“A specific heritable characteristic of each individual, their testosterone level, explains something about the likelihood of that individual being significantly involved in creating a new venture”, the researchers said. “Entrepreneurs may not be born; but what one is born with affects the likelihood of that person engaging in entrepreneurial activities”.
The researchers said that, if replicated, the finding could raise ethical dilemmas. “Should venture capitalists be allowed to test the testosterone levels of would-be-entrepreneurs requesting new venture funding?”, they asked.
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White, R.E., Thornhill, S. & Hampson, E. (2006). Entrepreneurs and evolutionary biology: The relationship between testosterone and new venture creation. Organisational Behaviour and Human Decision Processes, 100, 21-34.
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