المستودع الأكاديمي جامعة المدينة

Is Entrepreneurial Success Predictable? An Ex-Ante Analysis of the Character-Based Approach

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dc.creator Caliendo, Marco
dc.creator Kritikos, Alexander S.
dc.date 2007
dc.date.accessioned 2013-10-16T06:59:54Z
dc.date.available 2013-10-16T06:59:54Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18416
dc.identifier ppn:527055697
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18416
dc.description This paper empirically analyzes whether the character-based approach, which is based on the personality structure and the human capital of business founders, allows prediction of entrepreneurial success. A unique data set is used consisting of 414 previously unemployed persons whose personal characteristics were screened by different methods, namely a one-day assessment center (AC) and a standardized questionnaire, before they launched their business. Results are partly unexpected: first, there is almost no correlation between the AC data and the questionnaire. Second, the predictive power of the AC data is slightly better than that of the questionnaire, but lower than expected in theory. Interestingly, for those subgroups where the AC data have low predictive power, the questionnaire does better. Third, when success is measured in terms of employees hired, the character-based approach is a poor predictor.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 684
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J23
dc.subject C13
dc.subject M13
dc.subject ddc:330
dc.subject Entrepreneurship
dc.subject Psychological Assessment
dc.subject Character-Based Approach
dc.subject Success Prediction
dc.subject Unternehmer
dc.subject Selbstständige
dc.subject Persönlichkeitspsychologie
dc.subject Humankapital
dc.subject Prognoseverfahren
dc.subject Erfolgsfaktor
dc.subject Theorie
dc.subject Deutschland
dc.title Is Entrepreneurial Success Predictable? An Ex-Ante Analysis of the Character-Based Approach
dc.type doc-type:workingPaper


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