Citation

Sharma S, Sahni SP (2018) A Critical Review and Future Directions for Research: Personality and Social Entrepreneurial Success. Int J Psychol Psychoanal 4:036. doi.org/10.23937/2572-4037.1510036

Copyright

© 2018 Sharma S, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

REVIEW ARTICLE | OPEN ACCESS DOI: 10.23937/2572-4037.1510036

A Critical Review and Future Directions for Research: Personality and Social Entrepreneurial Success

Sahni SP1, Sharma S2* and Aggarwal S3

1Executive Director, Jindal Institute of Behavioural Sciences and Member of Governing Body, O.P. Jindal Global University, India

2Assistant Professor, Jindal Institute of Behavioural Sciences, O.P. Jindal Global University, India

3MBA Student, O.P. Jindal Global University, India

Abstract

Probably millions of people across the world dream of starting their own business, a fraction of them may gather the courage and resources to pursue their ambitions, and still, even a smaller fraction of those may persevere through the challenges and inevitable disappointments, entrepreneurial process may present. FInally, a very small number of entrepreneurs succeed in achieving their objectives. What determines the difference in behaviours and attitudes of these individuals? Why some never seek available opportunities, while other dig out hidden potential in coal and convert it to gold? Why would some entrepreneurs give up half way in between; while others would overcome every obstacle, they may find in the way of achieving success. In addition to personality, which remains the largest area of psychological research in social entrepreneurship; recent research has also cited the significance of a personality attribute, matched to the specific tasks, each stage of an entrepreneurship might require, as a significant predictor of performance. In the current paper, we argue that just the trait approach to understanding underpinning personality dimensions to entrepreneurship is not sufficient. An understanding of the dynamic psychological functions and attitudes, as delineated by Jung will facilitate understanding of the strengths and weaknesses a potential entrepreneur may exhibit in any given situation.