11. Mapping neurological drivers to entrepreneurial proclivity (original) (raw)

In Search of the "Entrepreneurial Mindset":Insights from Neuroscience

Academy of Management Proceedings, 2014

Why is that presentations on "neuro-entrepreneurship" are so well-attended (and applauded) yet little traction has really occurred? Similarly, in entrepreneurship we hear a regular drumbeat calling for nurturing the entrepreneurial mindset yet we see little progress in rigorously defining that. Nor do we see much progress is applying what we do know.

Brain-driven entrepreneurship research: Expanded review and research agenda towards entrepreneurial enhancement

2018

The advent of significant advances in neuroscience has produced the capacity to examine the human brain at a profound level, yet the academic and practical value of existing evidence based on neuroscience techniques and methods within the field of entrepreneurship remains unexplored. To address these issues, the author draws from entrepreneurship research and presents a braindriven approach as a basis for future in-depth studies on the role of cognitive, affective, motivational and hormonal mechanisms in entrepreneurship theory and practice. To further articulate a research agenda, the author reviews the state of knowledge of existing evidence by content analysis of articles published until 2016. The analysed articles incorporate the use of a brain-driven research perspective in their studies. It is found that although neuroscience affords unique technological opportunities, few studies have thus far benefited from these advances, and among existing studies, only the topic of entrep...

It takes three to tango": Brain, cognition and entrepreneurial enhancement

2017

In the global clash for unveiling the 'innermost secrets' of the brain, the field of neuroscience is the most fitting contender. Neuroscience is not quite ready to win the war for now, but it is assuredly equipped to win some battles. Notwithstanding that entrepreneurship is fundamentally a braindriven phenomenon, entrepreneurship research based on neuroscience's tools cannot be counted on the fingers of more than one hand. Grounded on a prior literature review that investigates the state of neuroscience's use in entrepreneurship research, this position paper reflects on the future implications that the utilization of neuroscience brings to entrepreneurship research and cognition. To articulate this exercise, I present the so-called five 'winds of disruption' to signal where to go next in the study of entrepreneurship from a brain-driven perspective. Next I spell out four ways to maximize neuroscience's inputs into entrepreneurship research. Furthermore, ...

Entrepreneurial cognition and social cognitive neuroscience

By offering an alternative to behavioral research methods, neuroscience has transformed cognitive psychology, social psychology, behavioral economics and other disciplines from which entrepreneurial cognition research regularly draws for theoretical insight. In this chapter we examine the potential of neuroscience methods, particularly from cognitive and social cognitive neuroscience, to explain the entrepreneurial phenomenon of forming and successfully implementing opportunity beliefs. After a primer on brain anatomy and neuroscience methods, we partition the entrepreneurial cognition literature into four distinct explanations of the formation and successful implementation of opportunity beliefs and identify the emergence of a fifth explanation that points to the future of neuroscience research. We then review relevant neuroscience literature that could further scholarly understanding of each perspective, and conclude with some general observations about entrepreneurial cognition made possible as a result of this application.

An Axiological Measure of Entrepreneurial Cognition

International Journal of Entreprneurial Behavior and Research , 2019

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The Biological Perspective in Entrepreneurship Research

Entrepreneurship Theory and Practice, 2020

The past decade has experienced a significant increase in the number of papers on the biology of entrepreneurship. This trend is aligned with the general interest in the biology of management studies as evidenced by the more than 300 articles already published (Nofal et al., 2018). It illustrates the progression of science along two dimensions. First is the drive to seek smaller units of analyses to identify the core mechanisms of action. Second is the opposing drive to seek larger units of analyses to identify general principles. These simultaneous processes move our understanding of social and natural phenomena closer to a unified theory. In this note, we reflect on how the biology of why, how, what, when, and where of entrepreneurship represents a natural progression from the institutional, organizational, and psychological explanations. We call this the biological perspective in entrepreneurship (BPE), which is illustrated by the papers in this volume. We examine the key domains of inquiry, various methodologies, and reflect on the directions that future research should take. We define the BPE as the body of research that examines the role of genetics (Nicolaou &

NAN-48243-brain-cortical-organization-of-entrepreneurs-during-visual-s 110813

Decision-making in entrepreneurs is a key aspect of their skills, but much about these processes remains unexplained. During a Stroop task, concomitant N200, P300, and N450 eventrelated potentials were measured in 25 founder entrepreneurs and in age-matched and gendermatched nonfounders/nonentrepreneurs (NFNE). Reaction times were shorter among founder entrepreneurs. The N200 was shorter and N450 larger in founder entrepreneurs. The personalities of both groups were measured using the Temperament and Character Inventory-Revised. Founder entrepreneurs scored significantly higher in novelty-seeking and self-directedness dimensions, as well as in exploratory excitability, impulsiveness, optimism, eagerness, and responsibility subdimensions. Possible interactions among candidate variables to differentiate between founder entrepreneurs versus NFNE were also addressed, and the model including impulsivity, N450 latency, and impulsivity*N450 interaction came up as the best model for discrimination between founder entrepreneurs and NFNE. A shorter N200, mostly associated with bilateral supplementary motor area activation, revealed a faster capability to make decisions when information was noncongruent or blurred. However, the larger N450 revealed a more intense post-evaluation cognitive process happening in founder entrepreneurs and was accompanied by a greater activation of anterior frontal regions. The whole decision-making process consumed more time and resources in founder entrepreneurs, even if its closure was faster. Attention, memory, and alertness, among other factors, have been invoked to explain some of these differences. Founder entrepreneurs may have cognitive and heuristic differences compared with the general population.

Divide Between Entrepreneurs And Non-Entrepreneurs: Neuroscientifical Perspective Of The Attitude To Risk

2021

Our research is an argument in the discussion about the specificity of entrepreneurial thinking: whether entrepreneur is a person with a special type of thinking (person-centric view), or he is more or less situationally “happens in the right place” (person-opportunity view). We extend traditional cantillonian notion of entrepreneurship and build our hypothesis on it. We observe subjects (self-reported entrepreneurs and non-entrepreneurs), involved in solving laboratory risk task. We measure left-frontal EEG asymmetry (stress) and arousal levels, as well as propensity to risk taking, using standard Balloon Analogue Risk Task (BART). We generally find that the level of propensity to risk, as well as stress and arousal levels, varies among participants according to their position in division of labour system. Patterns of stress and arousal levels in entrepreneurs differ from those of non-entrepreneurs. Our paper makes contribution to both person-sentric and individual-opportunity line...