Are behavioral and electrophysiological measures of impulsivity useful for predicting entrepreneurship?

Christian Fisch, Ingmar H.A. Franken, Roy Thurik*

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

1 Citation (Scopus)
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Abstract

We examine the association between several behavioral and electrophysiological indices of impulsivity-related constructs and multiple entrepreneurial constructs. Specifically, we investigate if these behavioral and electrophysiological measures are more useful as predictors of entrepreneurship than self-reported measures of impulsivity. Our findings are based on two datasets (n = 133 and n = 142) and indicate that behavioral and electrophysiological impulsivity measures are not robustly associated with entrepreneurship constructs, in contrast to self-reported measures of impulsivity. Though disappointing at first, our findings pave the way for future research on the relevance of behavioral and electrophysiological measures for entrepreneurship.

Original languageEnglish
Article numbere00253
JournalJournal of Business Venturing Insights
Volume16
DOIs
Publication statusPublished - Nov 2021

Bibliographical note

Funding Information:
The present study, together with Bernoster et al. (2019) , is the main result of a large research project called “What characterizes the entrepreneur? On the neurocognition of economic behavior” ( Thurik et al., 2015 ) supported by a grant of the Erasmus University Rotterdam called Research Excellence Initiative (REI 2015). An early version of the present study was part of the PhD thesis of Indy Bernoster (2018) . While Bernoster et al. (2019) explores the association between self-report, behavioral, and electrophysiological measures of impulsivity and related constructs such as sensation seeking, reward responsiveness, and ADHD symptoms, the present deals with more distal entrepreneurial constructs using the same two data sets. It can be regarded as an extension of Bernoster et al. (2019) . We are very indebted to Indy Bernoster who let us use parts of Bernoster (2018) in this study. We thank Martin Obschonka, Diemo Urbig, and Johan Wiklund for comments and new research ideas. Wim Rietdijk constructed and collected Sample 1 and Indy Bernoster, Plato Leung, and Marwan Aboul Magd constructed and collected Sample 2. Roy Thurik is member of LabEx Entrepreneurship, funded by the French government (LabEx Entreprendre, ANR-10-Labex-11-01) as well as of the public research center Montpellier Research in Management ( EA 4557, Université de Montpellier).

Publisher Copyright:
© 2021 The Authors

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