conducive to entrepreneurial success, including extroversion, conscientiousness, and a balanced locus of control. Furthermore, future research avenues are proposed, including the exploration of personality traits using the Meyer-Briggs Type Indicator categories. Overall, this meta-analysis contributes to understanding the role of personality traits in entrepreneurship and offers insights for both practitioners and researchers in the field


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