, Volume 25, Issue 1, pp 1-3,
Open Access This content is freely available online to anyone, anywhere at any time.
Date: 08 Jan 2010

Genome-wide association studies and the genetics of entrepreneurship

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Entrepreneurship is a vital element of well-functioning economies. It is sometimes denoted as their ‘scarcest input factor’. Entrepreneurs introduce innovations into the economic system and may contribute towards higher productivity levels and hence economic growth [1, 2, 3]. In addition, market entry by entrepreneurial activity is vital in adjusting markets towards competitive levels [4], and even purely imitative entrepreneurial activity can have growth-enhancing effects by stimulating efficiency and promoting the diffusion of technologies [5]. Hence, understanding the reasons why and under which circumstances people engage in entrepreneurial activity is important. Traditionally, research on the determinants of entrepreneurship has focused on factors that are easy to observe, such as socio-demographics. Different preferences of people are also used to explain the interpersonal variation in entrepreneurial activity. More recently, research found that entrepreneurs often exhibit differ ...