The Beneficial Differentiation within Entrepreneurship of Self-Employed, Business Owner and Entrepreneur

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Abstract

This study explores the diversity among entrepreneurs with the aim to identify the innate factors behind the variation. This research is intended to explain why some entrepreneurs prefer to be self-employed in one-person businesses, while others build enterprises with numerous employees. Factor analysis of the personality traits of active entrepreneurs reveals nine entrepreneurial factor types, which are further subjected to psychological analysis. Based on leadership, innovation, social and efficiency skills, the psychological interpretation reveals three categories within entrepreneurship: the self-employed, business owner and entrepreneur. The categories exhibit inherent dissimilarities and similarities that clearly explain the discrepancies in entrepreneurs’ preferences on a profoundly personal level. The concept of entrepreneur commonly used to refer to various individuals accurately describes only one category. Instead, the concepts of self-employed and business owner better explain the related activity and outcomes of the two other categories. Accordingly, the study results suggest that the quality of support, expected outcomes and consequently socio-economic growth improve with thorough consideration by authorities of every individual’s personality or at least by consideration of which category best describes the target group of, for example, teaching and financial support.
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Detaljer

This study explores the diversity among entrepreneurs with the aim to identify the innate factors behind the variation. This research is intended to explain why some entrepreneurs prefer to be self-employed in one-person businesses, while others build enterprises with numerous employees. Factor analysis of the personality traits of active entrepreneurs reveals nine entrepreneurial factor types, which are further subjected to psychological analysis. Based on leadership, innovation, social and efficiency skills, the psychological interpretation reveals three categories within entrepreneurship: the self-employed, business owner and entrepreneur. The categories exhibit inherent dissimilarities and similarities that clearly explain the discrepancies in entrepreneurs’ preferences on a profoundly personal level. The concept of entrepreneur commonly used to refer to various individuals accurately describes only one category. Instead, the concepts of self-employed and business owner better explain the related activity and outcomes of the two other categories. Accordingly, the study results suggest that the quality of support, expected outcomes and consequently socio-economic growth improve with thorough consideration by authorities of every individual’s personality or at least by consideration of which category best describes the target group of, for example, teaching and financial support.
OriginalsprogEngelsk
TidsskriftIndustry and Higher Education
ISSN0950-4222
StatusAccepteret/In press - 2019
PublikationsartForskning
Peer reviewJa

    Forskningsområder

  • Entrepreneurial types, Personality traits, Entrepreneur, Self-Employed, Business owner, Factor analysis

Aktiviteter

ID: 286879232