Applied Critical and Analytical Thinking
Abstract: This essay discusses the certain personality traits and cognitive style a person has that makes them successful entrepreneurs. The certain cognitive style, moral reasoning, is proven in a DIT test that a sample of entrepreneurs have taken. The results showed that entrepreneurs have a higher test score than the average, meaning that on average, entrepreneurs have a higher degree of moral reasoning than the norm. Another research has been done to evaluate the certain traits that entrepreneurs possess that may have affected them to go toward Again, a number of different issues or problems with given information were given, and their results showed that the entrepreneurs had a high locus of control and a high risk-taking propensity. A real life example of a successful entrepreneur is then analyzed to determine if he fits into the certain traits and cognitive style that researchers assume that a typical entrepreneur should possess. I will be focusing on the difference and uniqueness that describes an entrepreneur; things that do not match with the norms of society.
What makes certain people become entrepreneurs? Are they different in some ways than others that they decide to be an entrepreneur? Entrepreneurship and the creation of new businesses are thought to be critically important to the growth of the economy, and as a result, this broad discussion has been researched continuously in many angles and views. One of the two main reasons that individuals become entrepreneurs is suggested to be of the higher level of moral reasoning skills that some individuals have compared to others, whether this ability is initially imbedded into the individual or it is developed throughout the moral issues that they are faced in their daily obstacles of their business. The second reason is the specific personality traits and characteristics an individual have that give him/her the incentive and the opportunity to engage in entrepreneurship, becoming an entrepreneur.
What makes certain people become entrepreneurs? Are they different in some ways than others that they decide to be an entrepreneur? Entrepreneurship and the creation of new businesses are thought to be critically important to the growth of the economy, and as a result, this broad discussion has been researched continuously in many angles and views. One of the two main reasons that individuals become entrepreneurs is suggested to be of the higher level of moral reasoning skills that some individuals have compared to others, whether this ability is initially imbedded into the individual or it is developed throughout the moral issues that they are faced in their daily obstacles of their business. The second reason is the specific personality traits and characteristics an individual have that give him/her the incentive and the opportunity to engage in entrepreneurship, becoming an entrepreneur.
Bibliography: DuBrin, A.J. and Geerinck, T.: 2002, Human Relations: Interpersonal Job-Oriented Skills. Toronto: Prentice Hall, pp 21-25. Olson, D. ¡¥The Role of Entrepreneurial Personality Characteristics on Entry Decisions in a Simulated Market,¡¦ California State University at Bakersfield 12 Sept 2000. 13 Nov 2004. . Solymossy, E. and Masters, J. K. ¡§Ethics Through an Entrepreneurial Lens: Theory and Observation.¡¨ Journal of Business Ethics 38, 2002: 227-241. Pendergast, W. R. ¡§Entrepreneurial Contexts and Traits of Entrepreneurs.¡¨ California State Polytechnic University 2004. 13 Nov 2004. . Teal, E. J. and Carroll, A. B. ¡§Moral Reasoning Skills: Are Entrepreneurs Different?¡¨ Journal of Business Ethics 19, 1999: 229-240. Welles, E.O. 1996, ¡§Basic instincts: at its heart, management isn 't science; it 's instinct, convictions, a feel for the shrewd trade - and it happens on the fly. Just watch Eyal Balle.¡¨ Thomson Gale Group Database. Goldhirsh Group Inc. Retrieved on 4 Dec 2004. .