Investigating how non-cognitive skills—captured by traits—influence entrepreneurial behaviour helps understand why some individuals are more likely to become and remain entrepreneurs. This chapter reviews research on the relationship between personality traits and entrepreneurship. With respect to the entry decision, research finds that high scores in three of the Big Five factors (openness to experience, ...
Following yesterday's Bundestag elections, DIW President Marcel Fratzscher commented on the results and the challenges facing the new German government: