The Impact of Entrepreneurial Personality Traits, Culture, and Environment on Startup Success
Bhusal, Kalpana (2025)
2025
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2025060520558
https://urn.fi/URN:NBN:fi:amk-2025060520558
Tiivistelmä
The impact of entrepreneurial personality traits on startup success was investigated across four countries, considering cultural and environmental aspects. The primary objective was to identify key personality traits contributing to startup success and analyse the influence of the cultural and environmental factors on this relationship.
An extended case studies approach was employed, examining contingency relationships between variables such as entrepreneurial traits, cultural and environmental contexts, and startup success. Qualitative data were collected through semi-structured interviews with selected successful entrepreneurs in Finland, Australia, the United Arab Emirates, and Nepal. This method facilitated rich, detailed responses, providing insights into entrepreneurs' experiences and perspectives.
The results revealed a complex interplay between personality traits, cultural, and environmental factors. Traits such as openness, self-efficacy, and conscientiousness were identified as significant contributors to startup success, with variations observed across different cultural and environmental contexts. The findings indicate that the correlation between entrepreneurial traits and startup success is influenced by both direct and indirect effects of cultural and environmental factors. A revised framework was proposed, integrating psychological motivation theories, resource-based views from economics, and sociological analysis of market structures.
It was concluded that fostering specific entrepreneurial personality traits, considering cultural and environmental contexts, can enhance startup success rates. Tailored support programs and training initiatives focusing on these traits are recommended for aspiring entrepreneurs. Further research is suggested to study the long-term effects and generality of these traits on business sustainability.
An extended case studies approach was employed, examining contingency relationships between variables such as entrepreneurial traits, cultural and environmental contexts, and startup success. Qualitative data were collected through semi-structured interviews with selected successful entrepreneurs in Finland, Australia, the United Arab Emirates, and Nepal. This method facilitated rich, detailed responses, providing insights into entrepreneurs' experiences and perspectives.
The results revealed a complex interplay between personality traits, cultural, and environmental factors. Traits such as openness, self-efficacy, and conscientiousness were identified as significant contributors to startup success, with variations observed across different cultural and environmental contexts. The findings indicate that the correlation between entrepreneurial traits and startup success is influenced by both direct and indirect effects of cultural and environmental factors. A revised framework was proposed, integrating psychological motivation theories, resource-based views from economics, and sociological analysis of market structures.
It was concluded that fostering specific entrepreneurial personality traits, considering cultural and environmental contexts, can enhance startup success rates. Tailored support programs and training initiatives focusing on these traits are recommended for aspiring entrepreneurs. Further research is suggested to study the long-term effects and generality of these traits on business sustainability.