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Why and how do founding entrepreneurs bond with their ventures? Neural correlates of entrepreneurial and parental bonding

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  • Lahti, Tom
  • Halko, Marja-Liisa
  • Karagozoglu, Necmi
  • Wincent, Joakim

Abstract

This paper investigates why and how founding entrepreneurs bond with their ventures. We develop and test theory about the nature of bonding in a functional magnetic resonance imaging (fMRI) study of 42 subjects (21 entrepreneurs and 21 parents). We find that entrepreneurs and parents show similar signs of affective bonding, that self-confidence plays a role in bonding style, and that the degree to which entrepreneurs include their ventures in the self and to which parents include their child in the self influences their ability to make critical assessments. Our findings suggest that bonding is similar for entrepreneurs and parents and that venture stimuli influence reward systems, self-regulatory functions, and mental factors that are associated with judgment.

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  • Lahti, Tom & Halko, Marja-Liisa & Karagozoglu, Necmi & Wincent, Joakim, 2019. "Why and how do founding entrepreneurs bond with their ventures? Neural correlates of entrepreneurial and parental bonding," Journal of Business Venturing, Elsevier, vol. 34(2), pages 368-388.
  • Handle: RePEc:eee:jbvent:v:34:y:2019:i:2:p:368-388
    DOI: 10.1016/j.jbusvent.2018.05.001
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    3. Brett Smith & Amanda Lawson & Saulo Dubard-Barbosa & Jessica Jones, 2023. "Navigating the highs and lows of entrepreneurial identity threats to persist : The countervailing force of a relational identity with God," Post-Print hal-04325701, HAL.
    4. Andreas Rauch & Willem Hulsink, 2023. "Just one Damned Thing After Another: Towards an Event-based Perspective of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 47(3), pages 662-681, May.
    5. 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.
    6. Yu, Wei & Li, Zhuyi Angelina & Foo, Maw-Der & Sun, Shuhua, 2022. "Perceived social undermining keeps entrepreneurs up at night and disengaged the next day: The mediating role of sleep quality and the buffering role of trait resilience," Journal of Business Venturing, Elsevier, vol. 37(2).
    7. Mathias, Blake D. & Wang, Stephanie, 2023. "Not so silent partners: Exploring the interconnected roles of entrepreneurs and their spouses," Journal of Business Venturing, Elsevier, vol. 38(4).
    8. Lazar, Moran & Miron-Spektor, Ella & Mueller, Jennifer S., 2022. "Love at first insight: An attachment perspective on early-phase idea selection," Organizational Behavior and Human Decision Processes, Elsevier, vol. 172(C).
    9. Hunt, Richard A. & Lerner, Daniel A. & Ortiz-Hunt, Avery, 2022. "Lassie shrugged: The premise and importance of considering non-human entrepreneurial action," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    10. Kurdoglu, Rasim Serdar & Lerner, Daniel & Ates, Nufer Yasin, 2022. "Unsticking the rationality stalemate: Motivated reasoning, reality, and irrationality," Journal of Business Venturing Insights, Elsevier, vol. 18(C).
    11. Smith, Brett R. & Lawson, Amanda & Dubard Barbosa, Saulo & Jones, Jessica, 2023. "Navigating the highs and lows of entrepreneurial identity threats to persist: The countervailing force of a relational identity with God," Journal of Business Venturing, Elsevier, vol. 38(4).

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