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The biological perspective in entrepreneurship studies the role of genetics, hormone levels, and brain structure in shaping entrepreneurial tendencies. Research has shown that genetic factors can account for a significant portion of entrepreneurial tendencies such as risk-taking and innovation. Hormone levels, particularly testosterone and cortisol, also play a role in shaping entrepreneurial tendencies, with higher levels associated with risk-taking behavior and creativity. Brain structure has also been found to influence entrepreneurial tendencies, with larger prefrontal cortices and higher levels of gray matter in areas associated with sensory processing and integration being linked to higher levels of creativity. These findings have important implications for how we approach entrepreneurship education and training, as well as how we identify and support potential entrepreneurs. Managers may also use this knowledge to better understand their team members' tendencies towards risk-taking or creativity and tailor their leadership styles accordingly. Further research is needed to fully understand the mechanisms underlying these findings and to develop practical applications that can be used to support entrepreneurs and managers alike.
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The study of entrepreneurial identity is crucial in understanding how an individual's beliefs, values, and behaviors are shaped by their background, experiences, and social envir…
The biological perspective in entrepreneurship studies the role of genetics, hormone levels, and brain structure in shaping entrepreneurial tendencies. Research has shown that ge…