Arbeitspapier
The good, the bad, and the talented: Entrepreneurial talent and other-regarding behavior
Talent allocation models assume that entrepreneurial talent is selfish and thus allocates into unproductive or even destructive activities if these offer the highest private returns. This paper experimentally analyzes other-regarding preferences of entrepreneurial talent. We find that making a distinction between creative talent and business talent explains systematic differences in other-regarding behavior. Generally, business talent is less willing, and creative talent more willing, to forego private payoffs to avoid losses to others. A moderator analysis reveals that uncreative business talent is significantly less other-regarding than creative business talent, a finding applicable to both certain and risky payoffs with and without negative externalities. The paper makes a contribution to entrepreneurship research by qualifying the implications of talent allocation models and discovering the importance of distinguishing between the two types of entrepreneurial talent. We also add to the field of experimental economics by advancing research on social preferences under risk and with negative externalities.
- Language
-
Englisch
- Bibliographic citation
-
Series: Jena Economic Research Papers ; No. 2009,066
- Classification
-
Wirtschaft
Design of Experiments: Laboratory, Individual
Externalities
Altruism; Philanthropy; Intergenerational Transfers
Entrepreneurship
- Subject
-
Social preference
entrepreneurship
experiment
Unternehmer
Kreativität
Soziales Verhalten
Soziale Wohlfahrtsfunktion
Test
- Event
-
Geistige Schöpfung
- (who)
-
Weitzel, Utz
Urbig, Diemo
Desai, Sameeksha
Ács, Zoltán J.
Sanders, Mark
- Event
-
Veröffentlichung
- (who)
-
Friedrich Schiller University Jena and Max Planck Institute of Economics
- (where)
-
Jena
- (when)
-
2009
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Weitzel, Utz
- Urbig, Diemo
- Desai, Sameeksha
- Ács, Zoltán J.
- Sanders, Mark
- Friedrich Schiller University Jena and Max Planck Institute of Economics
Time of origin
- 2009
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Determinations of Other-Regarding Behavior and the Private Provision of Public Goods
An entrepreneurial road paved with good intentions : investigating antecedents of social entrepreneurial intention
Antecedents of perceived entrepreneurial ability in Catalonia: the individual and the entrepreneurial context
Unraveling the Shift to the Entrepreneurial Economy
The allocation of entrepreneurial talent and destructive entrepreneurship
Spinoffs and Entrepreneurial Talent
The Perception of the Academics and Students Regarding the Entrepreneurial Education Iin Economic Education
Companies Contributing to the Common Good : An Empirical Study about the Common Good Approach in Entrepreneurial Practice
Entrepreneurial governance and the nature of the entrepreneurial firm
Credit constraints, entrepreneurial talent, and economic development
Entrepreneurial Progress: Climbing The Entrepreneurial Ladder in Europe and The US
The Entrepreneurial University: How to Develop the Entrepreneurial Orientation of Academia
Determinations of Other-Regarding Behavior and the Private Provision of Public Goods
An entrepreneurial road paved with good intentions : investigating antecedents of social entrepreneurial intention
Antecedents of perceived entrepreneurial ability in Catalonia: the individual and the entrepreneurial context
Unraveling the Shift to the Entrepreneurial Economy
The allocation of entrepreneurial talent and destructive entrepreneurship
Spinoffs and Entrepreneurial Talent
The Perception of the Academics and Students Regarding the Entrepreneurial Education Iin Economic Education
Companies Contributing to the Common Good : An Empirical Study about the Common Good Approach in Entrepreneurial Practice
Entrepreneurial governance and the nature of the entrepreneurial firm
Credit constraints, entrepreneurial talent, and economic development
Entrepreneurial Progress: Climbing The Entrepreneurial Ladder in Europe and The US
The Entrepreneurial University: How to Develop the Entrepreneurial Orientation of Academia
Determinations of Other-Regarding Behavior and the Private Provision of Public Goods
An entrepreneurial road paved with good intentions : investigating antecedents of social entrepreneurial intention
Antecedents of perceived entrepreneurial ability in Catalonia: the individual and the entrepreneurial context