Unleashing the Power of Mindset: How Psychological Attributes Shape Entrepreneurial Inclination?

Samia Anwar Youssef; Suha Ali Tahan; Ahmad Ali Ashaal; Malak Amine Bou Diab; Nadine Mohamad Farouk Alkhatib; Caroline Dib Fakhry Kassably

Autori

Samia Anwar Youssef School of Business, Lebanese International University, Bekaa, Lebanon https://orcid.org/0000-0003-1989-3112
Suha Ali Tahan School of Business, Lebanese International University, Bekaa, Lebanon https://orcid.org/0000-0002-9205-7949
Ahmad Ali Ashaal School of Business, Lebanese International University, Rayak, Lebanon https://orcid.org/0000-0001-6021-966X
Malak Amine Bou Diab School of Business, Lebanese International University, Beirut, Lebanon https://orcid.org/0009-0007-2682-5851
Nadine Mohamad Farouk Alkhatib School of Business, Arts, Sciences & Technology, University in Lebanon, Beirut, Lebanon
Caroline Dib Fakhry Kassably School of Business, Lebanese International University, Rayak, Lebanon https://orcid.org/0000-0002-6161-2217

Cuvinte cheie:

Entrepreneurship, Innovativeness, Intention, Locus of Control, Need for Achievement, Risk Taking

Rezumat

The advancement of a nation's economy is heavily reliant upon entrepreneurial individuals and their innovative undertakings. It is widely acknowledged in literature that intention is the first step towards entrepreneurship. This paper aims to deliver deeper into this realm by analyzing the influence of specific psychological attributes on the entrepreneurial intention of young university students from two Lebanese universities.

The present investigation centers on elucidating a set of key psychological factors, namely risk propensity, need for achievement, innovativeness, and locus of control. The study involved 481 students from two Lebanese universities who completed a self- administered online questionnaire. Factor analysis and multiple regression were utilized to scrutinize the data. The results showed a strong and significant association between students’ need for achievement, inclination towards risk-taking, internal locus of control, innovativeness, and students’ inclination towards entrepreneurship. Based on the analysis results, insights were provided to educational institutions aiming to foster entrepreneurship by identifying and developing the characteristics in students, through a better design of curriculums that support and encourage entrepreneurial practices.