An empirical investigation on psychological characteristics of entrepreneurs

Abstract

This paper presents an empirical investigation on psychological characteristics of entrepreneurs in one of Iranian universities located in city of Zanjan, Iran. The proposed study of this paper uses a standard questionnaire in Likert scale and concentrates on three components of locus of control, risk taking and tolerance of ambiguity. The study chooses a sample of 350 out of 11,000 students who were enrolled in various areas and detected that students maintained higher level of risk taking (t-student = 10.999, P-value = 0.000), higher level of locus of control (t-student = 29.708, P-value = 0.000) and lower level of tolerance of ambiguity (t-student = -13.584, P-value = 0.000).

Keywords

• Psychological characteristics of entrepreneurs
• Locus of control
• Risk taking
• Tolerance of ambiguity