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Students’ Propensity To Innovate: Correlates, Determinants, And Impact On GPA

Author

Listed:
  • Mariia Evdokimova

    (National Research University Higher School of Economics)

  • Anastasia Stepanova

    (National Research University Higher School of Economics)

Abstract

This paper investigates the correlates and determinants of the propensity to innovate (PtI), measured as innovative cognitive style according to Kirton (1976), and its impact on grade point average (GPA). Determinants were chosen based on Schweizer’s (2006) novelty generation model: sensation seeking, creativity, risk-taking, and proactivity. The data were collected from 203 students from HSE University (125 females and 78 males) by survey and were analysed using correlation and regression analysis. Correlation analysis revealed significant positive relations between PtI, sensation seeking, creativity, risk-taking, and proactivity. According to the determinants analysis, risk taking measured as liking extreme sports and self-estimated high-risk attitude all increase PtI, while parental higher education decreases it. Female students are less prone to innovate compared to male students. GPA analysis showed that a high propensity to innovate reduces the GPA of economics students, and that adaptors' success in studying depends on a set of factors that differs from factors leading to the success innovators' group. The paper contributes to knowledge about individual PtI, its correlates, determinants, and impact on GPA. As far as we know, this is the first study which uses such a combination of factors, especially regarding the inclusion of risk-taking as a determinant of PtI.

Suggested Citation

  • Mariia Evdokimova & Anastasia Stepanova, 2023. "Students’ Propensity To Innovate: Correlates, Determinants, And Impact On GPA," HSE Working papers WP BRP 265/EC/2023, National Research University Higher School of Economics.
    • Handle: RePEc:hig:wpaper:265/ec/2023
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    References listed on IDEAS

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    JEL classification:

    • G41 - Financial Economics - - Behavioral Finance - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making in Financial Markets

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