Psychological characteristics and process: the role of entrepreneurship in Spanish SMEs

Abstract

This research work uses data from 233 Spanish SMEs in order to test three alternative models regarding how psychological characteristics and strategic process affect organisational success: first, the individual model according to which the manager’s psychological characteristics entirely account for company performance; second, the process model, whereby strategic process directly contributes towards explaining organisational success; and third, the mediating model where the manager’s characteristics affect company success through their influence on strategic process. From the study it is concluded that the manager’s traits indirectly affect success through process and that this process has a direct influence on success, although we also observed the direct influence of manager’s characteristics on company success.

Citation

Entrialgo, M., Fernández, E. and Vázquez, C.J. (2000), "Psychological characteristics and process: the role of entrepreneurship in Spanish SMEs", European Journal of Innovation Management, Vol. 3 No. 3, pp. 137-149. https://doi.org/10.1108/14601060010334894