Psychological factors predicting the likelihood of youth entrepreneurship in Ethiopia

IF 1.5 Q3 MANAGEMENT

Human systems management Pub Date : 2022-10-06 DOI:10.3233/hsm-220034

H. M. Ahmed, Yimer Ayalew Ahmed, Murad Thomran

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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.

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预测埃塞俄比亚青年创业可能性的心理因素

背景：创业是任何国家实现整体社会和经济可持续增长的重要战略工具。目的：本研究旨在探讨预测埃塞俄比亚青年考虑创业可能性的心理特征。方法：为了达到这一目的，本研究采用了定量研究方法和解释性研究设计。该研究的目标群体是9850名企业家，他们目前正在从事各种创业活动。研究人员采用多阶段抽样技术，从目标人群中选择385名受访者作为样本。结果：本研究采用调查问卷作为数据收集工具，并采用二元逻辑回归分析进行数据分析。研究发现，心理特征因素，如成就需求、独立需求、控制点和冒险繁荣变量，在预测年轻人将创业视为有吸引力的人生冒险的可能性方面具有重要意义。结论：通过观察人格因素对创业意向的影响，本研究增加了创业研究的现有知识。该研究有助于决策者和其他利益攸关方支持微型和小型企业。此外，所有者和从业者可以利用这项研究的结果作为指导。

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来源期刊

Human systems management MANAGEMENT-

CiteScore

3.50

自引率

30.40%

发文量

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.