This paper empirically analyzes whether the character-based approach, which is based onthe personality structure and the human capital of business founders, allows prediction ofentrepreneurial success...

The influence of risk aversion on the decision to become self-employed is a much discussedtopic in the entrepreneurial literature. Conventional wisdom asserts that the role model of anentrepreneur requires to make risky decisions in uncertain environments and hence thatmore risk-averse...

Knapp zwei Jahre lang wurde im Auftrag des Bundesministeriums für Arbeitund Soziales die Wirksamkeit der Instrumente analysiert, die die KommissionModerne Dienstleistungen am Arbeitsmarkt im Jahre 2002 vorgeschlagenhatte, und die nachfolgend als „Hartz-Reformen“ umgesetzt worden...

Predicting entrepreneurial development based on individual and business-related characteristics is a key objective of entrepreneurship research. In this context, we investigate whether the motives of becoming an entrepreneur influence the subsequent entrepreneurial development. In our analysis,...

Self-efficacy reflects the self-belief that one can persistently perform difficult and novel tasks while coping with adversity. As such beliefs reflect how individuals behave, think, and act, they are key for successful entrepreneurial activities. While existing literature mainly analyzes the...

What makes the entrepreneurial personality is the key question we seek to answer in thespecial issue of the Journal of Economic Psychology on “Personality and Entrepreneurship”.The contributions are clustered around questions regarding the linkage between personality,socio-economic factors...

Experimental evidence reveals that there is a strong willingness to trust and to act in bothpositively and negatively reciprocal ways. So far it is rarely analyzed whether these variablesof social cognition influence everyday decision making behavior. We focus on entrepreneurswho are permanently...

Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively reciprocal ways. So far it is rarely analyzed whether these variables of social cognition influence everyday decision making behavior. We focus on entrepreneurs who are...

Based on a large, representative German household panel, we investigate to what extent the personality of individuals influences the entry decision into and the exit decision from self-employment. We reveal that some traits, such as openness to experience, extraversion, and risk tolerance affect...