JOURNAL OF STRATEGIC INNOVATION AND SUSTAINABILITY
How Social Benevolence Motivates Entrepreneurs
Author(s): J. Phillip Harris
Citation: Harris J. Phillip,(2016) "How Social Benevolence Motivates Entrepreneurs," Journal of Strategic Innovation and Sustainability, Vol. 11, Iss. 1, p. 47-61
Article Type: Research paper
Publisher: North American Business Press
The purpose of this study is to see if improving social causes motivates successful entrepreneurs more than it does other wealthy people. The design approach uses Forbes' 400 richest Americans list, which offers a self-made score identifying self-made people and people who inherit their wealth. A quantitative study using ANOVA compares score differences between charity made by self-made people and those inheriting wealth. Results revealed evidence supporting that entrepreneurs play a special role contributing to social advances. Compared with wealthy people who inherit their money, people starting enterprises more likely will support social causes by contributing.