Do Work Values Add to the Prediction of Entrepreneurial Intent Above and Beyond Personality?

Sammanfattning: This study examined the importance of the Big-Five personality traits and work values for the prediction of entrepreneurial intent. Data were collected from a sample of 261 undergraduate students at Nanyang Technological University in Singapore. Results of a hierarchical regression analysis revealed that none of the Big-Five personality factors predicted entrepreneurial intent; however, the importance individuals attached to achievement and social-affective work values accounted for 9% of the variance in entrepreneurial intent, above and beyond personality. The results lend support to the argument that entrepreneurship is a cultural phenomenon and that entrepreneurs are ‘made’ as opposed to ‘born’. Consequently, the implications of culture and gender characterization are discussed in relation to entrepreneurial intentions. Finally, a dynamic model of entrepreneurial emergence is proposed and suggestions for future research are discussed.