Individual entrepreneurial orientation: an assessment of students

Abstract

As the current business environment shifts to a more community-based, local market, this gives way to many more individual start-ups and small-business ventures.With this change comes the need for an individual to assess their ability to enter the industry.This study compares personal self-esteem in relation to individual entrepreneurial orientation (IEO) levels, as well as IEO in relation to starting their own business venture in a study of 209 Pacific Northwestern university students.The items for scale are based on the entrepreneurial orientation dimensions from Lumpkin and Dess, and individual entrepreneurial orientation from Bolton and Lane, as well as the selfesteem dimensions from Heatherton and Polivy.The survey distribution resulted in a strong correlation between IEO and selfesteem, as well as starting their own business and working for themselves.Self-esteem scores did not show any direct correlation with the inclination to work for themselves, or start their own business.Measuring IEO and self-esteem scores will help individuals, teachers, investors, and firms understand a student or employee's personal orientation toward conscientiousness, openness to experience, and willingness to take risk; all iii characteristics that would benefit a firm and/or guide someone toward opening their own business as well as minimize the risk level of this new venture.parents, Philip and Kate Vogelsang, for providing unconditional love and support; without your help I would not be where I am today, and certainly would not have the drive and commitment that I do now-you are my role models.Thank you to my two older sisters, Kirsten and Emily, for being my best friends and mentors.Thank you to my boyfriend Alex for always making me laugh when I feel like I've reached my breaking point-you keep my head above water.Thank you to the amazing professors at HSU-Nancy Vizenor, David Sleeth-Keppler, and Mike Thomas for providing countless learning opportunities, an open and fun learning environment, and being so passionate about educating your students.And last but certainly not least, Thank you to Michelle

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