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Psychiatric symptoms and entrepreneurial intention: The role of the behavioral activation system

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Abstract

Both the scientific literature and the popular press have recently started to associate entrepre-neurship with symptoms of mental disorders. In addition, there is an emerging stream of literature devoted to the non-intendedly rational logic of entrepreneurs. Despite the high co-occurrence rate of psychiatric symptoms, prior research has only examined the independent effects of psychiatric symptoms. Furthermore, the two emerging literature streams remain largely independent. In the present study, we investigate the independent and joint association of four psychiatric symptoms (i.e., inattention, hyperactivity, narcissism, and hypomania) and entrepreneurial intention. Drawing on the reinforcement sensitivity theory, we explore whether the relationship between psychiatric symptoms and entrepreneurial intention is mediated by the behavioral activation system (BAS). Using the survey responses of 182 university students, our results show differential findings between the independent and joint effects of psychiatric symptoms on entrepreneurial intention. Importantly, we find support for the mediating role of BAS. Overall, our results suggest that BAS may serve as a unifying theoretical construct that helps to understand the relationship between multiple psychiatric symptoms and entrepreneurial intention.

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... No doubt that the domain of entrepreneurship had witnessed an influx of research endeavours. Some of which studied Universities supporting students' entrepreneurship tendency (Adelekan and Tijani, 2017;Ahmed et al., 2020;Leung et al., 2020), entrepreneurial alertness for opportunity identification (Kevin, 2016), career adaptability in predicting entrepreneurial intention including those with special needs (Laramie et al., 2014;Leung et al., 2020). Related work in this domain was done by Michael and Doris (2001), who examined personal initiative (PI) as an active performance concept for work in the 21st century. ...
... No doubt that the domain of entrepreneurship had witnessed an influx of research endeavours. Some of which studied Universities supporting students' entrepreneurship tendency (Adelekan and Tijani, 2017;Ahmed et al., 2020;Leung et al., 2020), entrepreneurial alertness for opportunity identification (Kevin, 2016), career adaptability in predicting entrepreneurial intention including those with special needs (Laramie et al., 2014;Leung et al., 2020). Related work in this domain was done by Michael and Doris (2001), who examined personal initiative (PI) as an active performance concept for work in the 21st century. ...
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... Scholars are striving to learn more about how ADHD symptoms may be adapted to the business venture context (e.g. Leung et al., 2020;Wiklund et al., 2017;Yu et al., 2019). Also, Hunt and Lerner (2018) argue that explanatory frameworks of business venture formation behavior, as well as the performance that consists of a rational, less-deliberative and even impulsive antecedents of entrepreneurship is widely building (e.g. ...
... hThus, examining an actual ADHD diagnosis can bolster the current understanding significantly and contribute to the ADHD and entrepreneurship literature. Finally, the recent study only considered the entrepreneurial intention; psychiatric symptoms that are examined as an asset in one business venture aspect might be a liability in other aspects (Leung et al., 2020). So, it would be worthwhile to extend this research model by exploring the intention and actual behavior link or expand this model to business venture outcomes. ...
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... Some studies have connected entrepreneurial intention to macro effects, such as the Dark Triad (Hmieleski and Lerner, 2016), the Dark Tetrad (Cai et al., 2021) or the behavioural action system (Leung et al., 2020). A person's entrepreneurial confidence leads them to believe they have the right skills to successfully start a company (Köllinger et al., 2005). ...
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... Asociación positiva con el rasgo de inteligencia emocional (Frenzel, 2020). El conocimiento es necesario para competir tecnológicamente (Deligianni et al., 2019) y genera una activación conductual (Leung et al., 2020). La resiliencia como capacidad del individuo para hacer frente, adaptarse y recuperarse de experiencias adversas (Yulita et al., 2020). ...
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... 相关。该系统对积极信号、奖励和避免惩罚敏感, 它的激活能调节目标行为。因此, 它与希望和满 足等积极情绪有关 (Corr, 2004)。 许多研究自恋与 BIS/BAS 的文献发现 (Collison et al., 2018;Leung et al., 2020;Miles et al., 2019;Spencer et al., 2018;Subramanian et al., 2020) ...
... Over the last two decades, scholars have growingly investigated the psychological factors of nascent entrepreneurs to have better understanding of mechanisms underlying the influence of these psychological problems on entrepreneurial activities (Gorgievski et al., 2010). Nevertheless, almost all previous studies either examine the relationship between psychological disorders, such as psychiatric symptoms (Leung et al., 2020) and Attention-Deficit Hyperactivity Disorder symptoms (Yu et al., 2019), and entrepreneurship, or focus on exploring psychological distress, such as stress and anxiety about financial problems (Gorgievski et al., 2010), or general anxiety (Thompson et al., 2020) and business venture. However, there is a dearth of literature found to explore the fear and anxiety of Covid-19 on entrepreneurial activities (Hernández-Sánchez et al., 2020), while this information is really important and necessary for both scholars and practitioners (Giones et al., 2020). ...
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... Since it was identified as the best predictor of entrepreneurial behaviour (Ajzen, 1991), entrepreneurial intention continues to attract entrepreneurship researchers' attention (Leung et al., 2020;Bazan et al., 2020). In fact, any planned behaviour, including starting up a new business venture, cannot take place without the intention of doing business (Ajzen, 1991). ...
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We also find that sensation seeking and lack of premeditation generally positively influences entrepreneurship, whereas urgency has the opposite influence. Taken together, this suggests complex, multifaceted implications of ADHD and impulsivity in entrepreneurship. Theoretical implications of these findings are discussed. Research on entrepreneur personality has been mostly associated with positive traits, such as self-efficacy and achievement motivation. However, most traits are not universally positive or negative and what is functional or dysfunctional depends on context (Judge et al., 2009). Entre-preneurship is characterized by uncertainty, which indices anxiety, worry, procrastination and inaction among most people (McMullen and Shepherd, 2006; Paulus, 2007). However, it is also a vocation that grants more autonomy in terms of job design and task allocation, which may be attractive to individuals who need more leeway in designing their own tasks. Acknowledging the high uncertainty and autonomy in entrepreneurship, we argue that ADHD symptoms, which are associated with negative consequences in many areas of life, may have positive implications in the context of entrepreneurship because ADHD is characterized by traits such as sensation seeking, a focus on action with little premeditation, and a desire for autonomy. We employ person-environment fit theory (e.g., Holland, 1997) to argue that ADHD symptoms influence entrepreneurial preferences and behavior through the multi-dimensional traits of im-pulsivity. Specifically, ADHD symptoms are related to higher levels of sensation seeking, lack of premeditation, lack of perseverance and urgency. These traits in turn influence the perceived attractiveness of entrepreneurship and the probability of starting a business. We conducted surveys on a sample of MBA alumni from a school that is consistently ranked as one of the top fifty public MBA programs, who by virtue of their degree tend to have viable job opportunities and were thus less likely to be pushed into entrepreneurship. We find that ADHD symptoms have a complicated relationship with entrepreneurial preferences and action, with the pathway through sensation seeking and lack of premeditation being mostly positive while the pathway through urgency being negative. Further, hyperactive symptoms seem to mainly result in positive outcomes while inattention symptoms lead to negative ones. Our findings demonstrate that entrepreneurship is indeed a unique area where negative traits, such as ADHD, may represent valuable assets. Previous research has mostly associated ADHD with negative job-related outcomes (Barkley et al., 2006). Our research indicates that certain aspects of ADHD symptoms, such as sensation seeking and lack of premeditation, could lead individuals to be attracted to entrepreneurship and to start their own businesses. This suggests a contextualized view of personality traits, as well as boundary conditions to existing theories. Second, we develop and empirically test a model that links ADHD symptoms to entrepreneur-ship through the multi-dimensional traits of impulsivity, which provides a more nuanced and theoretically interesting understanding of the ADHD—entrepreneurship relationship. The same can be said about our findings of the differential influences of inattention and hyperactivity symptoms. Thus, this paper contributes to previous research on ADHD and entrepreneurship that has mostly examined the bivariate relationship between the two (e.g., Veryheul et al., 2015; Thurik et al., 2016). Finally, our post-hoc analyses showed that the effects of ADHD symptoms on entrepreneurship are more pronounced under highly uncertain environments. This is consistent with our theorizing, suggesting that individuals with ADHD symptoms are more likely to harness advantages associated with ADHD rather than suffer from associated disadvantages in highly uncertain and dynamic environments such as entrepreneurship. There are at least two important practice implications of our results. First, our results imply that individuals with ADHD symptoms may be empowered to craft their own jobs to fit their special needs. Second, our findings suggest that people with ADHD symptoms and impul-sivity will tend to prefer action speed over action accuracy and that this may be functional in the context of entrepreneurship.
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This study examined relationships of the dark triad personality characteristics (i.e., narcissism, psychopathy, and Machiavellianism) with entrepreneurial intentions and motives. Results from samples of business undergraduates (N = 508) and MBA students (N = 234) found narcissism to be positively related to entrepreneurial intentions. In addition, results from subgroups of business undergraduates and MBA students high in entrepreneurial intentions (i.e., early-stage nascent entrepreneurs) indicated differences in motives for engaging in the startup process. Specifically, we found all facets of the dark triad to be positively associated with unproductive entrepreneurial motives, and observed differential associations of the dark triad characteristics with productive entrepreneurial motives.
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We document the predictive relevance of the Behavioral Inhibition System (BIS) and the Behavioral Approach System (BAS) in a novel domain of societal importance: entrepreneurship. Based on structural equation models, Study 1 (N=320) reveals that BAS Reward Responsiveness (BAS-RR) has a negative and BAS Fun Seeking (BAS-FS) has a positive association with entrepreneurial intent. Similar results emerge for Study 2 (N=470): BAS-RR is negatively and BAS Drive (BAS-D) is positively related to entrepreneurial intent. Additionally, Study 2 includes entrepreneurial experience, which is negatively related with BAS-RR and positively with BAS-D. We do not find any significant relationship between BIS and entrepreneurial intent or experience. Our results support the multidimensionality of the BAS, with the subscales being differently associated with both entrepreneurial intent and experience. Finally, by simultaneously including intent and experience, Study 2 makes a methodological contribution related to the validity of student samples when analyzing entrepreneurial intent.
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While the personality of entrepreneurs can be cast in positive and negative lights, it is essential that researchers understand the complex process through which personalities shape behavior and influence outcomes. Building on Miller's observations on downsides of entrepreneurs' personalities, we present five broad lines of inquiry derived from the organizational behavior literature to guide future research on the role of personality in entrepreneurial phenomena. These streams of research have implications for how personality is conceptualized in the entrepreneurship literature, and we urge researchers to examine interactions among different personality traits, and between traits and contextual and affective variables which play a critical role in personality-outcome relationships. Finally, we encourage scholars to consider the personality of new venture team members, and how some traits may serve important resource-conservation roles.
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We advance a model that highlights contingent linkages between overconfidence and narcissism, entrepreneurial entry, and the successful realization of venture opportunities. Overall, our proposals point to a paradox in which entrepreneurs high in overconfidence and narcissism are propelled toward more novel venture contexts-where these qualities are most detrimental to venture success-and are repelled from more familiar venture contexts-where these qualities are least harmful and may even facilitate venture success. To illuminate these patterns of misalignment, we attend to the defining characteristics of alternative venture contexts and the focal constructs of overconfidence and narcissism.
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Popular literature suggests a relationship between entrepreneurship and manic tendencies, yet little scientific research has evaluated whether manic tendencies foster entrance into entrepreneurial roles, intent to become an entrepreneur, or success as an entrepreneur.Methods In study 1, 225 undergraduates and business school students/affiliates took an online survey to assess engagement and intent as entrepreneurs, as well as manic tendencies, including family diagnoses as reported on the Family Index of Risk for Mania, subsyndromal manic tendencies as assessed with the Hypomanic Personality Scale, and self-reported diagnoses. In study 2, the sample of entrepreneurs identified in study 1 was enriched by recruiting a larger group of established entrepreneurs from the community. Entrepreneurs (n=210) completed items concerning their success in entrepreneurship, and we examined whether the three measures of manic tendencies were related to success.ResultsThere was no evidence that those vulnerable to mania, regardless of definition, were more likely to be entrepreneurs, to intend to become entrepreneurs, or to succeed as entrepreneurs.LimitationsThe studies were limited by self-report measures and relatively small samples.Conclusions More nuanced models may explain the frequent clinical observations of manic traits among entrepreneurs.
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Increasing interest in the development of entrepreneurial intentions has elevated the importance of theories that predict and explain individuals' propensity to start a firm. The purpose of this study is to meta-analytically test and integrate the theory of planned behavior and the entrepreneurial event model. We summarize the findings of 98 studies (123 samples, n = 114,007) and utilize meta-analytic structural equation modeling to examine the empirical fit of the competing theories and the integrated model. Our results demonstrate support for the competing theories and indicate the moderating role of contextual boundary conditions in the development of entrepreneurial intent. Furthermore, our findings suggest that the integrated model provides additional explanatory power and a fuller understanding of the process through which entrepreneurial intent develops.
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Questionnaires are the most commonly used method of data collection infield research (Stone, 1978). Problems with the reliability and validity of measures used on questionnaires has often led to difficulties in interpreting the results of field research (Cook, Hepworth, Wall & Wart-, 1981; Schriesheim, Powers, Scandura, Gardiner & Lankau, 1993). This article reviews scale development procedures for 277 measures used in 75 articles published in leading academic journals from 1989 to 1994. It points out some of the problems encountered and provides examples of what could be considered “best practices “in scale development and reporting. Based on the review, recommendations are made to improve the scale development process.
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Disinhibition has received considerable recognition as a primary deficit in Attention-Deficit/Hyperactiv-ity Disorder (AD/HD). The goal of the present study was to investigate claims that Gray's Behavioral Approach System (BAS) is linked to a disinhibitory deficit and can account for hyperactive-impulsive AD/HD behaviors. A sample of 184 undergraduates responded to measures of Gray's and other personality dimensions. BAS scores were positively related to and were significant predictors of hyperactive-impulsive symptoms, and also appeared to be related to inattentive AD/HD symptoms in females. Behavioral Inhibition System (BIS) scores did not predict hyperactive-impulsive symptoms, suggesting that it is not a primary deficit for hyperactive-impulsive behaviors. Other disinhibitory pathways along Gray's model, such as a response modulation deficit, were supported. Overactive BAS functioning is offered as a contributor to hyperactive-impulsive symptoms in adults.
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Research on personality aspects of entrepreneurship, recently summarized in five meta-analyses, has intensified during the past two decades. Internationally, entrepreneurship has been recognized as highly important for socio-economic prosperity. After discussing a few basic concepts relating task and context of entrepreneurship to personality characteristics the main results of the meta-analyses are reported. In the system of the Big Five, personality traits make a difference when entrepreneurs are compared with managers (C+, O+, E+, N−, A−). They are also relevant in predicting entrepreneurial intention (C+, O+, N−, E+) and entrepreneurs’ performance (C+, O+, E+, N−). For other more specific scales that have frequently enough been used and could therefore be included in meta-analyses (e.g., readiness for innovation, proactive personality, generalized self-efficacy, stress tolerance, need for autonomy, locus of control) have also been reported significant correlations with business creation and business success. Risk propensity supports business foundation, but not necessarily business success. Achievement motivation is favourable both for business foundation and business success. The effect sizes are mostly small, some moderate. Complementing the results of the meta-analyses, some recent single studies on mediator or moderator effects are briefly reviewed.
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The relationships between gender, entrepreneurial self-efficacy, and entrepreneurial intentions were examined for two sample groups: adolescents and adult master of business administration (MBA) students. Similar gender effects on entrepreneurial self-efficacy are shown for both groups and support earlier research on the relationship between self-efficacy and career intentions. Additionally, the effects of entrepreneurship education in MBA programs on entrepreneurial self-efficacy proved stronger for women than for men. Implications for educators and policy makers were discussed, and areas for future research outlined.
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This article examines the adequacy of the “rules of thumb” conventional cutoff criteria and several new alternatives for various fit indexes used to evaluate model fit in practice. Using a 2‐index presentation strategy, which includes using the maximum likelihood (ML)‐based standardized root mean squared residual (SRMR) and supplementing it with either Tucker‐Lewis Index (TLI), Bollen's (1989) Fit Index (BL89), Relative Noncentrality Index (RNI), Comparative Fit Index (CFI), Gamma Hat, McDonald's Centrality Index (Mc), or root mean squared error of approximation (RMSEA), various combinations of cutoff values from selected ranges of cutoff criteria for the ML‐based SRMR and a given supplemental fit index were used to calculate rejection rates for various types of true‐population and misspecified models; that is, models with misspecified factor covariance(s) and models with misspecified factor loading(s). The results suggest that, for the ML method, a cutoff value close to .95 for TLI, BL89, CFI, RNI, and Gamma Hat; a cutoff value close to .90 for Mc; a cutoff value close to .08 for SRMR; and a cutoff value close to .06 for RMSEA are needed before we can conclude that there is a relatively good fit between the hypothesized model and the observed data. Furthermore, the 2‐index presentation strategy is required to reject reasonable proportions of various types of true‐population and misspecified models. Finally, using the proposed cutoff criteria, the ML‐based TLI, Mc, and RMSEA tend to overreject true‐population models at small sample size and thus are less preferable when sample size is small.
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This article uses Ajzen's theory of planned behavior to build an entrepreneurial intention questionnaire (EIQ) and analyzes its psychometric properties. The entrepreneurial intention model is then tested on a 519-individual sample from two rather diverse countries: Spain and Taiwan. EIQ and structural equation techniques have been used to try to overcome previous research limitations. The role of culture in explaining motivational perceptions has been specifically considered. Results indicate EIQ properties are satisfactory and strong support for the model is found. Relevant insights are derived about how cultural values modify the way individuals in each society perceive entrepreneurship.
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This meta-analysis investigated the relationships between person–job (PJ), person–organization (PO), person–group, and person–supervisor fit with preentry (applicant attraction, job acceptance, intent to hire, job offer) and postentry individual-level criteria (attitudes, performance, withdrawal behaviors, strain, tenure). A search of published articles, conference presentations, dissertations, and working papers yielded 172 usable studies with 836 effect sizes. Nearly all of the credibility intervals did not include 0, indicating the broad generalizability of the relationships across situations. Various ways in which fit was conceptualized and measured, as well as issues of study design, were examined as moderators to these relationships in studies of PJ and PO fit. Interrelationships between the various types of fit are also meta-analyzed. 25 studies using polynomial regression as an analytic technique are reviewed separately, because of their unique approach to assessing fit. Broad themes emerging from the results are discussed to generate the implications for future research on fit.
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Individual differences in approach and seeking-related constructs such as sensation seeking, novelty seeking and impulsivity are generally found to be most convincingly associated with substance use in young adults. One set of personality traits that may be particularly relevant to substance use is concerned with Gray’s two-dimensional factors that represent approach and avoidance sensitivity. The current study investigated whether Gray’s BIS and BAS personality characteristics are associated with drug and/or alcohol use in a sample of non-clinical college students (n = 276). Results indicated that college students’ drug and alcohol use was positively correlated with BAS and, to some extent, negatively to BIS personality characteristics. The most substantial correlations were found between BAS Fun Seeking and the number of illegal substances one had used, the quantity of alcohol use, and the frequency of binge drinking. These results suggest that BIS/BAS personality characteristics make a significant contribution to college students’ substance use.
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Following Gray's theory of personality, the aim of the study was to examine the role of the personality dimensions, behavioural inhibition and activation, in mediating event-related potentials (ERPs) and the level of anticipatory heart rate (HR) deceleration response during two visual-stimulus recognition tasks. In the first task ERPs and anticipatory HR changes were elicited by feedback words informing the subjects about the quality of their response (‘correct’, ‘incorrect’). In the second task ERPs and HR responses were elicited from 62 women by feedback words (‘losing’, ‘winning’) indicating losing or winning, of amounts of money. The Gray-Wilson Personality Questionnaire (GWPQ), the Eysenck Personality Questionnaire (EPQ) and the I7 questionnaire were used to measure variables which refer to the function of the activation and inhibition system. The N200, P300, N400, P650 and N800 peak amplitudes of the ERPs and the level of anticipatory HR deceleration response to the feedback signals were measured. Personality and physiological responses were first analysed by using a split-plot ANOVA design and second by examining multiple relationships with factor analysis. Separate ANOVAs were performed across Ss selected from the total group (n = 62) on the basis of extreme scores (high or low) on Approach (APPR), Passive Avoidance (PASS.AV), Extinction (EXTI), Extraversion (E), Neuroticism (N) and Impulsiveness (I). In line with Gray's prediction, high APPR Ss exhibited larger P600 peak amplitudes to signals indicating winning and low APPR Ss exhibited larger P600 amplitudes to signals indicating losing. Neurotic Ss produced larger N800 peak amplitudes to stimuli indicating losing as compared with stimuli indicating winning. Stable Ss, in contrast, did not display differences between feedback stimuli. Heart-rate deceleration response to feedback signals was successful in distinguishing high and low N Ss as well as Introverts and Extraverts. Neurotic Ss, compared with Stable ones, showed a more pronounced anticipatory HR slowing for both of the feedback signals. Introverts displayed more pronounced HR decelerations for punishment compared with reward signals. Extraverts, in contrast, showed greater HR decelerations for reward compared with punishment signals. These results were all in line with predictions that can be derived from Gray's theory. However, in the opposite direction was the relationship between PASS.AV and N200 peak: High PASS.AV Ss displayed greater N200 peak amplitudes to winning signals compared with signals indicating a correct response. Results from factor analysis gave rise to a three-factor solution wherein personality dimensions sensitive to signals of reward and that sensitive to signals of punishment were loading together with different physiological factors.
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Narcissism is typically viewed as a dimensional construct in social psychology. Direct evidence supporting this position is lacking, however, and recent research suggests that clinical measures of narcissism exhibit categorical properties. It is therefore unclear whether social psychological researchers should conceptualize narcissism as a category or continuum. To help remedy this, the latent structure of narcissism—measured by the Narcissistic Personality Inventory (NPI)—was examined using 3895 participants and three taxometric procedures. Results suggest that NPI scores are distributed dimensionally. There is no apparent shift from “normal” to “narcissist” observed across the NPI continuum. This is consistent with the prevailing view of narcissism in social psychology and suggests that narcissism is structured similar to other aspects of general personality. This also suggests a difference in how narcissism is structured in clinical versus social psychology (134 words).