Widespread attention is being paid to the alleged rise of narcissism in people in general and business leaders in particular. Surprisingly, hardly any studies have focused on the link between narcissism and entrepreneurship. Using self-reported data from 4798 respondents from three countries, we explore the associations between trait narcissism and six different entrepreneurial aspects that represent the entire entrepreneurial process. Overall, our findings suggest that a positive link exists between narcissism and entrepreneurship that is particularly salient in the early stage of the entrepreneurial process (e.g., entrepreneurial intention) and in the individual aspects of entrepreneurship (e.g., entrepreneurial orientation, well-being of the entrepreneur). Our additional analyses reveal that the adaptive aspect of narcissism (i.e., leadership/authority) is most consistently linked to entrepreneurship and that the links between narcissism and entrepreneurship are predominately linear. Finally, our findings are largely robust when different sets of controls are added.

Entrepreneurship, Mental health, Narcissism, Well-being
General Welfare; Basic Needs; Living Standards; Quality of Life; Happiness (jel I31), Human Capital; Skills; Occupational Choice; Labor Productivity (jel J24), Business Objectives of the Firm (jel L21), Firm Performance: Size, Age, Profit, and Sales (jel L25), Entrepreneurship (jel L26)
dx.doi.org/10.1016/j.jbvi.2020.e00216, hdl.handle.net/1765/132255
Journal of Business Venturing Insights
Erasmus University Rotterdam

Leung, Y.K, Franken, I.H.A, Thurik, A.R, Driessen, M. (Martijn), Kamei, K. (Katsuyuki), Torrès, O, & Verheul, I. (2021). Narcissism and entrepreneurship: Evidence from six datasets. Journal of Business Venturing Insights, 15. doi:10.1016/j.jbvi.2020.e00216