Nav: Home

Values and gender shape young adults' entrepreneurial and leadership

March 26, 2018

Young adults who are driven by extrinsic rewards and money and less by a sense of security are more likely to want to become entrepreneurs and leaders, according to a recent study. The more young people value money and rewards at age 21, the more likely they are to have higher entrepreneurial and leadership aspirations at age 27.

The study was part of a research project funded under the Academy of Finland's Academy Programme BioFuture2025.

The study showed that a lower importance placed by young adults on security in their future work predicted higher entrepreneurial and leadership aspirations later in life. These results hold after factors such as personality and socio-economic background was controlled.

This topic has not been previously investigated in Finland. Work-related values nevertheless do seem to have a considerable impact on young adults' motivations and intentions to become entrepreneurs or business leaders. The longitudinal study FinEdu involved analyses in a sample of 1,138 young Finnish adults at age 21 and 27.

The results also revealed that a higher importance placed on social or interpersonal rewards at age 21 predicted lower entrepreneurial but higher leadership aspirations. Young adults who had high entrepreneurial aspirations placed high importance on autonomy.

The findings also reveal gender gaps. Compared to women, men place more importance on rewards and less importance on security. These factors are critical in shaping men's aspirations to business leadership and contribute to the gender gap therein.
-end-
More information

* Professor Katariina Salmela-Aro, University of Helsinki, tel. +358-50-415-5283, katariina.salmela-aro@helsinki.fi

Article:

Clements Lechner, Florencia Sortheix, Martin Obshonka and Katariina Salmela-Aro. "What Drives Future Business Leaders? How Work Values and Gender Shape Young Adults' Entrepreneurial and Leadership Aspirations". Journal of Vocational Behavior 107 (2018) 57-70.

Media contact

Academy of Finland Communications
Riitta Tirronen, Director of Communications
tel. +358-295-335-118
firstname.lastname(at)aka.fi

The Academy of Finland is a government agency within the administrative branch of the Finnish Ministry of Education, Science and Culture. Our mission is to fund high-quality scientific research, provide expertise in science and science policy, and strengthen the position of science and research. In 2018, our funding for research amounts to 444 million euros. Part of our funds come from proceeds of Finland's national gaming company Veikkaus. In 2018, these proceeds account for 70.7 million euros of our total funding for scientific research.

Academy of Finland

Related Entrepreneurs Articles:

Older entrepreneurs as successful as their younger counterparts, study reveals
From Steve Jobs to Mark Zuckerberg, the stories of prosperous, young innovators drive the American economic narrative.
Crowdfunding -- entrepreneurs should resist the urge to promise to save the Earth
Entrepreneurs seeking funds on business-oriented crowdfunding platforms should avoid over-emphasizing the social or environmental benefits of their start-ups or products if they are to maximize potential investment.
Entrepreneurs have different storytelling styles for presenting business
New pioneering research shows that entrepreneurs communicate to strengthen their professional image and stakeholder relationships -- and avoid blaming others.
Tech startups gravitate toward cities with strong social networks, study finds
The presence of technology startups can drive economic growth for their home cities.
Entrepreneurs: Get the trademark to succeed, research says
Startups and entrepreneurs should spend the effort and money to obtain trademarks, because trademarks help them succeed in both product and financial markets, researchers say.
Study: Want more investors to your startup? Better make an impassioned pitch
The brains of potential investors are wired to pay closer attention to entrepreneurs who pitch with passion, according to new research from Case Western Reserve University.
Location matters for home-based female entrepreneurs says new study
A study of 1800 working-aged residents in a public apartment complex in Colombia found that women were more likely to run a home-based business when their randomly-assigned unit was on the ground floor.
Friendships factor into start-up success (and failure)
New research co-authored by Cass Business School academics has found entrepreneurial groups with strong friendship bonds are more likely to persist with a failing venture and escalate financial commitment to it.
Study: Sleep is essential for business leaders seeking next successful venture
The secret ingredient for coming up with great business ideas that can take off, may be something we can all tap into -- a good night's sleep.
Locally-based Haitian social entrepreneurs empower disaster-stricken villages
The Academy of Management Journal has just published a paper titled Collective emotions in institutional creation work, which has been produced at Aalto University School of Business in collaboration with the University of Birmingham.
More Entrepreneurs News and Entrepreneurs Current Events

Trending Science News

Current Coronavirus (COVID-19) News

Top Science Podcasts

We have hand picked the top science podcasts of 2020.
Now Playing: TED Radio Hour

Climate Mindset
In the past few months, human beings have come together to fight a global threat. This hour, TED speakers explore how our response can be the catalyst to fight another global crisis: climate change. Guests include political strategist Tom Rivett-Carnac, diplomat Christiana Figueres, climate justice activist Xiye Bastida, and writer, illustrator, and artist Oliver Jeffers.
Now Playing: Science for the People

#562 Superbug to Bedside
By now we're all good and scared about antibiotic resistance, one of the many things coming to get us all. But there's good news, sort of. News antibiotics are coming out! How do they get tested? What does that kind of a trial look like and how does it happen? Host Bethany Brookeshire talks with Matt McCarthy, author of "Superbugs: The Race to Stop an Epidemic", about the ins and outs of testing a new antibiotic in the hospital.
Now Playing: Radiolab

Speedy Beet
There are few musical moments more well-worn than the first four notes of Beethoven's Fifth Symphony. But in this short, we find out that Beethoven might have made a last-ditch effort to keep his music from ever feeling familiar, to keep pushing his listeners to a kind of psychological limit. Big thanks to our Brooklyn Philharmonic musicians: Deborah Buck and Suzy Perelman on violin, Arash Amini on cello, and Ah Ling Neu on viola. And check out The First Four Notes, Matthew Guerrieri's book on Beethoven's Fifth. Support Radiolab today at Radiolab.org/donate.