a column by Margaret Dalton, Sari Pekkala Kerr and William Kerr for VOX: CEPR’s Policy Portal
Attempts to discover and describe an entrepreneurial personality – a ‘homo entreprenaurus’ – have run aground on the shoals of heterogeneity.
This column makes use of a collaborative US workspace founded in 2001 to survey four groups: entrepreneurs, non-founding CEOs/leaders, inventor employees, and other employees of innovative firms.
It finds that entrepreneurs display the greatest tolerance for risk as well as the strongest self-efficacy, internal locus of control, and need for achievement. The findings appear to confirm that entrepreneurs do indeed have distinct personalities.
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