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Linking entrepreneurial attributes to entrepreneurial performance: an empirical study of young entrepreneurs

Author

Listed:
  • Pengfei Yang

    (Qilu University of Technology, China)

  • Yanhong Yu

    (Qilu University of Technology, China)

  • Junying Li

    (Qilu University of Technology, China)

  • Feng Ma

    (Qilu University of Technology, China)

Abstract

Young entrepreneurs play a major role of entrepreneurship, but their average successful rate is only about 2%, showing very low entrepreneurial performance. The entrepreneurial attribute of young entrepreneurs, which greatly influences entrepreneurial performance, includes many aspects and may interact complicatedly with each other, posing great challenges to the cultivation of entrepreneurial talents. In this paper, the constitution of entrepreneurial attribute was systematically summarized as entrepreneurial personality, entrepreneurial competence and entrepreneurial knowledge. The relationship between entrepreneurial performance and these three parts was then empirically studied. It was found that the influence of entrepreneurial knowledge was the most significant and entrepreneurial competence took the second place. Moreover, the direct impact of entrepreneurial personality on entrepreneurial performance was not significant, which was completely mediated by entrepreneurial knowledge and entrepreneurial competence. These three variables of entrepreneurial personality, entrepreneurial competence, and entrepreneurial knowledge explained 60.1% variation of entrepreneurial performance, which indicated that the empirical results verified the theoretical model well. These findings not only make a breakthrough in the theoretical research of entrepreneurial attribute, but also have practical applications on cultivation and education strategy of young entrepreneurs.

Suggested Citation

  • Pengfei Yang & Yanhong Yu & Junying Li & Feng Ma, 2025. "Linking entrepreneurial attributes to entrepreneurial performance: an empirical study of young entrepreneurs," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 13(1), pages 75-86, September.
    • Handle: RePEc:ssi:jouesi:v:13:y:2025:i:1:p:75-86
    DOI: 10.9770/n8338648377
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    References listed on IDEAS

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    1. Laouiti, Rahma & Haddoud, Mohamed Yacine & Nakara, Walid Adam & Onjewu, Adah-Kole Emmanuel, 2022. "A gender-based approach to the influence of personality traits on entrepreneurial intention," Journal of Business Research, Elsevier, vol. 142(C), pages 819-829.
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    JEL classification:

    • L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other

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