The power of expressed humility: Investors' reaction to humble entrepreneurs

Laurent Vilanova () and Ivana Vitanova ()
Additional contact information
Ivana Vitanova: EM - EMLyon Business School

Post-Print from HAL

Abstract: We conduct a randomized field experiment examining how an entrepreneur's expressed humility affects venture capitalists' willingness to fund his/her venture. While high humility is often associated with effective leadership and constructive behavior, it may also inhibit entrepreneurial action and generative behavior. Our findings show that early-stage investors perceive that humble entrepreneurs have higher constructive qualities and are more compatible with investors than nonhumble entrepreneurs. Expressed humility has an overall positive effect on investors' evaluations of the venture's likelihood of success and their willingness to fund the venture.

Keywords: venture capital; humility (search for similar items in EconPapers)
Date: 2021-06-06
References: Add references at CitEc
Citations:

Published in Babson College Entrepreneurship Research Conference (BCERC), Babson College, Jun 2021, On line Conference, United States. pp.452-457

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: The Power of Expressed Humility: Investors' Reaction to Humble Entrepreneurs (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04747885

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().