Personality of the entrepreneur and its relationship with innovation in micro and small enterprises in the Ecuador-Colombia border context
Keywords:
personality, entrepreneur, innovation, border context, Ecuador, ColombiaAbstract
The purpose of this study is to determine the relationship between the personality of the entrepreneur (emotional stability, sympathy, conscience, openness to experience, extraversion) and business innovation. It is based on the Upper Echelons Theory. Therefore, 413 surveys of 219 Ecuadorian entrepreneurs and 194 Colombian entrepreneurs of micro and small companies were collected in the border context of Ecuador and Colombia, specifically in the Carchi Province and the Nariño Department in times of pandemic. The data collected were processed in SPSS by using hierarchical regressions. The main findings allowed determining that there is a positive and meaningful relationship between the following personality traits of the Ecuadorian entrepreneur: emotional stability, openness to experience and awareness of innovation (β = 0.31, p<0.001; β = 0.36, p<. 0.001; β = 0.24, p<0.001). In the case of the Colombian entrepreneur, it was found a negative and non-meaningful relationship in the traits of emotional stability with innovation (β = -0.10). On the other hand, the relationship of Colombian entrepreneurs with conscious personality traits with innovation was positive and non-meaningful (β = 0.10).
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