The Hunt for the Heffalump Continues: Can Trait and Cognitive Characteristics Predict Entrepreneurial Orientation?

Authors

  • Eva Cools Vlerick Leuven Gent Management School, Ghent University, Belgium
  • Van den Broeck Vlerick Leuven Gent Management School, Ghent University, Belgium

Abstract

In this paper, we aimed to get more insight into what typifies Flemish entrepreneurs. Therefore, we compared entrepreneurs with non-entrepreneurs for five characteristics (tolerance for ambiguity, self-efficacy, proactive personality, locus of control, need for achievement) and for cognitive styles. Additionally, we used these trait and cognitive characteristics to predict variances in entrepreneurial orientation (EO). We found that entrepreneurs (n = 177) score significantly higher on all traits than non-entrepreneurs (n = 60). For the cognitive styles (measured with the Cognitive Style Indicator), we found that non-entrepreneurs score higher on the knowing and planning style. No differences were found for the creating style. With regard to the link between the entrepreneur's profile and EO, we found a significant contribution of tolerance for ambiguity and proactive personality to EO.

References

Allinson, C.W., Cheli, E., & Hayes, J. (2000). Intuition and Entrepreneurial Behaviour. European Journal of Work and Organizational Psychology, 9(1): 31-43.

Aloulou, W., & Fayolle, A. (2005). A Conceptual Approach of Entrepreneurial Orientation within Small Business Context. Journal of Enterprising Culture, 13(1): 21-45.

Auger, P., Barnir, A., & Gallaugher, J.M. (2003). Strategic Orientation, Competition, and Internet-based Economic Commerce. Information Technology and Management, 4(2): 139-164.

Bandura, A. (1997). Self-efficacy: The Exercise of Control. New York: Freeman.

Baron, R.A. (2004). The Cognitive Perspective: A Valuable Tool Answering Entrepreneurship's Basic "Why" Questions. Journal of Business Venturing, 19(2): 221-239.

Bateman, T.S., & Crant, J.M. (1993). The Proactive Component of Organizational Behavior: A Measure and Correlates. Journal of Organizational Behavior, (14)2: 103-118.

Becherer, R.C., & Maurer, J.G. (1999). The Proactive Personality Disposition and Entrepreneurial Behavior among Small Company Presidents. Journal of Small Business Management, 37(1): 28-36.

Begley, T.M. (1995). Using Founder Status, Age of Firm, and Company Growth Rate as the Basis for Distinguishing Entrepreneurs from Managers of Smaller Businesses. Journal of Business Venturing, 10(3): 249-263.

Blau, G.J. (1993). Testing the Relationship of Locus of Control to Different Performance Dimensions. Journal of Occupational and Organizational Psychology, 66(2): 125-138.

Boone, C., De Brabander, B., & Van Witteloostuijn, A. (1996). CEO Locus of Control and Small Firm Performance: An Integrative Framework and Empirical Test. Journal of Management Studies, 33(5): 667-699.

Bouckenooghe, D., Cools, E., Vanderheyden, K, & Van den Broeck, H. (2005). In Search for the Heffalump: An Exploration of Cognitive Style Profiles Among Flemish Entrepreneurs. Journal of Applied Management and Entrepreneurship, 10(4): 58-75.

Boyd, N.G., & Vozikis, G.S. (1994). The Influence of Self-Efficacy in the Development of Entrepreneurial Intentions and Actions. Entrepreneurship Theory and Practice, 18(4): 63-90.

Bridge, S., O'Neill, K., & Cromie, S. (2003). Understanding Enterprise: Entrepreneurship and Small Business (second edition). New York: Palgrave Macmillan.

Brigham, K.H., De Castro, J.O., & Shepherd, D.A. (2007). A Person-Organization Fit Model of Owner-Managers' Cognitive Style and Organizational Demands. Entrepreneurship Theory and Practice, 31:29-51.

Buttner, E.H., & Gryskiewicz, N. (1993). Entrepreneurs' Problem-Solving Styles: An Empirical Study Using the Kirton Adaption/Innovation Theory. Journal of Small Business Management, 31(1): 22-31.

Chen, C.C., Greene, P.G., & Crick, A. (1998). Does Entrepreneurial SelfEfficacy Distinguish Entrepreneurs from Managers? Journal of Business Venturing, 13(4): 295-316.

Chen, G., Gully, S.M., & Eden, D. (2001). Validation of a New General Self-Efficacy Scale. Organizational Research Methods, 4(1): 62-83.

Chen, M.J., & Hambrick, D.C (1995). Speed, Stealth, and Selective Attack: How Small Firms Differ from Large Firms in Competitive Behavior. Academy of Management Journal, 38(2): 453-482.

Collins, C.J., Hanges, P., & Locke, E.A. (2004). The Relationship of Need for Achievement to Entrepreneurship: A Meta-Analysis. Human Performance, 17(1): 95-117.

Cools, E., & Van den Broeck, H. (2007). Development and Validation of the Cognitive Style Indicator. The Journal of Psychology: Interdisciplinary and Applied, 141(4): 359-387.

Covin, J.G., & Slevin, D.P. (1989). Strategic Management of Small Firms in Hostile and Benign Environments. Strategic Management Journal, 10(1): 75-87.

Crant, J.M. (1996). The Proactive Personality Scale as a Predictor of Entrepreneurial Intentions. Journal of Small Business Management, 34(3): 42-49.

Crant, J.M. (2000). Proactive Behaviour in Organizations. Journal of Management, 26(3): 435-462.

Cromie, S. (2000). Assessing Entrepreneurial Inclinations: Some Approaches and Empirical Evidence. European Journal of Work and Organizational Psychology, 9(1): 7-30.

Curran, J., & Blackburn, R.A. (2001). Researching the Small Enterprise. London: Sage.

Damanpour, F. (1992). Organization Size and Innovation. Organization Studies, 13(3): 375-402.

Delmar, F. (2000). The Psychology of the Entrepreneur. In: S. Carter & D. Jones-Evans (Eds.), Enterprise and Small Business. London: Pearson Education, 142-143.

Dodge, H.R., & Robbins, J.E. (1992). An Empirical Investigation of the Organizational Life Cycle Model for Small Business Development and Survival. Journal of Small Business Management, 30(1): 27-37.

Drucker, PF. (1985). Innovation and Entrepreneurship: Practice and Principles. New York: Harper & Row.

Entrialgo, M., Fernández, E., & Vázquez, CJ. (2000). Characteristics of Managers as Determinants of Entrepreneurial Orientation: Some Spanish Evidence. Enterprise & Innovation Management Studies, 1(2): 187-205.

Florin, J., Karri, R., & Rossiter, N. (2007). Fostering Entrepreneurial Drive in Business Education: An Attitudinal Approach. Journal of Management Education, 31(1): 17-42.

Furnham, A., & Ribchester, T. (1995). Tolerance of Ambiguity: A Review of the Concept, Its Measurement and Applications. Current Psychology, 14(3): 179-200.

Gallén, T. (1997). The Cognitive Style and Strategic Decisions of Managers. Management Decision, 35(78): 541-551.

Gallén, T. (2006). Managers and Strategic Decisions: Does the Cognitive Style Matter? Journal of Management Development, 25: 118-133.

Grenier, S., Barrette, A.-M., & Ladouceur, R. (2005). Intolerance of Uncertainty and Intolerance of Ambiguity: Similarities and Differences. Personality and Individual Differences, 39(3): 593-600.

Hansemark, O.C. (2003). Need for Achievement, Locus of Control and the Prediction of Business Start-ups: A Longitudinal Study. Journal of Economic Psychology, 24(3): 301-319.

Hayes, J, & Allinson, CW. (1998). Cognitive Style and the Theory and Practice of Individual and Collective Learning in Organizations. Human Relations, 51(7): 847-871.

Hisrich, R.D. (1990). Entrepreneurship/ Intrapreneurship. American Psychologist, 45(2): 209-222.

Hodgkinson, G.P., & Sadler-Smith, E. (2003). Complex or Unitary? A Critique and Empirical Re-assessment of the Allinson-Hayes Cognitive Style Index. Journal of Occupational and Organizational Psychology, 76(2): 243-268.

Hough, J.R., & Ogilvie, dt (2005). An Empirical Test of Cognitive Style and Strategic Decision Outcomes. Journal of Management Studies, 42(2): 417-448.

Hurt, H.T., Joseph, K., & Cook, CD. (1977). Scales for the Measurement of Innovativeness. Human Communication Research, 4(1): 58-65.

Johnson, B.R. (1990). Towards a Multidimensional Model of Entrepreneurship: The case of Achievement Motivation and the Entrepreneur. Entrepreneurship Theory and Practice, 14(3): 39-54.

Judge, TA., Thoresen, CJ., Pucik, V, & Welbourne, TM. (1999). Managerial Coping with Organizational Change: A Dispositional Perspective. Journal of Applied Psychology, 84(1): 107-122.

Kickul, J., & Gundry, L.K. (2002). Prospecting for Strategic Advantage: The Proactive Entrepreneurial Personality and Small Firm Innovation. Journal of Small Business Management, 40(2): 85-97.

Kickul, J., & Krueger, N. (2004). A Cognitive Processing Model of Entrepreneurial Self-Efficacy and Intentionality. In: S.A. Zahra et al. (Eds.), Frontiers of Entrepreneurship Research. Wellesley, MA: Babson College, Center for Entrepreneurial Studies, 607-619..

Kirton, M.J. (Ed.) (1994). Adaptors and Innovators: Styles of Creativity and Problem Solving. New York: Routledge.

Koh, H.C. (1996). Testing Hypotheses of Entrepreneurial Characteristics: A Study of Hong Kong MBA Students. Journal of Managerial Psychology, 11(3): 12-25.

Kozhevnikov, M. (2007). Cognitive Styles in the Context of Modern Psychology: Toward an Integrated Framework of Cognitive Style. Psychological Bulletin, 133(3): 464-481.

Kraus, S.I., Frese, M., Friedrich, C, & Unger, J.M. (2005). Entrepreneurial Orientation: A Psychological Model of Success among Southern African Small Business Owners. European Journal of Work and Organizational Psychology, 14(3): 315-344.

Kreiser, P.M., Marino, L.D., & Weaver, K.M. (2002). Assessing the Psychometric Properties of the Entrepreneurial Orientation Scale: A Multi-Country Analysis. Entrepreneurship Theory and Practice, 26(4): 71-94.

Kreitner, R., Kinicki, A., & Buelens, M. (2002). Organizational Behaviour (second European edition). London: McGraw-Hill.

Landström, H. (1999). The Roots of Entrepreneurship Research. New England Journal of Entrepreneurship, 2(2): 9-20.

Leonard, D., & Straus, S. (1997). Putting your Company's Whole Brain to Work. Harvard Business Review, 75(4): 111-121.

Leonard, NH, Scholl, R.W, & Kowalski, K.B. (1999). Information Processing Style and Decision Making. Journal of Organizational Behavior, 20(3): 407-420.

Lumpkin, G.T., & Dess, G.G. (1996). Clarifying the Entrepreneurial Orientation Construct and Linking It to Performance. Academy of Management Review, 21(1): 135-172.

Lumpkin, G.T., & Erdogan, B. (2004). If Not Entrepreneurship, Can Psychological Characteristics Predict Entrepreneurial Orientation? - A Pilot Study. The ICFAI Journal of Entrepreneurship Development, 1(1): 21-33.

Markman, G.D., Balkin, D.B., & Baron, R.A. (2002). Inventors and New Venture Formation: The Effects of General Self-Efficacy and Regretful Thinking. Entrepreneurship Theory and Practice, 27(2): 149-165.

Markman, G.D., & Baron, R.A. (2003). Person-Entrepreneurship Fit: Why Some People Are More Successful as Entrepreneurs than Others. Human Resource Management Review, 13(2): 281-301.

McClelland, DC (1961). The Achieving Society. New York: Van Nostrand.

Miller, D., Kets De Vries, M.F.R., & Toulouse, J. (1982). Top Executive Locus of Control and Its Relationship to Strategy-Making, Structure, and the Environment. Academy of Management Journal, 25(2): 237-253.

Miller, D., & Toulouse, J.M. (1986). Strategy, Structure, CEO Personality and Performance in Small Firms. American Journal of Small Business, 10(3): 47-62.

Mitchell, R.K., Busenitz, L., Lant, T, McDougall, P.P., Morse, E.A., & Smith, H.B. (2002). Toward a Theory of Entrepreneurial Cognition: Rethinking the People Side of Entrepreneurship Research. Entrepreneurship Theory and Practice, 27(2): 93-104.

Mitchell, R.K., Busenitz, L., Lant, T., McDougall, P.P., Morse, E.A., & Smith, H.B. (2004). The Distinctive and Inclusive Domain of Entrepreneurial Cognition Research. Entrepreneurship Theory and Practice, 28(6): 505-518.

Myers, I.B., McCaulley, M.H., Quenk, N.L., & Hammer, A.L. (2003). MBTI Manual: A Guide to the Development and Use of the Myers-Briggs Type Indicator. Palo Alto, CA: Consulting Psychologists Press.

Neck, C.P., Neck, H.M., Manz, C.C., & Godwin, J. (1999). "I Think I Can; I Think I Can": A Self-Leadership Perspective toward Enhancing Entrepreneur Thought Patterns, Self-Efficacy, and Performance. Journal of Managerial Psychology, 14(6): 477-501.

Peterman, N.E., & Kennedy, J. (2003). Enterprise Education: Influencing Students' Perceptions of Entrepreneurship. Entrepreneurship Theory and Practice, 28(2): 129-144.

Poon, J.M.L., Ainuddin, R.A., & Junit, S.H. (2006). Effects of Self-Concept Traits and Entrepreneurial Orientation on Firm Performance. International Small Business Journal, 24(1): 61-82.

Rigotti, L., Ryan, M., & Vaithianathan, R. (2003). Tolerance of Ambiguity and Entrepreneurial Innovation. Working Papers, Duke Fuqua School of Business, 1 January 2003.

Robinson, RB., Stimpson, D.V, Huefher, J.C., & Hunt, H.K. (1991). An Attitude Approach to the Prediction of Entrepreneurship. Entrepreneurship Theory and Practice, 15(4): 13-31.

Rotter, J.B. (1966). Generalized Expectancies for Internal and External Control of Reinforcement. Psychological Monographs: General and Applied, 80(1): 1-28.

Sadler-Smith, E. (2004). Cognitive Style and the Management of Small and Mediumsized Enterprises. Organization Studies, 25(2): 155-181.

Sadler-Smith, E., & Badger, B. (1998). Cognitive Style, Learning and Innovation. Technology Analysis and Strategic Management, 10(2): 247-265.

Shane, S., Locke, E.A., & Collins, CJ. (2003). Entrepreneurial Motivation. Human Resource Management Review, 13(2): 257-279.

Sherer, M., Maddux, J.E., Mercandante, B., Prentice-Dunn, S., Jacobs, B., & Rogers, R.W (1982). The Self-Efficacy Scale: Construction and Validation. Psychological Reports, 51(2): 663-671.

Shook, CL., Priem, R.L., & McGee, J.E. (2003). Venture Creation and the Enterprising Individual: A Review and Synthesis. Journal of Management, 29(3): 379-399.

Souitaris, V, Zerbinati, S., & Al-Laham, A. (2007). Do Entrepreneurship Programmes Raise Entrepreneurial Intention of Science and Engineering Students? The Effect of Learning, Inspiration and Resources. Journal of Business Venturing, 22(4): 566-591.

Spector, P.E. (2001). Research Methods in Industrial and Organizational Psychology: Data Collection and Data Analysis with Special Consideration to International Issues. In: N. Anderson, D.S. Ones, H.G. Sinangil & C. Viswervaran (Eds.), Handbook of Industrial, Work, and Organizational Psychology. Volume 1: Personnel Psychology. London: Sage, 10-26.

Steers, R.M., & Braunstein, D.N. (1976). A Behaviorally-Based Measure of Manifest Needs in Work Settings. Journal of Vocational Behavior, 9(2): 251-266.

Stewart, W.H., Jr., Watson, W.E., Carland, JC, & Carland, J.W (1998). A Proclivity for Entrepreneurship: A Comparison of Entrepreneurs, Small Business Owners, and Corporate Managers. Journal of Business Venturing, 14(2): 189-214.

Steyaert, C. (2004). Entrepreneurship without Entrepreneurs? Reclaiming a(n other) Psychology of Entrepreneurship Studies. Paper presented at the RENT XVIII Conference, Copenhagen, November.

Utsch, A., & Rauch, A. (2000). Innovativeness and Initiative as Mediators between Achievement Orientation and Venture Performance. European Journal of Work and Organizational Psychology, 9(1): 45-62.

Vecchio, R.P. (2003). Entrepreneurship and Leadership: Common Trends and Common Threads. Human Resource Management Review, 13(2): 303-327.

Webster, D.M., & Kruglanski, A.W. (1994). Individual Differences in Need for Cognitive Closure. Journal of Personality and Social Psychology, 67(6): 1049-1062.

Whetten, D., Cameron, K., & Woods, M. (2000). Developing Management Skills for Europe (second edition). Harlow: Pearson Education.

Wickham, P.A. (2004). Strategic Entrepreneurship (third edition). Harlow: Pearson Education.

Wiklund, J. (1999). The Sustainability of the Entrepreneurial Orientation-Performance Relationship. Entrepreneurship Theory and Practice, 24(1): 37-48.

Wyk van, R., & Boshoff, A.B. (2004). Entrepreneurial Attitudes: A Distinction between Two Professional Groups. South African Journal of Business Management, 35(2): 33-38.

Zahra, S., & Covin, J. (1995). Contextual Influence on the Corporate Entrepreneurship-Performance Relationship: A Longitudinal Analysis. Journal of Business Venturing, 10(1): 43-58.

Zhao, H., Seibert, S.E., & Hills, G.E. (2005). The Mediating Role of Self-Efficacy in the Development of Entrepreneurial Intentions. Journal of Applied Psychology, 90(6): 1265-1272.

Downloads

Published

2007-05-21

Issue

Section

Articles

How to Cite

The Hunt for the Heffalump Continues: Can Trait and Cognitive Characteristics Predict Entrepreneurial Orientation?. (2007). Journal of Small Business Strategy (archive Only), 18(2), 23-42. https://libjournals.mtsu.edu/index.php/jsbs/article/view/96