Exploring Entrepreneurship
Chapter 11: Individual perspectives: Beyond the ‘heroic’ entrepreneur
This is the editorial of the Special Issue, focusing on the biological perspective in entrepreneurship research: the role of genetics, physiology, neuroscience and neurodevelopmental conditions in entrepreneurial behaviour. Following this editorial, a number of articles are published in this Special Issue; each examines a particular aspect of biology and its relationship to entrepreneurship.
This study adopts a conventional approach to examine the links between personality characteristics, the entrepreneurship curriculum and students’ entrepreneurial intentions. As the authors note, while many studies of this kind have been conducted, there is relatively little evidence available for sub-Saharan African countries. This research was conducted using a cross-sectional survey of 324 Ghanaian university students with the aim of modelling entrepreneurial intention as a function of personality characteristics, mediated by entrepreneurship curriculum and moderated by teaching methods, while controlling for age, gender and program of study.
This article reviews research evidence on entrepreneurs’ experience of business failure, from the immediate aftermath through to recovery and re-emergence. The authors examine the financial, social and psychological costs of failure. They also look at research about the way that entrepreneurs make sense of, and learn from, business failure. The concluding section considers cognitive and behavioural outcomes of failure and the process of recovery.
This article explores the divergent interests and goals that have led to inherent conflicts in the dyadic relationship between entrepreneurs and venture capitalists (VCs). The authors propose that an entrepreneur’s psychological capital (as opposed to economic, human and social capital) can help shed light on how they manage conflicts in their relationships with VCs. The article is an interesting application of psychological concepts such as self-efficacy, which also integrates socio-cultural factors.