CHANCE NON-CONTROL AND ENTREPRENEURSHIP
Vol. Volumne 20, Number 3 September/2015
BOSTJAN ANTONCIC, JASNA AUER ANTONCIC, MATJAZ GANTAR and ZHAOYANG LI
The personality of entrepreneurs can have a large influence on entrepreneurial start-ups. The general locus of control, which is an element of the personality of entrepreneurs, can be considered to be critical for the creation of entrepreneurial start-ups. Despite the generally acknowledged importance of one’s locus of control for entrepreneurial intentions and new firm start-ups, a research gap exists since less emphasis has been given to external locus of control, in particular chance control. Chance non-control can be defined as a person’s disbelief in chance- or luck-based outcomes. In this study, a country-moderated hypothesis about the relationship between a person’s chance non-control and his or her entrepreneurship (activities or intentions) was developed and empirically tested by using data collected via a structured questionnaire from 645 students in three countries (China, Finland, and Slovenia). Regression analysis was used to test the hypothesis. Based on the findings, which were partially in support of the moderated hypothesis, recommendations for research and practice were proposed. The key contribution of the study is the explanation of the role of chance non-control in entrepreneurship and the notion that the relationship between chance non-control and entrepreneurship tends to be moderated depending on uncertainty avoidance.
Keywords: chance non-control, start-up, entrepreneurship, uncertainty avoidance, moderation