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Nothing Ventured, Nothing Gained: Parasite Infection is Associated with Entrepreneurial Initiation, Engagement and Performance

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Abstract

There is growing evidence that human biology and behavior is influenced by infectious microorganisms. One such microorganism is the protozoan Toxoplasma gondii (TG). Using longitudinal data covering the female population of Denmark, we extend research on the relationship between TG infection and entrepreneurial activity and outcomes. Results indicate that TG infection is associated with a subsequent increase in the probability of becoming an entrepreneur, and is linked to other outcomes including venture performance. With parasite behavioral manipulation antithetical to rational judgement, we join a growing conversation on biology and alternative drivers of business venturing. [ Note: the Article can be found at https://www.researchgate.net/publication/338857788_Nothing_Ventured_Nothing_Gained_Parasite_Infection_is_Associated_with_Entrepreneurial_Initiation_Engagement_and_Performance ]

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Found worldwide from Alaska to Australasia, Toxoplasma gondii knows no geographic boundaries. The protozoan is the source of one of the most common parasitic infections in humans, livestock, companion animals, and wildlife, and has gained notoriety with its inclusion on the list of potential bioterrorism microbes. In the two decades since the publication of the first edition of Toxoplasmosis of Animals and Humans there has been an explosion of knowledge concerning T. gondii and toxoplasmosis. Still used extensively as a cell model, its genome has recently been published making it a subject of even greater scientific interest. Keeping the organizational style that made the previous edition so popular and usable, this second edition has been completely revised and updated. New in the Second Edition: Expanded information on the cultivation, maintenance, and preservation of T. gondii Expanded information on the cell biology and molecular biology of the parasite Reviews all literature from the past 20 years for each domestic animal Summarizes information on the worldwide prevalence of toxoplasmosis in pregnant women and the devastating disease it can cause in newborn Written by one of the pioneers of the field, the book provides unique information on all known host types for this parasite. It distills the voluminous and potentially confusing scientific literature that has grown geometrically in the 20 years since the publication of the first edition into a comprehensive resource. The single author approach ensures a strong foundation in the biology and a seamless integration of topics. The new edition of this groundbreaking work is the only volume to cover toxoplasmosis of animals and humans thoroughly in one source. It supplies an entry point to further research by cutting through the morass of literature to identify the most relevant references.
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Acknowledging the high uncertainty and autonomy in entrepreneurship, we argue that ADHD symptoms, which are associated with negative consequences in many areas of life, may have positive implications in the context of entrepreneurship because ADHD is characterized by traits such as sensation seeking, a focus on action with little premeditation, and a desire for autonomy. We employ person-environment fit theory (e.g., Holland, 1997) to argue that ADHD symptoms influence entrepreneurial preferences and behavior through the multi-dimensional traits of im-pulsivity. Specifically, ADHD symptoms are related to higher levels of sensation seeking, lack of premeditation, lack of perseverance and urgency. These traits in turn influence the perceived attractiveness of entrepreneurship and the probability of starting a business. We conducted surveys on a sample of MBA alumni from a school that is consistently ranked as one of the top fifty public MBA programs, who by virtue of their degree tend to have viable job opportunities and were thus less likely to be pushed into entrepreneurship. We find that ADHD symptoms have a complicated relationship with entrepreneurial preferences and action, with the pathway through sensation seeking and lack of premeditation being mostly positive while the pathway through urgency being negative. Further, hyperactive symptoms seem to mainly result in positive outcomes while inattention symptoms lead to negative ones. Our findings demonstrate that entrepreneurship is indeed a unique area where negative traits, such as ADHD, may represent valuable assets. Previous research has mostly associated ADHD with negative job-related outcomes (Barkley et al., 2006). Our research indicates that certain aspects of ADHD symptoms, such as sensation seeking and lack of premeditation, could lead individuals to be attracted to entrepreneurship and to start their own businesses. This suggests a contextualized view of personality traits, as well as boundary conditions to existing theories. Second, we develop and empirically test a model that links ADHD symptoms to entrepreneur-ship through the multi-dimensional traits of impulsivity, which provides a more nuanced and theoretically interesting understanding of the ADHD—entrepreneurship relationship. The same can be said about our findings of the differential influences of inattention and hyperactivity symptoms. Thus, this paper contributes to previous research on ADHD and entrepreneurship that has mostly examined the bivariate relationship between the two (e.g., Veryheul et al., 2015; Thurik et al., 2016). Finally, our post-hoc analyses showed that the effects of ADHD symptoms on entrepreneurship are more pronounced under highly uncertain environments. This is consistent with our theorizing, suggesting that individuals with ADHD symptoms are more likely to harness advantages associated with ADHD rather than suffer from associated disadvantages in highly uncertain and dynamic environments such as entrepreneurship. There are at least two important practice implications of our results. First, our results imply that individuals with ADHD symptoms may be empowered to craft their own jobs to fit their special needs. Second, our findings suggest that people with ADHD symptoms and impul-sivity will tend to prefer action speed over action accuracy and that this may be functional in the context of entrepreneurship.
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Does testosterone increase the tendency to engage in self-employment? The results presented to date have been mixed. Using three different studies, we provide additional evidence on the relationship between testosterone and self-employment. Drawing on a cross section of 2,146 individuals (1,178 males and 968 females) from the National Health and Nutrition Examination Surveys’ 2011–2012 sample, and controlling for endogeneity (with red blood cell count, percentage hematocrit, and zinc supplement intake in the past 30 days as instruments), we find that serum testosterone levels are positively associated with self-employment for males (marginally significant, two-tailed test). As testosterone levels could be affected by social, economic, and biological factors during one’s life course, we draw more robust inferences by assessing whether the 2D:4D digit ratio, a marker of prenatal testosterone exposure, influences the likelihood of self-employment. From Understanding Society’s Innovation Panel Wave 6, we tested separate models for 449 males and 525 females, and our results indicate that males (respectively, females) with a lower 2D:4D ratio in their left hand, or higher prenatal testosterone exposure, have a significantly greater (respectively, marginally significant) likelihood of self-employment (two-tailed test). Finally, we examine the twin testosterone transfer effect in a sample of opposite-sex and same-sex twins from the National Survey of Midlife Development in the United States and provide additional support for the marginally significant (two-tailed test) positive association between testosterone and self-employment. Data are available at https://doi.org/10.1287/mnsc.2016.2664 . This paper was accepted by Toby Stuart, entrepreneurship and innovation.
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Although there has been abundant research on the positive personality and environmental qualities that stimulate entrepreneurship, we argue that negative personal circumstances of an economic, sociocultural, cognitive, and physical/ emotional nature may have an equally powerful role to play in getting people to become effective entrepreneurs. These challenges create conditions and experiences that motivate particular adaptive requirements which in turn foster outcomes such as work discipline, risk tolerance, social and network skills, and creativity.
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Decision making under risk involves balancing the potential of gaining rewards with the possibility of loss and/or punishment. Tolerance to risk varies between individuals. Understanding the biological basis of risk tolerance is pertinent because excessive tolerance contributes to adverse health and safety outcomes. Yet, not much is known about biological factors mediating inter-individual variability in this regard. We investigate if latent Toxoplasma gondii infection can cause risk tolerance. Using a rodent model of the balloon analogous risk task, we show that latent T. gondii infection leads to a greater tolerance of reward forfeiture. Furthermore, effects of the infection on risk can be recapitulated with testosterone supplementation alone, demonstrating that greater testosterone synthesis by the host post-infection is sufficient to change risk tolerance. T. gondii is a frequent parasite of humans and animals. Thus, the infection status can potentially explain some of the inter-individual variability in the risky decision making.
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Toxoplasma gondii infection has previously been described to cause infected mice to lose their fear of cat urine. This behavioral manipulation has been proposed to involve alterations of host dopamine pathways due to parasite-encoded aromatic amino acid hydroxylases. Here, we report successful knockout and complementation of the aromatic amino acid hydroxylase AAH2 gene, with no observable phenotype in parasite growth or differentiation in vitro and in vivo. Additionally, expression levels of the two aromatic amino acid hydroxylases were negligible both in tachyzoites and in bradyzoites. Finally, we were unable to confirm previously described effects of parasite infection on host dopamine either in vitro or in vivo, even when AAH2 was over-expressed using the BAG1 promoter. Together, these data indicate that AAH enzymes in the parasite do not cause global or regional alterations of dopamine in the host brain, although they may locally affect this pathway. Additionally, our findings suggest alternative roles for the AHH enzymes in T. gondii since AAH1 is essential for growth in non-dopaminergic cells. Copyright © 2014, American Society for Microbiology. All Rights Reserved.
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This paper offers an analytical structure to pinpoint the behavioral roots of superior performance, where "behavioral" denotes "being about mental processes." Such roots are identified in behavioral deviations from market efficiency. The causes of these deviations are behavioral factors that bound firms' ability to pursue and compete for superior opportunities.Because these bounds are systematic and diffused among firms, they ensure that latent opportunities are noLcompeted away.In this setting, the behavioral bases of superior performance stem from a superior ability to overcome focal behavioral bounds. This analytical structure is used to identify the mental processes especially important to firm performance that strategic leaders can reliably manage. Its key insight is that superior opportunities are cognitively distant. They rarely correspond to common ways of thinking. The reason for this is that it is necessary to overcome strong behavioral bounds to pursue these opportunities. This insight contrasts with mainstream behavioral approaches to strategy, which focus on the virtues of local action, and it has two implications: the behavioral essence of superior performance corresponds to strategic leaders' superior ability to manage the mental processes necessary to pursue cognitively distant opportunities; and pursuing the cognitively distant implies a more expansive conception of strategic agency (e.g., the role of strategic leaders) than is acknowledged by mainstream behavioral approaches to strategy. The challenges posed by this conception require a model of human cognition that goes beyond the understanding of bounded rationality that is diffused in current behavioral strategy research. The second part of the paper assesses the traits of a model of human mind that can support the behavioral conception of strategic agency advocated and proposes a unified model of the human mind that centers on associative processes.
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The analysis of the decision to enter into self-employment is a hot topic in economic literature. Among the elements that most directly influence this decision, individual factors are central. This study produces a comprehensive survey of the impact of these factors, covering both the theoretical arguments and the main conclusions emerging from the empirical studies. We analyze twelve critical determinant factors of the entry into self-employment grouped into seven categories: (i) basic individual characteristics (gender, age, and marital status and children); (ii) family background (parents and spouse); (iii) personality characteristics (risk attitude and other psychological traits); (iv) human capital (education and experience); (v) health condition; (vi) nationality and ethnicity; and (vii) access to financial resources. While for some of the factors solid conclusions can be found, for others additional research is still needed in order to shed further light on their influence.
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abstract The emergent literature on dynamic capabilities and their role in value creation is riddled with inconsistencies, overlapping definitions, and outright contradictions. Yet, the theoretical and practical importance of developing and applying dynamic capabilities to sustain a firm's competitive advantage in complex and volatile external environments has catapulted this issue to the forefront of the research agendas of many scholars. In this paper, we offer a definition of dynamic capabilities, separating them from substantive capabilities as well as from their antecedents and consequences. We also present a set of propositions that outline (1) how substantive capabilities and dynamic capabilities are related to one another, (2) how this relationship is moderated by organizational knowledge and skills, (3) how organizational age affects the speed of utilization of dynamic capabilities and the learning mode used in organizational change, and (4) how organizational knowledge and market dynamism affect the likely value of dynamic capabilities. Our discussion and model help to delineate key differences in the dynamic capabilities that new ventures and established companies have, revealing a key source of strategic heterogeneity between these firms.
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The protozoan parasite Toxoplasma gondii enhances the sexual attractiveness of infected male rats and attenuates the innate fear of cat odour in infected individuals. These behavioural changes plausibly lead to greater transmission of parasites through sexual and trophic routes, respectively. Testosterone, a testicular steroid, is known to reduce fear and enhance sexual attractiveness in males. Here, we show that Toxoplasma gondii infection enhances expression of genes involved in facilitating synthesis of testosterone, resulting in greater testicular testosterone production in male rats. In several species, testosterone mediates trade-offs between sexually selected traits and life history decisions. Augmentation of testosterone synthesis by Toxoplasma gondii suggests that parasites may manipulate these trade-offs in rats.