Please use this identifier to cite or link to this item: http://dspace.dtu.ac.in:8080/jspui/handle/repository/18469
Title: Holistic Relational Study between Entrepreneurial Intentions and Personality Traits
Authors: APURVA, AVIRAL
JAIN, DIKSHITA
Keywords: Holistic Relational Study
Entrepreneurial Intentions
Personality Traits
qualitative research
Issue Date: 31-May-2021
Abstract: This research was done to know the dependence of personality traits on the entrepreneur intentions of an individual. Personality traits differ from individual to individual and reflect a person's characteristics, patterns of thoughts and feelings. Therefore, to be an entrepreneur these personality traits of an individual may impact. Entrepreneurial intention is when a person moves towards the direction of becoming an entrepreneur. Thus, this research was done to know the relationship between personality traits and entrepreneurial intention. For the same qualitative as well as quantitative research was carried out. In case of quantitative research, a survey was conducted among MBA students of Delhi NCR and analysis was done on 120 participants. The result from this research was that all personality traits showed positive correlation with the entrepreneurial intentions except for neuroticism which showed an inverse relationship . In case of qualitative research a telephonic interview was conducted for about 21 entrepreneurs at different stages of entrepreneurship (nascent, mid and seasoned). Their opinions and state of mind was noted and analysed. Therefore, it can be said that different dimensions of personality traits have a positive effect on the entrepreneurial intentions of an individual.
Description: INTRODUCTION 1.1 Entrepreneurship First of all before undertaking this project we need to be very sure what entrepreneurship is. Entrepreneurship is basically a career path that an individual takes when they decide to become a job creator rather than becoming a person who seeks the job. Entrepreneurs are very important aspects and elements of a nation because they are the ones which shape the core of a nation from the perspective of financial as well as developmental growth of a nation. Entrepreneurial journey is considered one of the most rigorous as well as challenging paths to take because there are a lot of uncertainties that are involved in this roadmap. That is why there are very few people who choose this as their career path and take on the challenges that come with it. Entrepreneurship is not a process that a person follows, it's a mindset of an individual to become a problem solver by creating solutions to already existing problems in the society or any landscape rather than just pointing out towards the problems that exist in the society. Being an entrepreneur requires a lot of things at once, for example a person needs to be a problem solver, empathetic leader as well as a person who can drive the change or motivation of change within its team to tackle the problem and find a solution for it. That is why there are a lot of importance that is associated with entrepreneurship, I'm of these importances are: ● Entrepreneurs are the ones who create jobs- this is important because we know that foreign progress of a nation it's very very important to provide jobs and opportunities to the younger crowd and talent of the nation that is why entrepreneurs are the key element of the society as they create this opportunity maybe on a large scale or a small scale for the masses in the society. ● Entrepreneurs are the ones who innovate - this is important to understand because the conventional challenges and the problems that the society face these entrepreneurs are the ones who innovate by leveraging existing technologies as well as various out-of-the-box approaches to solve that particular problem of the society and overcome the challenge. 9 Why it's very important for entrepreneurs to innovate and keep on thinking out of the box to find a solution. ● Entrepreneurs are the one who can create change or aspire to create change- this means that it is very important for entrepreneurs to become good leaders because based on their leadership they will be able to bring in the change that the society needs as well as under their leadership different people can also aspire to become change makers by becoming innovators and entrepreneurs to create opportunities as well as get into the domain of entrepreneurship. ● Entrepreneurs cater to the financial health of the nation- it is very important to also note that the entrepreneurs are the one who, with creating a lot of opportunities, create a scenario of development of the nation financially. This is true in today's world because as the globalisation has happened with the industries, even a small business owner sitting from one nation can run its operations in different countries which will promote and boost the financial economy of the nation in a broader perspective.
URI: http://dspace.dtu.ac.in:8080/jspui/handle/repository/18469
Appears in Collections:MBA

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