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Meta-Analyses of Individual's Success Model: Entrepreneurs and Managers

Zubair Javed, Muhammad Shayan and Sara Al-Khayar

Master of Sciences, Lyallpur Business School, Government College University Faisalabad, Pakistan
Master of Sciences, Department of Economics, Government College University Faisalabad, Pakistan
Master of Business Administration, School of Management, Jiangsu University, China

Abstract

Entrepreneurship has been recognized as much more critical due to socio-economic prosperity. This meta-analysis focuses on entrepreneurial personality with the Big Five intensified in the last five decades (the 1970s – 2020). Meta-analysis findings show that the concept and description of entrepreneurship with Big Five personalities consist of neuroticism, extraversion, openness to experience, agreeableness, and conscientiousness to compare managers and entrepreneurs. This study explored the entrepreneur's and manager's personality traits regarding performance and intention. The scales from the existing scientific research have been adopted to perform meta-analyses with self-efficacy, proactive personality, innovation, and locus of control, which showed significant correlations between business creation and success. Business foundations support risk propensity, but achievement motivation is favorable for both the foundation and success of the business for managers and entrepreneurs. There is less moderation and complementing to the meta-analyses; recent single studies on moderators and mediators have been examined.

Keywords: Meta-analyses, Big-Five, Entrepreneurs, Personality Traits, Small Businesses

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