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      A Positive Theory of Social Entrepreneurship

      Journal of Business Ethics
      Springer Nature

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          Social entrepreneurship research: A source of explanation, prediction, and delight

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            Social and Commercial Entrepreneurship: Same, Different, or Both?

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              Spending money on others promotes happiness.

              Although much research has examined the effect of income on happiness, we suggest that how people spend their money may be at least as important as how much money they earn. Specifically, we hypothesized that spending money on other people may have a more positive impact on happiness than spending money on oneself. Providing converging evidence for this hypothesis, we found that spending more of one's income on others predicted greater happiness both cross-sectionally (in a nationally representative survey study) and longitudinally (in a field study of windfall spending). Finally, participants who were randomly assigned to spend money on others experienced greater happiness than those assigned to spend money on themselves.
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                Author and article information

                Journal
                Journal of Business Ethics
                J Bus Ethics
                Springer Nature
                0167-4544
                1573-0697
                December 2012
                August 2012
                : 111
                : 3
                : 335-351
                Article
                10.1007/s10551-012-1413-4
                6547faf1-52ce-4660-b5af-615637a6ab7c
                © 2012
                History

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