The characteristics of bioentrepreneurs in the Australian biotechnology industry: A pilot study

2007 ◽  
Vol 13 (4) ◽  
pp. 383-406
Author(s):  
Julian W Yim ◽  
Rae Weston

AbstractIn order to understand the characteristics of bioentrepreneurs, this paper seeks to identify the entrepreneurial types present in the Australian biotechnology industry by using the four-way psychological typology (Miner 2000) and identifying linkages between the four-way psychological typology and the Big Five model of personality traits. We believe this is a new approach to using psychological typology in the study of entrepreneurship by mapping with the Big Five model of personality traits. Miner's four typological types are ‘personal achievers’ (PA), ‘super sales people’ (SS), ‘expert idea generators’ (EI) and ‘real managers’ (RM). The Big Five factors are extraversion (Ex), stability/emotion stability (Es), agreeableness (Ag), conscientiousness (Co), and openness to experience (Op). By combining the entrepreneurial types and the five-factor personality traits, we can map the linkage relationships as PA-ExEsCoOp; SS-ExAgCoOp; EI-ExEsOp and RM-ExEsCoOp.In this pilot study, we find there are more ‘personal achiever’ and ‘expert idea generator’ bioentrepreneurs in the biotech industry with the linkage relationships of PA-ExEsCoOp and EI-Ex EsOp, which lead us to conclude there are strong demands for bioentrepreneurs with managerial skills, sales and marketing skills, skills in forming strategic alliance with partners and skills in securing the public and private capitals through finance channels such as public listing and venture capital. This implies that if PA entrepreneurs acquired more agreeableness personality traits and EI entrepreneurs also acquired more agreeableness and conscientiousness personality traits they would improve the ability of their businesses to attract more financial investments and form sustainable strategic alliance with partners in the Australian biotechnology industry.

2007 ◽  
Vol 13 (4) ◽  
pp. 383-406 ◽  
Author(s):  
Julian W Yim ◽  
Rae Weston

AbstractIn order to understand the characteristics of bioentrepreneurs, this paper seeks to identify the entrepreneurial types present in the Australian biotechnology industry by using the four-way psychological typology (Miner 2000) and identifying linkages between the four-way psychological typology and the Big Five model of personality traits. We believe this is a new approach to using psychological typology in the study of entrepreneurship by mapping with the Big Five model of personality traits. Miner's four typological types are ‘personal achievers’ (PA), ‘super sales people’ (SS), ‘expert idea generators’ (EI) and ‘real managers’ (RM). The Big Five factors are extraversion (Ex), stability/emotion stability (Es), agreeableness (Ag), conscientiousness (Co), and openness to experience (Op). By combining the entrepreneurial types and the five-factor personality traits, we can map the linkage relationships as PA-ExEsCoOp; SS-ExAgCoOp; EI-ExEsOp and RM-ExEsCoOp.In this pilot study, we find there are more ‘personal achiever’ and ‘expert idea generator’ bioentrepreneurs in the biotech industry with the linkage relationships of PA-ExEsCoOp and EI-Ex EsOp, which lead us to conclude there are strong demands for bioentrepreneurs with managerial skills, sales and marketing skills, skills in forming strategic alliance with partners and skills in securing the public and private capitals through finance channels such as public listing and venture capital. This implies that if PA entrepreneurs acquired more agreeableness personality traits and EI entrepreneurs also acquired more agreeableness and conscientiousness personality traits they would improve the ability of their businesses to attract more financial investments and form sustainable strategic alliance with partners in the Australian biotechnology industry.


Author(s):  
Ayşe I. Kural ◽  
Berrin Özyurt

Research has demonstrated consistently that personality and perceived stress, independently, are essential factors for university adjustment among university freshmen; however, little is known about the associations between personality, perceived stress, and adjustment together. Our primary goal was to explore the predictive utility of perceived stress for explaining university adjustment among university freshmen ( N = 290). We also tested the moderating role of personality traits and this research was embedded within a Big Five model of personality including the sixth trait for Turkish context, ‘Negative Valence’. Results addressed that only conscientiousness and negative valence moderated the perceived stress and adjustment association. Students high on negative valence and/or conscientiousness tended to experience the detrimental effect of perceived stress on university adjustment more due to their personality. These results suggested that personality might be an important factor to include in adjustment fostering interventions for freshmen at universities.


2004 ◽  
Vol 30 (4) ◽  
Author(s):  
Deléne Visser ◽  
J. M. Du Toit

The widespread acceptance of the Big Five model implies that personality consists of relatively independent dimensions that form a taxonomy whereby individual differences may be explained. The purpose of this study was to investigate whether the subscales of an established personality inventory that measures narrow traits of personality, the Occupational Personality Questionnaire (OPQ), could be reduced meaningfully to fit a broad factor model within a South African context. The OPQ 5.2 concept model was administered to 453 job applicants in the telecommunications sector. An exploratory factor analysis yielded a six-factor structure that included five factors corresponding to the Big Five model of personality. The sixth factor, labeled Interpersonal Relationship Harmony, resembled the description of the Chinese tradition factor, extracted in a non-Western society. Opsomming Die wye aanvaarding van die Groot-Vyfmodel impliseer dat persoonlikheid uit relatief onafhanklike dimensies bestaan wat ’n taksonomie vorm waarmee individuele verskille verklaar kan word. Die doel van die ondersoek was om vas te stel of die subskale van ’n gevestigde persoonlikheidsvraelys wat gedetailleerde persoonlikheidstrekke meet, die Occupational Personality Questionnaire (OPQ), op sinvolle wyse gereduseer kon word tot ’n breë faktormodel in ’n Suid-Afrikaanse konteks. Die OPQ 5.2 konsepmodel is toegepas op 453 werkapplikante in die telekommunikasiesektor. ’n Ondersoekende faktorontleding het ’n sesfaktorstruktuur gelewer, insluitende vyf faktore wat met die Groot Vyf persoonlikheidsmodel ooreenstem. Die sesde faktor wat as Interpersoonlike Verhoudingsharmonie benoem is, toon ooreenstemming met die Chinese tradisiefaktor wat in ’n nie-Westerse samelewing onttrek is.


2012 ◽  
Vol 111 (2) ◽  
pp. 641-651 ◽  
Author(s):  
Zhongquan Li ◽  
Zhiqin Sang ◽  
Li Wang ◽  
Zhanbiao Shi

The present purpose was to validate the Mini—IPIP scale, a short measure of the five-factor model personality traits, with a sample of Chinese earthquake survivors. A total of 1,563 participants, ages 16 to 85 years, completed the Mini—IPIP scale and a measure of posttraumatic stress disorder (PTSD) symptoms. Confirmatory factor analysis supported the five-factor structure of the Mini—IPIP with adequate values of various fit indices. This scale also showed values of internal consistency, Cronbach's alphas ranged from .79 to .84, and McDonald's omega ranged from .73 to .82 for scores on each subscale. Moreover, the five personality traits measured by the Mini—IPIP and those assessed by other big five measures had comparable patterns of relations with PTSD symptoms. Findings indicated that the Mini—IPIP is an adequate short-form of the Big-Five factors of personality, which is applicable with natural disaster survivors.


2021 ◽  
Vol 12 ◽  
Author(s):  
Paweł Piepiora

The purpose of this article is to define the perspective from which a coach should analyze and evaluate personality traits that influence sports performance in team sports. The subjects of the research are Polish players (N = 300) in senior age (20–29 years) from 10 team sports (each n = 30). A sample of champions (n = 13) was selected from the study population, and the Big Five model was applied to examine their personality with the use of the NEO Five-Factor Inventory questionnaire. Statistical analyses were performed with the IBM SPSS Statistics software, version 25. The study revealed statistically significant differences between team sports in four personality traits: neuroticism, extraversion, agreeableness, and conscientiousness. Champions of team sports were characterized by a lower level of neuroticism, a higher level of extraversion, and openness to experiences in relation to other sportsmen. It was also confirmed that the personality traits distribution levels depend on the sport discipline. Therefore, an important role must be assigned to those mental training techniques that favor emotional balance, team communication, and tactical thinking skills and are manifested in triggering start-up readiness.


Psichologija ◽  
2008 ◽  
Vol 37 ◽  
pp. 71-84 ◽  
Author(s):  
Antanas Kairys

Straipsnyje nagrinėjama vienos iš klasikinių paradigmų – bruožų teorijos (o konkrečiau, Didžiojo penketo modelio) – ieškojimai šiuolaikinėje asmenybės psichologijoje. Šiandien nemažai tyrimų, apimančių ir asmenybės kintamuosius, atliekama remiantis Didžiojo penketo modeliu. Nepaisant to, šis modelis vertinamas kontroversiškai. Vieni autoriai pabrėžia Didžiojo penketo modelio pranašumus (empirinis pagrįstumas, patvirtinimas tarpkultūriniais tyrimais, individualių skirtumų stabilumas ir modelio praktinė vertė), kiti vardija jo trūkumus (teorinio pagrįstumo nepakankamumas, išskirtų faktorių ortogonalumo klausimas, tarpkultūrinių tyrimų problemos, abejonės dėl prognostinės modelio vertės). Aktyviai ieškoma alternatyvių, tobulesnių už Didįjį penketą modelių. Vis dėlto argumentų už Didįjį penketą kur kas daugiau negu prieš: nepaisant kritikos ir bandymų ieškoti naujo, tinkamesnio modelio, Didysis penketas šiuo metu yra vienas realiausių pretendentų tapti vieningai pripažįstama asmenybės teorija. Pagrindiniai žodžiai: asmenybės bruožai, Didysis penketas, Penketo faktorių modelis.THE BIG FIVE: PRO ET CONTRAAntanas Kairys SummaryThe field of the personality research is very active these days; probably more research is being conducted than ever. Most of the research studies are conducted referring to the Big Five model. Nevertheless, this model is controversial. Some researchers emphasize the merits of the Big Five model and the others name the shortcomings of the model. The main merits of the Big Five model are: empirical validity, cross-cultural validity, stability of individual differences and practical model value. Still the Big Five model receives criticism. The main critiques are: discussions about lexical hypothesis, orthogonality of factors, problems in cross – cultural research and prognostic value of the Big Five model. Despite the debates, nonetheless, the strongest arguments are for Big Five model. There is more empirical evidence still difficulties arise because of the research procedure or method inaccuracy. Most of the researchers confirmed that it is complicated to extract less than five factors in many research data. Five factors is the optimal number. There also have been determined many associations between Big Five traits and other mental / psychological phenomena. For a long time Big Five was only the research model, but presently initial theoretical interpretations were offered – R. R. McCrae and P. T. Costa Five Factor Theory also D. P. McAdams and J. L. Pals New Big Five. This was a substantial sally – Big Five has a potential to become the real personality theory, but there are still some problems left unsolved – extracted factor relevance to the individual in large samples is unclear, newly posed statements about personality structure lack empirical evidence. Alternative models to the Big Five model are offered: Biggest One, Big Two, Giant Three, HEXACO and Big Seven. Presently alternative models are not in competition with Big Five. Perhaps more promising is a HEXACO model with its theoretical interpretations. Alternative models to Big Five model play another important role – they encourage cross-cultural research, the search of the neurological correlates. Thus Big Five is very dynamic field of personality research, pretending to become very important and influential personality theory. Herewith it is obvious: there is an essential challenge against Big Five model– whether it will become one or not? Establishing Big Five or other close models’ theoretical interpretations give hope, but the final result is still to be expected.Key words: personality traits, Five Factor Model, Big Five.


2021 ◽  
Vol 24 (1) ◽  
pp. 31-48
Author(s):  
Stanislava Popov ◽  
Jelena Sokić ◽  
Danijela Radović

The personality characteristics of children and adolescents explained by the Big Five model have been studied much less than the personality characteristics of adults. One of the rare self-assessment personality instruments for the preadolescent and adolescent age is the Big Five Questionnaire for Children (BFQ-C). The aim of this study is an evaluation and presentation of the latent structure and some psychometrical characteristics of the BFQ-C in the Serbian language. The sample consisted of 881 participants (54% female) who attended the final grades of primary and the initial grades of secondary schools (M=14 years, SD = .99). The original model, previously addressed across different cultures and languages, was tested through CFA. The hypothesized model did not obtain satisfactory fit indices. Following these results, the sample was randomly divided into two datasets. We opted for further exploration of the Serbian version of BFQ-C's latent structure and the development of its shorter version. The final result is the 29-item questionnaire solution (SBFQ-C-29), with loadings on five factors with satisfactory internal consistency, homogeneity, and adequacy, consistent with the previous studies addressing different cultures and languages.


2018 ◽  
Vol 76 (1) ◽  
pp. 100-108 ◽  
Author(s):  
Robert Tomšik ◽  
Viktor Gatial

Personality plays a significant role in influencing motivation for choosing a perspective profession. As empirical evidence confirmed, personality traits conscientiousness, openness to experience, extraversion are in positive correlation with intrinsic motives for choosing teaching as a profession (in negative with personality trait neuroticism), and in negative correlation with extrinsic motivation and fallback career (in positive with personality trait neuroticism). The primary aim of research is to point out the importance of personality traits in career choices via detecting which personality traits are predictors of fallback career. In the research first grade university students (teacher trainees; N = 402) completed the Five Factor Inventory and SMVUP-4-S scale. As results show, Big Five personality traits are in correlation with fallback career and are a significant predictor of fallback career. The Big Five model together explained 17.4% of the variance in fallback career, where personality traits agreeableness, conscientiousness, openness to experience and neuroticism has been shown as a statistically significant predictor of fallback career of teacher trainees. Keywords: Big Five, career choice, fallback career, personality traits.


2019 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
H. Kent Baker ◽  
Satish Kumar ◽  
Nisha Goyal

Purpose This paper examines the relation between the Big Five model of personality traits and behavioral biases (overconfidence, disposition effect, anchoring, representativeness, metal accounting, emotional bias and herding) of Indian individual investors when making investment decisions. Design/methodology/approach The authors use a structured questionnaire to obtain responses from 515 stock investors in India between August 2016 and January 2017. Based on components identified through factor analysis, the authors use structural equation modeling to examine the effect of specific personality traits. Findings The findings indicate a significant association between the traits of neuroticism, extroversion and conscientiousness as well as behavioral biases of individual investors. Openness has a significant relation with only mental accounting and the agreeableness trait has no relation with the behavioral biases examined. Research limitations/implications The findings imply that understanding investor personality differences and investment psychology can help financial advisors and wealth managers modify products and services to better suit client needs. Originality/value To the best of the authors’ knowledge, no previous study has examined the impact of the Big Five model of personality traits on various behavioral biases among Indian investors.


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