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When trying to understand what makes a successful innovator or entrepreneur, many different types of individual...

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General Management

When trying to understand what makes a successful innovator orentrepreneur, many different types of individual factors given thelabel of ‘human capital’ are usually considered.

Ø Elaborate the factor of “personality” and explain the threespecific personality traits that have been shown to be particularlyrelated to behavior in work contexts .

Ø Assess the limitations of the “Individual /Characteristicsbased approach .

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Personality Aside from the interest in examining in depth the characteristics of certain highprofile successful entrepreneurs most research on personality aims at identifying different dimensions or traits of personality and understanding their relationship to outcomes in terms of innovative behavior or entrepreneurial success In some research different aspects of personality are grouped together so that individuals can be assigned to a particular personality type However most research adopts a traitbased focus The Big Five personality super traits are the culmination of much research in this area and are explored further below Since the 1980s there has been a large degree of agreement amongst psychologists about the importance of five personality traits commonly referred to as the fivefactor model FFM or simply the Big Five Goldberg 1993 Wiggins 1996 It is important to remember that these    See Answer
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