Perspiration and inspiration: Grit and innovativeness as antecedents of entrepreneurial success

Todd Mooradian, Kurt Matzler, Borislav Uzelac*, Florian Bauer

*Corresponding author for this work

Research output: Contribution to journalArticle (Academic Journal)peer-review

82 Citations (Scopus)

Abstract

Venture success has been related to numerous characteristics of entrepreneurs including their enduring personality traits. Separately, recent scholarship has elucidated trait “Grit” comprising two dimensions, “Consistency of Interests” (or “Passion”) and “Perseverance of Effort”, and validated Grit as a predictor of success in areas such as education, military training, and income. We report a study with a sample of Austrian entrepreneurs relating Grit as well as firm-level Innovativeness to entrepreneurial success. We show that both Grit and Innovativeness predict success; Grit affects success directly and in effects that are mediated by Innovativeness.

Original languageEnglish
Pages (from-to)232-243
Number of pages12
JournalJournal of Economic Psychology
Volume56
DOIs
Publication statusPublished - 1 Oct 2016

Bibliographical note

Funding Information:
We thank the Fermilab staff and the technical staffs of the participating institutions for their vital contributions. This work was supported by the U.S. Department of Energy and National Science Foundation; the Italian Istituto Nazionale di Fisica Nucleare; the Ministry of Education, Culture, Sports, Science and Technology of Japan; the Natural Sciences and Engineering Research Council of Canada; the National Science Council of the Republic of China; the Swiss National Science Foundation; the A. P. Sloan Foundation; the Bundes?>ministerium fuer Bildung und Forschung, Germany; the Korean Science and Engineering Foundation and the Korean Research Foundation; the Particle Physics and Astronomy Research Council and the Royal Society, UK; the Russian Foundation for Basic Research; the Comision Interministerial de Ciencia y Tecnologia, Spain; in part by the European Community’s Human Potential Programme under Contract No. HPRN-CT-20002, Probe for New Physics; and by the Research Fund of Istanbul University Project No. 1755/21122001.

Publisher Copyright:
© 2016 Elsevier B.V.

Keywords

  • Entrepreneurship
  • Grit
  • Innovativeness
  • Personality traits

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