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Biology (prenatal testosterone), psychology (achievement need) and entrepreneurial impact

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  • Unger, Jens M.
  • Rauch, Andreas
  • Weis, Sophie E.
  • Frese, Michael

Abstract

Entrepreneurship holds the key to poverty alleviation and economic development. We find entrepreneurial impact as indicated by the number of jobs created by an entrepreneur is predicted by a biological factor – prenatal exposure to testosterone and a psychological factor – need for achievement. In a sample of 64 male German entrepreneurs we find that the interaction between prenatal exposure to testosterone and need for achievement predicted entrepreneurial impact. This study supports the idea that biological and psychological approaches need to be combined to explain social phenomena.

Suggested Citation

  • Unger, Jens M. & Rauch, Andreas & Weis, Sophie E. & Frese, Michael, 2015. "Biology (prenatal testosterone), psychology (achievement need) and entrepreneurial impact," Journal of Business Venturing Insights, Elsevier, vol. 4(C), pages 1-5.
  • Handle: RePEc:eee:jobuve:v:4:y:2015:i:c:p:1-5
    DOI: 10.1016/j.jbvi.2015.05.001
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    References listed on IDEAS

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    1. White, Roderick E. & Thornhill, Stewart & Hampson, Elizabeth, 2006. "Entrepreneurs and evolutionary biology: The relationship between testosterone and new venture creation," Organizational Behavior and Human Decision Processes, Elsevier, vol. 100(1), pages 21-34, May.
    2. Christine König & Holger Steinmetz & Michael Frese & Andreas Rauch & Zhong-Ming Wang, 2010. "Scenario-Based Scales Measuring Cultural Orientations of Business Owners," Springer Books, in: Andreas Freytag & Roy Thurik (ed.), Entrepreneurship and Culture, chapter 0, pages 171-200, Springer.
    3. Nicolaou, Nicos & Shane, Scott, 2010. "Entrepreneurship and occupational choice: Genetic and environmental influences," Journal of Economic Behavior & Organization, Elsevier, vol. 76(1), pages 3-14, October.
    4. Nicos Nicolaou & Scott Shane, 2010. "Entrepreneurship And Occupational Choice: Genetic And Environmental Influences," Post-Print hal-00856601, HAL.
    5. Zhang, Zhen & Zyphur, Michael J. & Narayanan, Jayanth & Arvey, Richard D. & Chaturvedi, Sankalp & Avolio, Bruce J. & Lichtenstein, Paul & Larsson, Gerry, 2009. "The genetic basis of entrepreneurship: Effects of gender and personality," Organizational Behavior and Human Decision Processes, Elsevier, vol. 110(2), pages 93-107, November.
    6. Ellen Garbarino & Robert Slonim & Justin Sydnor, 2011. "Digit ratios (2D:4D) as predictors of risky decision making for both sexes," Journal of Risk and Uncertainty, Springer, vol. 42(1), pages 1-26, February.
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    Cited by:

    1. Fossen, Frank M. & Neyse, Levent & Johannesson, Magnus & Dreber Almenberg, Anna, 2020. "2D:4D and Self-Employment Using SOEP Data: A Replication Study," IZA Discussion Papers 13180, Institute of Labor Economics (IZA).
    2. Haroon A.A. Saif & Usman Ghania, 2020. "Need for Achievement as a Predictor of Entrepreneurial Behavior: The Mediating Role of Entrepreneurial Passion for Founding and Entrepreneurial Interest," International Review of Management and Marketing, Econjournals, vol. 10(1), pages 40-53.
    3. Nicos Nicolaou & Phillip H. Phan & Ute Stephan, 2021. "The Biological Perspective in Entrepreneurship Research," Entrepreneurship Theory and Practice, , vol. 45(1), pages 3-17, January.
    4. Daniel L. Bennett & Boris Nikolaev, 2021. "Historical Disease Prevalence, Cultural Values, and Global Innovation," Entrepreneurship Theory and Practice, , vol. 45(1), pages 145-174, January.
    5. Maria João Guedes & Nicos Nicolaou & Pankaj C. Patel, 2019. "Genetic distance and the difference in new firm entry between countries," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 973-1016, July.

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