Are entrepreneurs wired differently?

WEB DESK: A collaborative study between Italian and Swiss scientists, at HEC – School of Management at the University of Liège and Liège University Hospital (CHU Liège), has provided a fresh perspective on the cognitive functioning of entrepreneurs. Using advanced functional Magnetic Resonance Imaging (fMRI) scans, the research observed distinct brain activity patterns during problem-solving tasks. 

Entrepreneurs predominantly activated the right side of their prefrontal cortex, an area associated with creativity and innovation. In contrast, managers showed a preference for the logical left side, according to the study.

The show doesn’t stop here. Comprehensive genetic study involving over 3,000 British twins unearthed some more fascinating links. Certain genetic factors that contribute to a “creative personality” also seem to drive one’s ability to identify novel business opportunities and initiate startups. 

Moreover, a specific gene variant related to dopamine levels, a neurotransmitter connected with novelty-seeking behaviours, was found to be more prevalent among the entrepreneurial cohort.

On top of that, hormonal influences contribute further to the research that indicates that men with elevated baseline testosterone levels are not only more risk-tolerant but also show a stronger inclination towards entrepreneurial ventures. 

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Interestingly, entrepreneurs with higher testosterone exposure in the womb were observed to lead faster-growing firms.

These groundbreaking findings suggest that the entrepreneurial spirit might be a blend of inherent neural and genetic tendencies, combined with environmental factors. The balance of nature and nurture plays a pivotal role in shaping business trailblazers.

While there are many factors affecting the performance of a business, science now has evidence that some brains are wired better than others for them.