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Powered by compassion: The effect of loving-kindness meditation on entrepreneurs' sustainable decision-making

Yuval Engel, A. Ramesh, N. Steiner

Journal of Business Venturing November 1, 2020 DOI: 10.1016/j.jbusvent.2019.105986 (opens in new tab)

Study at a glance

AI-extracted from the abstract
Characteristics Experimental study Peer reviewed
Population Entrepreneurs
Intervention Loving-Kindness Meditation
Topics Meditation
Key findings Brief Loving-Kindness Meditation increased compassion among entrepreneurs, which in turn predicted higher sustainable decision-making.

Abstract

Abstract As environmental degradation and climate change continue to threaten our livelihood, entrepreneurs have a crucial role to play in promoting environmental regeneration and infusing their ventures with sustainable decision-making. Building on advances in research on social and sustainable entrepreneurship, we propose that compassion is an important predictor of entrepreneurial decisions involving an ethical balancing act between concerns for environmental and economic sustainability. We further draw on emerging evidence in psychology, pointing to meditative practice as a powerful and accessible source of compassion. In two experimental studies, we test and find support for a mediation model predicting that, compared to an active control group, entrepreneurs engaging in a brief Loving-Kindness Meditation report an increase in compassion and, in turn, higher sustainable decision-making. On the basis of these findings, we offer contributions to research on the psychological drivers of sustainable entrepreneurship and to the literature about meditation and compassion in entrepreneurship.

Comparable studies

Other experimental studies on meditation, most cited first.

Study Year Design Participants
The benefits of being present: Mindfulness and its role in psychological well-being. Cancer patients (clinical intervention study) 2003 Mixed methods: scale development, correlational, quasi-experimental, laboratory, experience-sampling, and clinical intervention study
Loving-kindness meditation increases social connectedness. 2008 Controlled laboratory experiment
Mindfulness and mind-wandering: Finding convergence through opposing constructs. 2012 Two studies: correlational study and experimental study
Mental Training Enhances Attentional Stability: Neural and Behavioral Evidence 2009 Experimental study
Mindfulness meditation and substance use in an incarcerated population. Incarcerated population 2006 Quasi-experimental with treatment-as-usual control condition

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