Abstract:

Entrepreneurship is regarded as a multi-disciplinary subject incorporating the science of psychology, sociology and management. Entrepreneurship being a purely intentional process cannot be completely assessed without examining the psychological factors. In the current study, the relationship between Entrepreneurial intentions and entrepreneurial behavior has been examined considering how the Big-Five personality traits and education about entrepreneurship enhance or minimize the role of intentions in determining behavior. NEO-FFI personality inventory, Entrepreneurial Intentions Inventory and Entrepreneurial Education inventory were used to collect data from 270 respondents. The sample represented business graduates, entrepreneurs and employees from public and private sectors in Pakistan. The regression analysis revealed that the Big-Five personality traits and education had a significant impact on the entrepreneurial intentions. Whereas, the intentions were revealed not to mediate the relationship between personality traits, education and behavior. The study clearly states the traits that need to be developed for successful entrepreneurial activity. It holds significance by imposing that increased education and awareness about entrepreneurship can help direct the professionals and prospects towards successful venture creation and sustenance. The lack of mediation has been discussed and identified as a future area of investigation.

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