The Small Business Forum

The Small Business Forum

Factors Influencing Entrepreneurship

  • Initially, entrepreneurship was associated with personality traits. These are personality characteristics that one is born with, and which influence behaviour. Traits associated with entrepreneurship include being risk-taking, innovative or creative, or having a desire for autonomy or independence, among others.
  • An alternative view is that individuals become entrepreneurs because of their birth characteristics and upbringing. Males, firstborns, and those exposed to small business operators or parents are seen as more likely to start businesses.
  • Much more currently, entrepreneurship is associated with attitude. Attitude is the way one thinks and feels about someone or something, which may be positive or negative and influences the person’s behaviour towards the object.

Comments, Questions and Suggestions welcome.

drkibuka@thesmallbusinessforum.co.ke

+254-729524219

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