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From the 1980s through the early 1990s, Brazil’s economy encountered severe economic conditions that were not conducive to entrepreneurship. Despite these conditions, entrepreneurial endeavors were undertaken. Given the number of firms created during this period, this reactionary behavior raises questions about entrepreneurial psychodynamics. Using the psychological characteristics school of thought as a framework, this study examines the relationship between entrepreneurial behavior and the psychodynamic dimensions of disposition and business desire among entrepreneurs in Sao Paulo, Brazil during a period of economic turmoil. Results of the ANOVA technique indicate that male and female Brazilian entrepreneurs differ in both psychodynamic dimensions.

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