{"title":"Psychological factors predicting the likelihood of youth entrepreneurship in Ethiopia","authors":"H. M. Ahmed, Yimer Ayalew Ahmed, Murad Thomran","doi":"10.3233/hsm-220034","DOIUrl":null,"url":null,"abstract":"BACKGROUND: Entrepreneurship is a critical strategic instrument for any country’s overall social and economic sustainable growth. OBJECTIVE: This study aimed to address the psychological characteristics that predict the likelihood of youth considering entrepreneurship in Ethiopia. METHODS: To achieve this objective, this study used a quantitative research approach and an explanatory research design. The study’s target group was 9850 entrepreneurs who are currently engaged in a variety of entrepreneurial activities. Using a multistage sampling technique, the researchers selected 385 respondents as a sample size out of the target population. RESULTS: This study used a survey questionnaire as a tool for data collection and applied binary logistic regression analysis for the data analysis. The study found that psychological traits factors, such as the need for achievement, need for independence, locus of control, and risk-taking prosperity variables, are significant in predicting the likelihood of youth considering entrepreneurship as an attractive life venture. CONCLUSIONS: By looking at the influence of personality factors on entrepreneurial intentions, this study adds to the current body of knowledge in entrepreneurship research. The study contributes to policymakers and other stakeholders to support micro and small enterprises. Furthermore, owners and practitioners can utilize the findings of this study as a guide.","PeriodicalId":13113,"journal":{"name":"Human systems management","volume":" ","pages":""},"PeriodicalIF":1.5000,"publicationDate":"2022-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Human systems management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3233/hsm-220034","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 1
Abstract
BACKGROUND: Entrepreneurship is a critical strategic instrument for any country’s overall social and economic sustainable growth. OBJECTIVE: This study aimed to address the psychological characteristics that predict the likelihood of youth considering entrepreneurship in Ethiopia. METHODS: To achieve this objective, this study used a quantitative research approach and an explanatory research design. The study’s target group was 9850 entrepreneurs who are currently engaged in a variety of entrepreneurial activities. Using a multistage sampling technique, the researchers selected 385 respondents as a sample size out of the target population. RESULTS: This study used a survey questionnaire as a tool for data collection and applied binary logistic regression analysis for the data analysis. The study found that psychological traits factors, such as the need for achievement, need for independence, locus of control, and risk-taking prosperity variables, are significant in predicting the likelihood of youth considering entrepreneurship as an attractive life venture. CONCLUSIONS: By looking at the influence of personality factors on entrepreneurial intentions, this study adds to the current body of knowledge in entrepreneurship research. The study contributes to policymakers and other stakeholders to support micro and small enterprises. Furthermore, owners and practitioners can utilize the findings of this study as a guide.
期刊介绍：
Human Systems Management (HSM) is an interdisciplinary, international, refereed journal, offering applicable, scientific insight into reinventing business, civil-society and government organizations, through the sustainable development of high-technology processes and structures. Adhering to the highest civic, ethical and moral ideals, the journal promotes the emerging anthropocentric-sociocentric paradigm of societal human systems, rather than the pervasively mechanistic and organismic or medieval corporatism views of humankind’s recent past. Intentionality and scope Their management autonomy, capability, culture, mastery, processes, purposefulness, skills, structure and technology often determine which human organizations truly are societal systems, while others are not. HSM seeks to help transform human organizations into true societal systems, free of bureaucratic ills, along two essential, inseparable, yet complementary aspects of modern management: a) the management of societal human systems: the mastery, science and technology of management, including self management, striving for strategic, business and functional effectiveness, efficiency and productivity, through high quality and high technology, i.e., the capabilities and competences that only truly societal human systems create and use, and b) the societal human systems management: the enabling of human beings to form creative teams, communities and societies through autonomy, mastery and purposefulness, on both a personal and a collegial level, while catalyzing people’s creative, inventive and innovative potential, as people participate in corporate-, business- and functional-level decisions. Appreciably large is the gulf between the innovative ideas that world-class societal human systems create and use, and what some conventional business journals offer. The latter often pertain to already refuted practices, while outmoded business-school curricula reinforce this problematic situation.
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