TU Darmstadt / ULB / TUbiblio

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
Article, Bibliographie

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.

Item Type: Article
Erschienen: 2024
Creators: Kurz, Konstantin ; Bock, Carolin ; Hanschur, Leonard
Type of entry: Bibliographie
Title: Flip the tweet - the two-sided coin of entrepreneurial empathy and its ambiguous influence on new product development
Language: English
Date: March 2024
Publisher: Elsevier
Journal or Publication Title: Journal of Business Venturing
Volume of the journal: 39
Issue Number: 2
DOI: 10.1016/j.jbusvent.2023.106378
URL / URN: https://www.sciencedirect.com/science/article/pii/S088390262...
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.

Uncontrolled Keywords: Entrepreneurial empathy, Entrepreneurial new product development, Entrepreneurial cognitive bias, Anxiety, Big data, Textual analysis
Additional Information:

Art.No.: 106378

Divisions: LOEWE
LOEWE > LOEWE-Zentren
LOEWE > LOEWE-Zentren > emergenCITY
Date Deposited: 12 Apr 2024 10:46
Last Modified: 12 Apr 2024 10:46
PPN:
Export:
Suche nach Titel in: TUfind oder in Google
Send an inquiry Send an inquiry

Options (only for editors)
Show editorial Details Show editorial Details