Impact of Personality Traits and Attitudes on Entrepreneurial Intention among Youths and Middle-aged People in Malaysia

Abstract

This study was focused on the impact of personality traits and attitude (psychological factors) on entrepreneurial intention among youth and middle-aged adults since individuality and creativity of youth and middle-aged adults were being highly dependable in future environment. The study had used achievement motivation theory in supported accuracy of personality traits and theory of planned behavior on predicted entrepreneurial intention among youth and middle-aged adults. Meanwhile, total of 257 respondents had involved in this study. The data collection was analyzed used SPSS program. The independent sample t-test was conducted to determine whether there was difference on entrepreneurial intention between youth and middle-aged adults. Besides, Pearson correlation and multiple regression analysis were performed in forecasting the relationship between personality traits and attitude towards entrepreneurial intention among youth and middle-aged adults. The result found the personality traits (need for achievement, risk taking propensity and locus of control) and attitudes (attitude towards entrepreneurship, attitude towards money and attitude towards change) were found to have significantly relationship with entrepreneurial intention among youth and middle-aged adults.