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Entrepreneurial Start-up Motivations and Growth of Small and Medium Enterprises in Tanzania: The Role of Entrepreneur's Personality Traits.
- Source :
- FIIB Business Review; Mar2022, Vol. 11 Issue 1, p79-93, 15p
- Publication Year :
- 2022
-
Abstract
- This study aims to analyze the mediating effect of personality traits in the relationship between entrepreneurial start-up motivations and small and medium enterprises (SMEs) growth. A gap has been identified in the literature, particularly in the indirect association of critical factors that may be beneficial to the growth of SMEs. In this study, a cross-sectional survey design was used because data were collected once in a time. Furthermore, structural equation modeling (SEM) was used to analyze data obtained from 367 SMEs' owners. The findings indicate that entrepreneurial start-up motivations such as a desire for achievement, financial rewards, social recognition and a desire for independence are positively and significantly related to SMEs' growth. Also, entrepreneurial start-up motivations positively and significantly influence personality traits among entrepreneurs. It was found that there is a significant link between personality traits and the SMEs' growth. Additionally, the findings indicate that personality traits mediate the relationship between entrepreneurial start-up motivations and SMEs' growth. The study's findings have implications for the practices and theories in the entrepreneurship context. [ABSTRACT FROM AUTHOR]
- Subjects :
- PERSONALITY
SMALL business
BUSINESSPEOPLE
NEW business enterprises
Subjects
Details
- Language :
- English
- ISSN :
- 23197145
- Volume :
- 11
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- FIIB Business Review
- Publication Type :
- Academic Journal
- Accession number :
- 155731665
- Full Text :
- https://doi.org/10.1177/23197145211068599