Small but innovative: Unveiling the impact of micro-entrepreneurs' personality traits on a spectrum of innovations
This article investigates whether a micro-entrepreneur's personality influences their innovativeness. Using the Big Five theory and a broad definition of innovation from the 4th version of the Oslo Manual (two types and nine categories of innovations in total), the study analyses data from 1,84...
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| Format: | Article |
| Language: | English |
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Elsevier
2024-10-01
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| Series: | Journal of Innovation & Knowledge |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2444569X2400091X |
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| author | Maciej Zastempowski |
| author_facet | Maciej Zastempowski |
| author_sort | Maciej Zastempowski |
| collection | DOAJ |
| description | This article investigates whether a micro-entrepreneur's personality influences their innovativeness. Using the Big Five theory and a broad definition of innovation from the 4th version of the Oslo Manual (two types and nine categories of innovations in total), the study analyses data from 1,848 Polish micro-entrepreneurs. Since innovativeness is a complex process with several interdependencies, and previous research shows that introducing one type of innovation is not independent of introducing other types, Multivariate Probit (MVP) regression was used to estimate the models. The results allow two conclusions to be drawn. Firstly, in the case of product innovations implemented by micro-entrepreneurs, three personality traits have a positive impact. These are Openness to experience, Conscientiousness and Extroversion. Secondly, in the case of business process innovations, all 7 types are positively influenced by two personality traits, namely Openness to experience and Extroversion. |
| format | Article |
| id | doaj-art-7a65f967bcda4cd2813fb8f5836b59f8 |
| institution | OA Journals |
| issn | 2444-569X |
| language | English |
| publishDate | 2024-10-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Innovation & Knowledge |
| spelling | doaj-art-7a65f967bcda4cd2813fb8f5836b59f82025-08-20T02:21:07ZengElsevierJournal of Innovation & Knowledge2444-569X2024-10-019410055210.1016/j.jik.2024.100552Small but innovative: Unveiling the impact of micro-entrepreneurs' personality traits on a spectrum of innovationsMaciej Zastempowski0Faculty of Economic Sciences and Management, Nicolaus Copernicus University, Gagarina 13A Street, 87-100 Toruń, PolandThis article investigates whether a micro-entrepreneur's personality influences their innovativeness. Using the Big Five theory and a broad definition of innovation from the 4th version of the Oslo Manual (two types and nine categories of innovations in total), the study analyses data from 1,848 Polish micro-entrepreneurs. Since innovativeness is a complex process with several interdependencies, and previous research shows that introducing one type of innovation is not independent of introducing other types, Multivariate Probit (MVP) regression was used to estimate the models. The results allow two conclusions to be drawn. Firstly, in the case of product innovations implemented by micro-entrepreneurs, three personality traits have a positive impact. These are Openness to experience, Conscientiousness and Extroversion. Secondly, in the case of business process innovations, all 7 types are positively influenced by two personality traits, namely Openness to experience and Extroversion.http://www.sciencedirect.com/science/article/pii/S2444569X2400091XD91L26M19O15O31 |
| spellingShingle | Maciej Zastempowski Small but innovative: Unveiling the impact of micro-entrepreneurs' personality traits on a spectrum of innovations Journal of Innovation & Knowledge D91 L26 M19 O15 O31 |
| title | Small but innovative: Unveiling the impact of micro-entrepreneurs' personality traits on a spectrum of innovations |
| title_full | Small but innovative: Unveiling the impact of micro-entrepreneurs' personality traits on a spectrum of innovations |
| title_fullStr | Small but innovative: Unveiling the impact of micro-entrepreneurs' personality traits on a spectrum of innovations |
| title_full_unstemmed | Small but innovative: Unveiling the impact of micro-entrepreneurs' personality traits on a spectrum of innovations |
| title_short | Small but innovative: Unveiling the impact of micro-entrepreneurs' personality traits on a spectrum of innovations |
| title_sort | small but innovative unveiling the impact of micro entrepreneurs personality traits on a spectrum of innovations |
| topic | D91 L26 M19 O15 O31 |
| url | http://www.sciencedirect.com/science/article/pii/S2444569X2400091X |
| work_keys_str_mv | AT maciejzastempowski smallbutinnovativeunveilingtheimpactofmicroentrepreneurspersonalitytraitsonaspectrumofinnovations |