The why and the how: A nexus on how opportunity, risk and personality affect entrepreneurial intention

Opportunity-recognition, risk-taking and personality traits are central person-oriented characteristics for entrepreneurial intention. Despite the fact that various explanations have been proposed on how they affect intention, it is still unclear which explanation most forceful one. This study compares three explanatory mechanisms reveals a newly derived trait−opportunity−risk nexus explains best why individuals intend to become entrepreneurs. The was tested with 412 employees who provided information their Big Five traits, opportunity-recognition skills, risk-taking, Findings of serial mediation model indicate interdependencies between be considered sequentially understand these In essence, more open, conscientious, extraverted stable recognize business opportunities easily. regret missing out profitable likely pushes them take risks, then enhances