Entrepreneurial Potential: An Exploratory Study of Business Students in the U.S. and Germany

Developed economies have experienced decreasing entrepreneurial activity. The literature on entrepreneurs has identified psychological attributes that are related to entrepreneurial potential. This study investigates the presence of such psychological attributes in graduate business students in the U.S. and Germany and explores whether differences by country in such attributes exist. The findings demonstrate that the development of some entrepreneurial characteristics for German respondents was significantly lower than for American respondents. Implications of the findings are discussed.