- A-Z
- Jena Economic Resea...
- Volume 4
- Personality Traits,...
- Angeblicher Autor(in)
- Erschienen
- 2. November 2010
- Nummer des Discussion-Papers
-
2010-075
- Schlagwort(e)
-
Entrepreneurship
personality traits
professions
self-employment
the Big Five
- Zusammenfsg.
-
We investigate the effect of broad personality traits—the Big Five—on an individual’s decision to become self-employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of self-employment varies considerably across professions, we also perform the analysis for different types of professions, namely, those classified as being in the “creative class” as compared to the noncreative class. The analysis is based on micro data for individuals of the German Socio Economic Panel (SOEP). We find a significant association between personality traits and the propensity be become self-employed. However, the strength of this link is fairly weak and differs across professions, indicating an important effect of an individual’s profession on his or her decision to run an own business.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- JEL-Classification for JER
- L26 - Entrepreneurship ; Z1 - Cultural Economics; Economic Sociology; Economic Anthropology; D0 - General