Personality Traits and Self-Efficacy as Predictors of Business Performance: a Longitudinal Study
Journal Title: Roczniki Psychologiczne - Year 2016, Vol 19, Issue 1
Abstract
The aim of this study was to analyze the role of the five-factor model (FFM) of personality and self-efficacy as predictors of business performance in nascent entrepreneurs in cultural and creative industries (n = 81). The study was prospective and longitudinal – the assessment of personality preceded the start of a self-owned business by the participants – and an assessment of business performance was conducted twice: seven months and about a year after starting the business. The results showed that the participants were less neurotic, more extraverted, more open to experience, and more conscientious and had a stronger sense of general self-efficacy in comparison to the general population. The FFM traits were weak but significant predictors of business performance; the strongest predictive traits were extraversion, neuroticism, and entrepreneurial self-efficacy. Some analyses including neuroticism and extraversion supported the hypothesized mediating role of self-efficacy in the relationship between personality traits and some indices of business performance. The results are discussed in the context of previous studies, including meta-analyses.
Authors and Affiliations
Magdalena Kaczmarek, Piotr Kaczmarek-Kurczak
Keywords
Related Articles
- EP ID EP144234
- DOI http://dx.doi.org/10.18290/rpsych.2016.19.1-4en
- Views 62
- Downloads 0
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