Abstract
Intelligence or general mental ability (GMA) is a strong predictor of job performance across most occupations. However, there has been little research on the effect of entrepreneurs’ GMA on venture outcomes. Using a sample of 234 self-employed entrepreneurs from a longitudinal database, this study found that entrepreneurs’ GMA had a positive effect on venture performance. In addition, results indicated that both educational attainment and GMA had an inverted-U, curvilinear effect on venture survival of six years or longer. This suggests that entrepreneurs with the lowest/highest GMA and lowest/highest educational attainment were the least likely to persist in their ventures.
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