I think this study and resultant book are flawed because the metrics do not exist within the same reference frame.<p>For example, from the abstract:<p><i>The two major motivations to start a new venture are the profit motive and the control motive.  This paper examines how entrepreneurs’ choices that increase their potential financial gains (i.e., achieve the profit motive) should conflict with their ability to achieve the control motive.</i><p>In this case, the profit motive, is independent of the organization and would be compared to the mathematical global &quot;wealth&quot; variable. That is, comparisons for relative profit are not made between the founder and other founders, investors or employees within the organization, but rather within the universe of the larger economy.<p>Alternatively, the control motive in this study is being compared within the organization, between the founder and the investors, other founders and employees.<p>So the reference frames are not equivalent. One is in the broader economy and the other is within the organization.<p>What should be compared is either, relative profit competitive between the founder and the other parties (investors etc....) or power within the broader economy, that is for example more political power, economic power, etc...<p>I would be interested to see that study.