Journal of  Entrepreneurship and Innovation Research

Journal of Entrepreneurship and Innovation Research

Investigating the effect of personality features on the formation of entrepreneurial intention in young people: the mediating role of entrepreneurial mindset

Document Type : Original Article

Author
Faculty of Management and Accounting, College of Farabi, University of Tehran, Qom, Islamic Republic of Iran
Abstract
Objective:For years, policymakers have been seeking solutions to reduce the issue of unemployment in societies. Entrepreneurship is a solution that not only creates jobs but also reduces poverty, fosters innovation, and promotes social and economic development. Entrepreneurship is defined as the process of discovering or creating opportunities and exploiting them without considering resource constraints. Studies indicate that individuals who choose entrepreneurship as a career have different personality traits compared to those who choose employment. Self-efficacy and self-esteem have been identified as two important psychological traits that influence the likelihood of opportunity discovery by individuals and are both necessary for the development of entrepreneurial behavior in individuals. Since entrepreneurial intention is the first step towards creating an entrepreneurial business and shaping entrepreneurial behavior, and considering the limited scope of research conducted on these factors, in order to expand and promote the factors influencing young people's inclination towards entrepreneurship and the necessary planning by managers and policymakers in this field, this study examines the impact of self-efficacy and self-esteem on the formation of entrepreneurial intention with the mediating role of entrepreneurial mindset.
Method: According to the stated objectives, the statistical population of this research was considered to be university-educated young people in Iran, and according to the scope of the target population, 437 people were available as a statistical sample with non-probability sampling method, in undergraduate and graduate levels. Masters and Ph.D. were selected. Due to the communication limitations of the Corona era, an  (electronic) questionnaire tool was used to collect data, which was provided to the participants through messengers and social networks. The statistical data obtained in the descriptive statistics section with Excel software and in the inferential statistics section with smart pls 3 software have been experimented and analyzed.
Results: The study shows that self-efficacy and self-esteem significantly influence the entrepreneurial mindset, which in turn impacts entrepreneurial intention. However, there is no direct positive relationship between self-esteem and entrepreneurial intention, nor between self-efficacy and entrepreneurial intention. The entrepreneurial mindset acts as a mediator, linking self-efficacy and self-esteem to entrepreneurial intention. Therefore, self-efficacy and self-esteem indirectly affect entrepreneurial intention through their impact on the entrepreneurial mindset. These findings suggest that policymakers should consider the role of self-efficacy and self-esteem in promoting an entrepreneurial mindset to foster entrepreneurial culture in Iran.
Conclusion: Based on the findings of this research, it is evident that the role of self-efficacy and self-esteem in fostering entrepreneurial mindset should be considered by policymakers in the field of entrepreneurship development and promotion of entrepreneurial culture in Iran.
Keywords

Subjects


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