Opportunity recognition and the tendency to be an entrepreneur: A bivariate genetics perspective

Organizational Behavior and Human Decision Processes

Volumn 110, Issue 2, 2009, Pages 108-117

  Nicolaou, Nicos ^a   Shane, Scott ^b   Cherkas, Lynn ^c   Spector, Tim D ^c  

^a UNIVERSITY OF CYPRUS   (Cyprus)

^b CASE WESTERN RESERVE UNIVERSITY   (United States)

^c KING'S COLLEGE LONDON   (United Kingdom)

Author keywords

Behavioral genetics; Entrepreneurship; Opportunity recognition

Indexed keywords

EID: 70350302328     PISSN: 07495978     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.obhdp.2009.08.005     Document Type: Article

References (84)

1. Ahmed S. nAch, risk taking, locus of control and entrepreneurship. Personality and Individual Differences 6 (1985) 781-782
2. Akaike H. Factor analysis and AIC. Psychometrika 52 (1987) 317-332
3. Aldrich H. Organizations evolving (1999), Sage, London
4. Aldrich H., and Kim P. A life course perspective on occupational inheritance: Self-employed parents and their children. In: Ruef M., and Lounsbury M. (Eds). Research in the Sociology of Organizations (2007), Amsterdam, JAI Press
5. Aldrich H., Rosen B., and Woodward B. The impact of social networks on business foundings and profit: A longitudinal study. In: Churchill N. (Ed). Frontiers of entrepreneurship research (1987), Babson College, Babson Park, MA 154-168
6. Amit R., Muller E., and Cockburn I. Opportunity costs and entrepreneurial activity. Journal of Business Venturing 10 (1995) 95-106
7. Ardichvili A., Cardozo R., and Ray S. A theory of entrepreneurial opportunity identification and development. Journal of Business Venturing 18 (2003) 105-123
8. Arvey R., Bouchard T., Segal N., and Abraham L. Job satisfaction: Environmental and genetic components. Journal of Applied Psychology 74 (1989) 187-192
9. Arvey R.D., Rotundo M., Johnson W., Zhang Z., and McGue M. The determinants of leadership role occupancy: Genetic and personality factors. The Leadership Quarterly 17 (2006) 1-20
10. Baron R.A. Behavioral and cognitive factors in entrepreneurship. Strategic Entrepreneurship Journal 1 (2007) 167-182
11. Baron R.A., and Ensley M.D. Opportunity recognition as the detection of meaningful patterns: Evidence from comparisons of novice and experienced entrepreneurs. Management Science 52 (2006) 1331-1344
12. Baron R.A., and Ozgen E. Social sources of information in opportunity recognition: Effects of mentors, industry networks, and professional forums. Journal of Business Venturing 22 (2007) 174-192
13. Bitler M.P., Moskowitz T., and Vissing-Jørgensen A. Testing agency theory with entrepreneur effort and wealth. Journal of Finance 60 (2005) 539-576
14. Bouchard T., and Loehlin J. Genes, evolution and personality. Behavior Genetics 31 (2001) 243-273
15. Bouchard T., McGue M., Hur Y., and Horn J. A genetic and environmental analysis of the California Psychological Inventory using adult twins reared apart and together. European Journal of Personality 12 (1998) 307-320
16. Brush C.G. Research on women business owners: Past trends, a new perspective and future dimensions. Entrepreneurship Theory and Practice 16 (1992) 5-30
17. Burke A.E., FitzRoy F.R., and Nolan M.A. When less is more: Distinguishing between entrepreneurial choice and performance. Oxford Bulletin of Economics and Statistics 62 (2000) 567-587
18. Butler J.E. Opportunity identification and entrepreneurial behavior (2004), Information Age Publishing, Greenwich, CT
19. Caird S. The enterprising tendency of occupational groups. International Small Business Journal 9 (1991) 75-81
20. Carey G. Human genetics for the social sciences (2003), Sage Publications, Thousand Oaks
21. Casson M., and Wadeson N. The discovery of opportunities: Extending the economic theory of the entrepreneur. Small Business Economics 28 (2007) 285-300
22. Choi Y.R., and Shepherd D.A. Entrepreneurś decisions to exploit opportunities. Journal of Management 30 (2004) 377-395
23. Comings D., Gonzalez N., Wu S., Gade R., Muhleman D., Saucier G., et al. Studies of the 48 bp repeat polymorphism of the DRD4 gene in impulsive, compulsive, and addictive behaviors: Tourette syndrome, ADHD, pathological gambling, and substance abuse. American Journal of Medical Genetics 88 (1999) 358-368
24. Cromie S., and Birley S. Networking by female business owners in Northern Ireland. Journal of Business Venturing 7 (1993) 237-251
25. Cromie S., and O'Donaghue J. Assessing entrepreneurial inclinations. International Small Business Journal 10 (1992) 66-73
26. Delmar F., and Davidsson P. Where do they come from? Prevalence and characteristics of nascent entrepreneurs. Entrepreneurship and Regional Development 12 (2000) 1-23
27. Delmar F., and Shane S. Does business planning facilitate the development of new ventures?. Strategic Management Journal 24 (2003) 1165-1185
28. Denison, D., Swaminathan, A., & Rothbard, N. (1994). Networks, founding conditions, and imprinting processes: Examining the process of organizational creation. In Paper Presented at the Academy of Management Meetings, Dallas, Texas.
29. Evans D., and Leighton L. Some empirical aspects of entrepreneurship. American Economic Review 79 (1989) 519-535
30. Fowler J., Dawes C., and Christakis N. Model of genetic variation in human social networks. Proceedings of the National Academy of Sciences 106 (2009) 1720-1724
31. Gaglio C.M., and Katz J.A. The psychological basis of opportunity identification: Entrepreneurial alertness. Small Business Economics 16 (2001) 95-111
32. Gartner W. Who is an entrepreneur? Is the wrong question. American Journal of Small Business 12 (1988) 11-32
33. Hettema J.M., Neale M.C., and Kendler K.S. Physical similarity and the equal environment assumption in twin studies of psychiatric disorders. Behavior Genetics 25 (1995) 327-335
34. Hills G., Lumpkin G., and Singh R. Opportunity recognition: Perceptions and behaviors of entrepreneurs (1997), Babson Park, Frontiers of Entrepreneurship Research, Babson College pp. 203-218
35. Hornaday J., and Aboud J. Characteristics of successful entrepreneurs. Personnel Psychology 23 (1973) 47-54
36. Hull D., Bosley J., and Udell G. Renewing the hunt for the heffalump: Identifying potential entrepreneurs by personality characteristics. Journal of Business Management 20 (1982) 11-19
37. Iervolino A., Pike A., Manke B., Reiss D., Hetherington E., and Plomin R. Genetic and environmental influences in adolescent peer socialization: Evidence from two genetically sensitive designs. Child Development 73 (2002) 162-174
38. Jang K., Livesley W., Vernon P., and Jackson D. Heritability of personality disorder traits: A twin study. Acta Psychiatrica Scandinavica 94 (1996) 438-444
39. Johansson E. Self-employment and liquidity constraints: Evidence from Finland. Scandinavian Journal of Economics 102 (2000) 123-134
40. Kendler K.S., Neale M.C., Kessler R.C., Heath A.C., and Eaves L.J. Parental treatment and the equal environments assumption in twin studies of psychiatric illness. Psychological Medicine 24 (1994) 579-590
41. Kendler K.S., and Prescott C.A. Genes, environment and psychopathology (2006), Guilford Press, New York
42. Kohler H.-P., Behrman J.R., and Skytthe A. Partner + Children = Happiness? The effect of fertility and partnerships on subjective well-being. Population and Development Review 31 (2005) 407-445
43. Kuntsi J., Eley T.C., Taylor A., Hughes C., Asherson P., Caspi A., et al. Co-occurrence of ADHD and low IQ has genetic origins. American Journal of Medical Genetics Part B 124B (2004) 41-47
44. Loehlin J. Genes and the environment in personality development (1992), Sage Publications, Newbury Park, CA
45. Loehlin J.C. The Cholesky approach: A cautionary note. Behavior Genetics 26 1 (1996) 65-69
46. Loehlin J.C., and Gough H.G. Genetic and environmental variation on the California psychological inventory vector scales. Journal of Personality Assessment 54 3-4 (1990) 463-468
47. Lykken D.T., McGue M., Bouchard T.J., and Tellegen A. Does contact lead to similarity or similarity to contact. Behavior Genetics 20 (1990) 547-561
48. Manke B., McGuire S., Reiss D., Hetherington E., and Plomin R. Genetic contributions to adolescents extrafamilial social interactions: Teachers, best friends, and peers. Social Development 4 (1995) 238-256
49. Martin N.G., and Martin P.G. The inheritance of scholastic abilities in a sample of twins: Ascertainment of the sample and diagnosis of zygosity. Annals of Human Genetics 39 (1975) 213-218
50. Mitchell K.S., Mazzeo S.E., Bulik C.M., Aggen S.H., Kendler K.S., and Neale M.C. An investigation of a measure of twinś equal environments. Twin Research Human Genetics 10 (2007) 840-847
51. Neale M.C., and Maes H.H.M. Methodology for genetic studies of twins and families (2002), Kluwer Academic Publishers, Dordrecht, Netherlands
52. Nicolaou N., Shane S., Cherkas L., Hunkin J., and Spector T. Is the tendency to engage in entrepreneurship genetic?. Management Science 54 (2008) 167-179
53. Parker S.C. The economics of self-employment and entrepreneurship (2004), Cambridge University Press, Cambridge
54. Peeters H., Gestel S., Vlietinck R., Derom C., and Derom R. Validation of a telephone zygosity questionnaire in twins of known zygosity. Behavior Genetics 28 (1998) 159-163
55. Plomin R. Genetics and experience: The interplay between nature and nurture (1994), Sage, Thousand Oaks
56. Plomin R., DeFries J.C., McClearn G.E., and McGuffin P. Behavioral Genetics. 4th ed (2001), Worth Publishers, New York
57. Plomin R., DeFries J.C., McClearn G.E., and McGuffin P. Behavioral genetics. 5th ed. (2008), Worth Publishers, New York
58. Posner S.F., Baker L., Heath A., and Martin N.G. Social contact, social attitudes, and twin similarity. Behavior Genetics 26 (1996) 123-133
59. Rauch A., and Frese M. Born to be an entrepreneur? Revisiting the personality approach to entrepreneurship. In: Baum J., Frese M., and Baron R. (Eds). The psychology of entrepreneurship (2007), Erlbaum, Mahwah, NJ 41-65
60. Rauch A., and Frese M. Let's put the person back into entrepreneurship research: A meta-analysis on the relationship between business owners' personality traits, business creation, and success. European Journal of Work and Organizational Psychology 16 (2007) 353-385
61. Reuter M., Roth S., Holve K., and Hennig J. Identification of first candidate genes for creativity: A pilot study. Brain Research 1069 (2006) 190-197
62. Reynolds P., Carter N., Gartner W., and Greene P. The prevalence of nascent entrepreneurs in the United States: Evidence from the panel study of entrepreneurial dynamics. Small Business Economics 23 (2004) 263-284
63. Reynolds P., and White S. The entrepreneurial process: Economic growth, men, women, and minorities (1997), Quorum Books, Westport, CT
64. Rice F., van den Bree M.B., and Thapar A. A population-based study of anxiety as a precursor for depression in childhood and adolescence. BMC Psychiatry 4 (2004) 43
65. Ruef M., Aldrich H., and Carter N. The structure of founding teams: Homophily, strong ties and isolation among US entrepreneurs. American Sociological Review 68 (2003) 195-222
66. Scarr S. Environmental bias in twin studies. Eugenics Quarterly 15 (1968) 34-40
67. Scarr S., and Carter-Saltzman L. Twin method: Defense of a critical assumption. Behavior Genetics 9 (1979) 527-542
68. Schnittker J. Happiness and success: Genes, families, and the psychological effects of socioeconomic position and social support. American Journal of Sociology 114(S) (2008) S233-S259
69. Shane S. Prior knowledge and the discovery of entrepreneurial opportunities. Organization Science 11 (2000) 448-469
70. Shane S. A general theory of entrepreneurship: The individual-opportunity nexus (2003), Edward Elgar Publishing, Aldershot, UK
71. Shane, S. (forthcoming). DNA at the workplace: How our genes affect our work life. New York: Oxford University Press.
72. Shane S., and Cable D. Network ties, reputation, and the financing of new ventures. Management Science 48 (2002) 122-137
73. Shane S., and Stuart T. Organizational endowments and the performance of university start-ups. Management Science 48 (2002) 154-170
74. Shane S., and Venkataraman S. The promise of entrepreneurship as a field of research. Academy of Management Review 25 (2000) 217-226
75. Singer J.J., MacGregor A.J., Cherkas L.F., and Spector T.D. Where did I leave my keys? A twin study of self-reported memory ratings using the multifactorial memory questionnaire. Twin Research Human Genetics 8 (2005) 108-112
76. Singh R., Hills G., Hybels R., and Lumpkin G. Opportunity recognition through social network characteristics of entrepreneurs. In: Reynolds P., Bygrave W., Manigart S., Mason C., Meyer G., Sapienza H., et al. (Eds). Frontiers of entrepreneurship research (1999), Babson College, Babson Park 228-241
77. Sorenson J. Closure versus exposure: Mechanisms in the intergenerational transition of self-employment. In: Ruef M., and Lounsbury M. (Eds). Research in the sociology of organizations (2007), JAI Press, Amsterdam
78. Spector T., Cicuttini F., Baker J., Loughlin J., and Hart D. Genetic influences on osteoarthritis in women: A twin study. BMJ 312 (1996) 940-944
79. Taylor M. Earnings, independence or unemployment: Why become self-employed?. Oxford Bulletin of Economics and Statistics 58 (1996) 253-266
80. Van Praag C., and Cramer J. The roots of entrepreneurship and labour demand: Individual ability and low aversion. Economica 68 269 (2001) 45-62
81. Vesalainen J., and Pihkala T. Motivation structure and entrepreneurial intentions. In: Reynolds P., Bygrave W., Manigart S., Maston C., Meyer G., Sapienza H., et al. (Eds). Frontiers of entrepreneurship research (1999), Babson Park, Babson College 73-87
82. White, R., Thornhill, S., & Hampson, E. (2006). Entrepreneurs and evolutionary biology: The relationship between testosterone and new venture creation. Organizational Behavior and Human Decision Processes, 100, 21-34 (www.twinsuk.ac.uk).
83. Zhang, Z., Zyphur, M., Narayanan, J., Arvey, R., Chaturvedi, S., Avolio, B., et al. (in press). The genetic basis of entrepreneurship: Effects of gender and personality. Organizational Behavior and Human Decision Processes.
84. Zhao H., and Seibert S. The big five personality dimensions and entrepreneurial status: A meta analytic review. Journal of Applied Psychology 9 (2006) 259-271