Charismatic leadership and entrepreneurial activity: An empirical analysis [Liderazgo carismático y actividad empresarial: Un análisis empírico]

Entrepreneurship literature frequently identifies entrepreneurs as possessing a charismatic personality. Charisma is broadly defined as a combination of the talent to foresee market opportunities and the ability to motivate other people in the materialization of these opportunities. Business organiz...

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Autores:
Tipo de recurso:
Fecha de publicación:
2013
Institución:
Universidad de Medellín
Repositorio:
Repositorio UDEM
Idioma:
eng
OAI Identifier:
oai:repository.udem.edu.co:11407/1322
Acceso en línea:
http://hdl.handle.net/11407/1322
Palabra clave:
Charismatic leadership
Entrepreneurial activity
Entrepreneurship
GEM
Global leadership dimensions
Rights
restrictedAccess
License
http://purl.org/coar/access_right/c_16ec
Description
Summary:Entrepreneurship literature frequently identifies entrepreneurs as possessing a charismatic personality. Charisma is broadly defined as a combination of the talent to foresee market opportunities and the ability to motivate other people in the materialization of these opportunities. Business organizations also provide the context for developing skills and knowledge, which is particularly valuable for potential entrepreneurs who identify business opportunities. Using a sample of 41 countries, we show that higher rates of charismatic leadership at the country level are positively associated with entrepreneurial activity. This outcome suggests that both business-oriented and educational organizations that promote charismatic leadership play a significant role in the development of entrepreneurial incubators.