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The Regional Distribution and Correlates of an Entrepreneurship-Prone Personality Profile in the United States, Germany, and the United Kingdom: A Socioecological Perspective

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  • Martin Obschonka
  • Eva Schmitt-Rodermund
  • Rainer K. Silbereisen
  • Samuel D. Gosling
  • Jeff Potter
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    Abstract

    In recent years the topic entrepreneurship has become a major focus in the social sciences, with renewed interest in the links between personality and entrepreneurship. Taking a socioecological perspective to psychology, which emphasizes the role of social habitats and their interactions with mind and behavior, we investigated regional variation in and correlates of an entrepreneurship-prone Big Five profile. Specifically, we analyzed personality data collected from over half a million U.S. residents (N = 619,397) as well as public archival data on state-level entrepreneurial activity (i.e., business-creation and self-employment rates). Results revealed that an entrepreneurship-prone personality profile is regionally clustered. This geographical distribution corresponds to the pattern that can be observed when mapping entrepreneurial activity across the U.S.. Indeed, the state-level correlation (N = 51) between an entrepreneurial personality structure and entrepreneurial activity was positive in direction, substantial in magnitude, and robust even when controlling for regional economic prosperity. These correlations persisted at the level of U.S. Metropolitan Statistical Areas (N = 15) and were replicated in independent German (N = 19,842; 14 regions) and British samples (N = 15,617; 12 regions). In contrast to these profile-based analyses, an analysis linking the individual Big Five dimensions to regional measures of entrepreneurial activity did not yield consistent findings. Discussion focuses on the implications of these findings for interdisciplinary theory development and practical applications.

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    Bibliographic Info

    Paper provided by DIW Berlin, The German Socio-Economic Panel (SOEP) in its series SOEPpapers on Multidisciplinary Panel Data Research with number 550.

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    Length: 61 p.
    Date of creation: 2013
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    Handle: RePEc:diw:diwsop:diw_sp550

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    1. Richard Florida & Zoltan Acs & Sam Youl Lee, 2004. "Creativity and Entrepreneurship: A Regional Analysis of New Firm Formation," Papers on Entrepreneurship, Growth and Public Policy, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group 2004-17, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
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    5. Stuetzer, Michael & Obschonka, Martin & Schmitt-Rodermund, Eva, 2012. "Balanced skills among nascent entrepreneurs," MPRA Paper 37524, University Library of Munich, Germany.
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    14. de Vries, Robert & Gosling, Samuel & Potter, Jeff, 2011. "Income inequality and personality: Are less equal U.S. states less agreeable?," Social Science & Medicine, Elsevier, Elsevier, vol. 72(12), pages 1978-1985, June.
    15. Zhang, Zhen & Arvey, Richard D., 2009. "Rule breaking in adolescence and entrepreneurial status: An empirical investigation," Journal of Business Venturing, Elsevier, vol. 24(5), pages 436-447, September.
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