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Flip the tweet - the two-sided coin of entrepreneurial empathy and its ambiguous influence on new product development

Kurz, Konstantin ; Bock, Carolin ; Hanschur, Leonard (2024)
Flip the tweet - the two-sided coin of entrepreneurial empathy and its ambiguous influence on new product development.
In: Journal of Business Venturing, 39 (2)
doi: 10.1016/j.jbusvent.2023.106378
Artikel, Bibliographie

Kurzbeschreibung (Abstract)

Is empathy a uniformly good thing for entrepreneurs? Contrasting the hitherto predominantly positive view advocated by the extant entrepreneurship literature, we develop a novel model of entrepreneurial empathy's mechanisms and suggest a too-much-of-a-good-thing perspective. We empirically confirm this model using a dataset of 4425 real entrepreneurs, where we find that empathy influences entrepreneurial new product development as an essential entrepreneurial activity in an inverted U-shaped pattern. We further show that empathy's negative effects are particularly detrimental for very anxious entrepreneurs. These findings provide strong evidence for considering entrepreneurial empathy an important but highly ambiguous success factor.

Typ des Eintrags: Artikel
Erschienen: 2024
Autor(en): Kurz, Konstantin ; Bock, Carolin ; Hanschur, Leonard
Art des Eintrags: Bibliographie
Titel: Flip the tweet - the two-sided coin of entrepreneurial empathy and its ambiguous influence on new product development
Sprache: Englisch
Publikationsjahr: März 2024
Verlag: Elsevier
Titel der Zeitschrift, Zeitung oder Schriftenreihe: Journal of Business Venturing
Jahrgang/Volume einer Zeitschrift: 39
(Heft-)Nummer: 2
DOI: 10.1016/j.jbusvent.2023.106378
URL / URN: https://www.sciencedirect.com/science/article/pii/S088390262...
Kurzbeschreibung (Abstract):

Is empathy a uniformly good thing for entrepreneurs? Contrasting the hitherto predominantly positive view advocated by the extant entrepreneurship literature, we develop a novel model of entrepreneurial empathy's mechanisms and suggest a too-much-of-a-good-thing perspective. We empirically confirm this model using a dataset of 4425 real entrepreneurs, where we find that empathy influences entrepreneurial new product development as an essential entrepreneurial activity in an inverted U-shaped pattern. We further show that empathy's negative effects are particularly detrimental for very anxious entrepreneurs. These findings provide strong evidence for considering entrepreneurial empathy an important but highly ambiguous success factor.

Freie Schlagworte: Entrepreneurial empathy, Entrepreneurial new product development, Entrepreneurial cognitive bias, Anxiety, Big data, Textual analysis
Zusätzliche Informationen:

Art.No.: 106378

Fachbereich(e)/-gebiet(e): LOEWE
LOEWE > LOEWE-Zentren
LOEWE > LOEWE-Zentren > emergenCITY
Hinterlegungsdatum: 12 Apr 2024 10:46
Letzte Änderung: 12 Apr 2024 10:46
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