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Personal helplessness and self-reliance as predictors of small business development in Russia: pilot study results

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TLDR
Tsiring et al. as discussed by the authors studied the influence of personal helplessness on individuals' choice of professional activity and found that the motivational component of self-reliance (autonomy and internality) influenced the choice of entrepreneurial career the most.
Abstract
Small business is supposed to be the driver of economies. The pressing problem of involving young people in entrepreneurship could be resolved within the theory of “personal helplessness – self-reliance”, which are considered to be the poles of one continuum. Personal helplessness refers to a personal complex characteristic involving a low level of ability to transform reality, to control events of one’s own life, to set and reach goals, and to overcome difficulties (D. Tsiring 2010). To test the idea of the influence of “personal helplessness – self-reliance” on individuals’ choice of professional activity, we studied this phenomenon in groups of entrepreneurs (N = 30) and civil servants (N = 30) and then compared the results. The comparison revealed business owners to be more close to the pole of self-reliance: they are more purposeful, creative, and independent, and they are less aggressive and susceptible; they have a higher behavior censorship and an internal locus of control. However, Russian entrepreneurs are more pessimistic: they perceive “bad” events as permanent, and they do not expect future changes for the better, which is considered to be an indicator of personal helplessness. Moreover, it was revealed that the motivational component of “personal helplessness – self-reliance” (autonomy and internality) influenced the choice of entrepreneurial career the most. Further theoretical applications are discussed, and recommendations for the entrepreneurial career choice are proposed.

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Citations
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Journal ArticleDOI

The Influence of Internet Entrepreneur-Related Word-of-Mouth (WOM) on Corporate Image Association

Bing Yuan, +1 more
- 01 Jan 2019 - 
TL;DR: Zhang et al. as mentioned in this paper explored the relationship between two types of entrepreneur-related Word-of-mouth (WOM) and the two afore-mentioned types of consumer associations.
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Economic Attitudes and Perceptions of Poverty in Indigenous College Students in Mexico from the Intercultural Approach.

TL;DR: In this paper, the authors examined the association between the economic attitude and the perception of poverty through the comparison of a sample of intercultural college students from different ethnic groups in Mexico.
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E-Business Career Opportunities and Implications for Fresh University Graduates in Pakistan

TL;DR: In this article , the authors tried to determine the factors that motivate the fresh graduates towards e-business adoption in Pakistan by using a self-administered questionnaire and was analyzed through correlation and regression analysis using SPSS 23.0.
Journal ArticleDOI

Features of entrepreneurial economic mind in Russian small eco-business

TL;DR: In this article, the authors analyzed the economic attitudes of the entrepreneurs compared to employees and identified four main strategies of the economic behavior of entrepreneurs: economic activity based on financial knowledge, the strategy of high goals combined with low risk and financial optimism.
References
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Book

Self-Efficacy: The Exercise of Control

TL;DR: SelfSelf-Efficacy (SE) as discussed by the authors is a well-known concept in human behavior, which is defined as "belief in one's capabilities to organize and execute the courses of action required to produce given attainments".
Book

Learned Optimism: How to Change Your Mind and Your Life

TL;DR: learned optimism how to change your mind and change your life learned optimism howto change my mind and my life as discussed by the authors, the father of the new science of positive psychology and author of authentic happiness draws on more than twenty years of clinical research to demonstrate how optimism enchances the quality of life, 59 seconds change my life in under a minute.
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The career reasons of nascent entrepreneurs

TL;DR: The authors explored the reasons that nascent entrepreneurs offered for their work and career choices and compared those responses to the reasons given by a group of nonentrepreneurs, finding that self-realization, financial success, roles, innovation, recognition, and independence were the most common reasons for entrepreneurship.
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"I think I can, I think I can": Overconfidence and entrepreneurial behavior

TL;DR: The authors found that subjective, and often biased, perceptions have a crucial impact on new business creation across all countries in their sample and that the strongest cross-national covariate of an individual's entrepreneurial propensity is whether the person believes herself to have the sufficient skills, knowledge, and ability to start a business.
Journal ArticleDOI

Entrepreneurs' Optimism And New Venture Performance: A Social Cognitive Perspective

TL;DR: The authors demonstrate a negative relationship between entrepreneurs' optimism and the performance (revenue and employment growth) of their new ventures and illustrate the benefits of applying a social cognitive perspective toward efforts to understand key aspects of the new venture creation and development process.
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