Christine Lauritzen (Humboldt Universität zu Berlin): Cooperative and altruistic tendencies of entrepreneurs
A central question in entrepreneurship research is: Who is the entrepreneur? In the past, the field has focused on the role of environmental conditions (Gartner, 1988), psychological traits (e.g. Rauch & Frese, 2006) and behavioral aspects (e.g. Busenitz & Barney, 1997). However, studies measuring entrepreneurs’ social preferences and/or their willingness to cooperate is scarce (Weitzel et al. 2010, Urbig et al. 2012), despite the fact that these two aspects are likely to considerably impact entrepreneurs’ decision-making. Moreover, the manifestations of these factors are likely to have implications not only for the direct internal and external stakeholders of ventures but ultimately for society in general. We empirically investigate altruistic and cooperative tendencies of entrepreneurs using game-theoretic concepts and discuss the resulting implications for an entrepreneurial context. We further aim to establish whether the behavior of entrepreneurs in these games significantly differs to the behavior of business and economic students in this regard.