Arbeitspapier
Personality traits, self-employment, and professions
We investigate the effect of broad personality traits' - the Big Five - on an individua'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.
- Language
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Englisch
- Bibliographic citation
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Series: Jena Economic Research Papers ; No. 2010,075
- Classification
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Wirtschaft
Entrepreneurship
- Subject
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entrepreneurship
self-employment
personality traits
the Big Five
professions
Selbstständige
Unternehmensgründung
Persönlichkeitspsychologie
Beruf
Schätzung
Deutschland
- Event
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Geistige Schöpfung
- (who)
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Fritsch, Michael
Rusakova, Alina
- Event
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Veröffentlichung
- (who)
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Friedrich Schiller University Jena and Max Planck Institute of Economics
- (where)
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Jena
- (when)
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2010
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Fritsch, Michael
- Rusakova, Alina
- Friedrich Schiller University Jena and Max Planck Institute of Economics
Time of origin
- 2010