Document from the year 2017 in the subject Business economics – Business Management, Corporate Governance, grade: 2, 3, University of Malta (Edward de Bono Institute), course: Entrepreneurship & Business Venturing, language: English, abstract: A brief description of entrepreneurial traits and the respective literature.
The traits of entrepreneurs are, supposedly because of their mere complexity, a topic that catches the interest of many researchers. So far many thoughts and theories have been postulated. This part focuses on some of them to gain an understanding about what research knows so far about the entrepreneurial mindset.
Various researchers suggest that entrepreneurs underlie a variance of personality traits. These distinct them from others and is in the view of these researchers a major driver of entrepreneurial action such as opportunity identification. For instance the latter is viewed by Shane and Venkataraman (2000) as defining for entrepreneurship as they see it as the “the discovery and exploitation of profitable opportunities” (p. 217). Furthermore Wickham (2006) states that “the good entrepreneur is constantly searching for new opportunities. In effect, this means that they are never really satisfied with the way things are at any moment in time.” (p. 99). […]
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