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Flashcards in Psychology / Personality Deck (8)
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1

Personality

Dispositions to (re)act in a certain way across
Various situations

Influenced by genetics and environment, especially in childhood

Personality traits relate to broad personality factors;
e.g. temperament, motives, attitudes, beliefs etc.

2

Big 5 Personality

Extraversion
Neuroticism
Agreeableness
Conscientiousness
Openness

3

Entrepreneurs are more likely to have these two big 5 traits

high Conscientious
high Openness

4

Entrepreneurs are less likely to have these two big 5 traits

Neuroticism
Agreeableness

5

David McClelland's Theory of Motivational Needs

Internal forces that push people into certain actions
All individuals are driven by 3 basic needs

Dominant needs may change over course of life

-Need for Achievement
preference for high standards desire of success

-Need for Power
Preference of having an impact, being influential, controlling others

-Need for Autonomy
Preference for making independent decisions, being in control, setting own goals

6

Three Needs According to McClelland's

-Need for Achievement
preference for high standards desire of success

-Need for Power
Preference of having an impact, being influential, controlling others

-Need for Autonomy
Preference for making independent decisions, being in control, setting own goals

7

Generalized Attitudes and Beliefs of Entrepreneurs (3)

-Risk Taking Propensity

-Generalized Self-Efficacy

-Internal Locus of control
Belief that reinforcements are contingent on own behavior, capacities, attributes

8

Relationship between Personality and Entrepreneurship

There is no deterministic relationship between
characteristics facilitating an entrepreneurial career and success

-Typical Profiles are based on average scores
- Profiles do not take into account things like manager's role