Research on Behavioral Characteristics of Entrepreneurs
Analysis based on a Questionnaire Survey of Japanese Businesspersons
DOI:
https://doi.org/10.52731/lbds.v004.315Keywords:
entrepreneur, Entrepreneurship, behavioral characteristicsAbstract
In the U.S., the market is led by the Magnificent Seven, a group of companies with a short his-tory, but in Japan, companies with a history of more than 50 years dominate the top 10 in terms of market capitalization, and the Japanese government is taking measures to encourage entre-preneurial activity but has not achieved significant results at this moment.
This paper aims to clarify the behavioral characteristics of Japanese entrepreneur to improve entrepreneurial activity. Authors set up the following hypotheses: "cupidity," which represents the desire for wealth and property, "self-actualization" which represents the desire for growth, and "risk," which is an obstacle to entrepreneurial activity. A comparative analysis based on questionnaire survey was conducted between those who had started a business and those who had not.
As a conclusion, the results showed that there was no significant difference in "cupidity" and a significant difference in "self-actualization with the experienced group tending to have a signif-icantly higher mean. The results of "risk" were contradictory and will be a subject for further study in the future. Authors would like to design and conduct interviews with entrepreneurs in Japan to increase the reliability of the present results and ultimately made a Japanese entrepre-neurial model.
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