Showing papers by "Sameeksha Desai published in 2010"
TL;DR: In this article, the authors find that making a distinction between creative and business talent explains systematic differences in selfish behavior and that both the less business-talented and the more creative are more willing to forego private payoffs to avoid losses to others.
Abstract: Talent allocation models assume that entrepreneurially talented people are selfish and thus allocate into unproductive or even destructive activities if these offer the highest private returns. This paper experimentally analyzes selfish preferences of the entrepreneurially talented. We find that making a distinction between creative talent and business talent explains systematic differences in selfish behavior. Generally, both the less business-talented and the more creative are more willing to forego private payoffs to avoid losses to others. A moderator analysis reveals that less creative individuals with business talent are significantly more selfish than all others, including the creative with business talent. This finding applies 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 highlighting the importance of distinguishing between the two types of entrepreneurial talent. We also add to the field of experimental economics by advancing research on altruism under risk and with negative externalities.
63 citations
01 Jan 2010
TL;DR: In the first half of the nineteenth century, transportation and communications both enabled and demanded the formation of large corporations managed by professionals as mentioned in this paper, and such corporations came to represent the engines of national economic growth and of individual wealth creation in countries whose very membership in the group of industrialized nations speaks to the success of this organizational form.
Abstract: In the beginning was the corporation. Or so it seems, as it is pointed out in the first chapter of this handbook. However, the “modern industrial corporation” is a relatively recent invention in historical terms. Chandler (1990) dates its emergence to the last-half of the nineteenth century, when advances in transportation and communications both enabled and demanded the formation of large corporations managed by professionals. Such corporations came to represent the engines of national economic growth and of individual wealth creation in countries whose very membership in the group of industrialized nations speaks to the success of this organizational form (Acs, Introduction, this volume; Baumol, 2002).
23 citations
13 citations