Philosophers have long wrestled with the word empathy as early as in Greek antiquities. During their day, some have proposed that the abstract concept has an association with gaining knowledge, a prized pursuit for these wisdom lovers. Hence, the amount of time and attention some philosophers have put on learning the science behind empathy.
Only recently has the concept been highlighted as a factor influencing social entrepreneurs. A social enterprise, after all, aims to strike a balance between doing business and improving the social and environmental conditions in their community. Several studies have suggested that emphatic people ponder more on what they can contribute to social change rather than count their margins. Empathy, then, could be the driving force behind social entrepreneurs to give the unprivileged access to opportunities and solutions to their problems.
“We have long known that empathy plays a big part in social entrepreneurship, especially in comparison to traditional entrepreneurship, which tends to have a self-oriented motivation,” said Dr. Elisa Alt, co-author of a study published in the Journal of Business Venturing. Dr. Alt is also a senior lecturer in Strategy and Planning at Anglia Ruskin University.
“Our study is among the first to shed light on how individuals actually channel their empathy into careers in social entrepreneurship,” she added.
However, the study suggests that having this single trait may not suffice to be an effective social entrepreneur in the society. According to the study, social entrepreneurs, especially budding ones among the millennials, need to have a sense of confidence in their managerial capabilities to handle and resolve problems in the society.
The research, as cited by the Phys.org, found that, among 300 participating students, the kind-hearted ones are more leaned toward feeling confident in themselves when it comes to making a social impact. Although the study cannot know whether they had intentions to become an entrepreneur, it found that the kind-hearted ones also perceived themselves as a valuable piece in their communities—a trait that proves to be an essential influence to social entrepreneurs.
The study concluded that self-efficacy, along with social worth, contribute to how empathy influences someone who has social entrepreneurial goals.
The research evaluated the millennial participants through social entrepreneurship modules they answered. In these tests, the researchers gave out the exams in two separate phases conducted in a few weeks. The students were questioned on perspective-taking, empathic concern, social entrepreneurial self-efficacy, social worth, and their social entrepreneurial intentions.
Alt added that the study provides a framework for employers and social entrepreneurship lecturers. Its findings may help them in looking for ways to engage in the social innovation network among the millennials who have often been tagged as a self-entitled generation.
“Millennials are either generation ‘me me me’, or the generation that is seeking meaning through a stronger sense of social responsibility. Our study paints a more nuanced picture of how they go about forming career intentions,” Alt said.
Crowdfunding campaign for a mulcher exceeds its target
The association Bürgerparkgesellschaft von 1875 Sulingen recently closed a very successful crowdfunding campaign with the target of $4,400 (€3,800). The...
E-Euro: Finland also promotes cryptocurrencies
Finland is one of the first euro countries, since 2002 the euro has replaced the Finnish mark in everyday life....
Why countries in southern Africa could become leaders in the cannabis sector
Africa’s south wants to become the world market leader in cannabis production. The conditions for this are favorable. John Kagia...
How to market your business during and after the pandemic
After the pandemic outburst, the online content seen on digital media evolved as brands started to acknowledge the situation. It...
Hot junior miner Rockridge Resources goes all-in at the Raney Gold Project
Junior Miner Rockridge Resources has just announced that they’ve earned a 100% stake in the promising Raney Gold Project. Now...
Featured7 days ago
Qonto registered over €900 million value of transactions on Italian current accounts
Business7 days ago
Three reasons B2B companies should invest in brand marketing
Featured5 days ago
Which fintech company raised the most funds in Q3 2020?
Biotech7 days ago
2020, a record year for regenerative medicine and advanced therapies