Perception

• Entrepreneurs have a key role to play in achieving the United Nations 2030 Agenda for Sustainable Development.
• That is where entrepreneurs — anyone who starts or owns a business — come into the picture.
• Our recent research on how emotional intelligence at the societal level impacts entrepreneurship can help Canada, and other nations, accomplish this.

About the study

• Using entrepreneurial activity data from the Global Entrepreneurship Monitor in 24 countries, our study found that entrepreneurship flourishes when individuals in society possess higher levels of well-being, adaptability, self-control and sociability.
• These are characteristics of societal emotional intelligence — a measure of the collective emotional intelligence of a particular society.

Fostering commercial entrepreneurship

• Our research found three characteristics of societal emotional intelligence are more likely to foster commercial entrepreneurship: hedonic well-being, adaptability and self-control.
• Commercial entrepreneurship leads to innovation that contributes to a country’s economic growth by generating wealth.
• In the context of commercial entrepreneurship, having a high degree of adaptability allows entrepreneurs to navigate uncertainty and adapt to changes in the business environment.
• Because self-control is valuable for managing commercial enterprises, societies that have more individuals with higher levels of self-control are more likely to facilitate commercial entrepreneurship.

Fostering social entrepreneurship

• Social entrepreneurship, as previously mentioned, leads to innovation that addresses social issues.
• While the characteristics of eudaimonic well-being are essential for both types of entrepreneurship, societies with higher levels of eudaimonic well-being tend to foster an environment more conducive for social entrepreneurship.
• It plays a more significant role in social entrepreneurship, so societies with a larger amount of individuals with this trait are more likely to facilitate social entrepreneurship.

Fostering emotional intelligence

• For this to happen, Canada should implement strategies to build emotional intelligence among its entrepreneurs.
• One way Canada could do this is by investing in programs to monitor, assess and diagnose ways to improve emotional intelligence among entrepreneurs.
• In addition, given that emotional intelligence can be developed with training, businesses and innovation hubs should develop emotional competencies among their entrepreneurs.

• ANTWERP, Belgium, June 2, 2023 /PRNewswire/ -- The International Gemological Institute (IGI) has analyzed and certified a 50.25 carat polished lab grown diamond, the first to surpass the significant 'half-century' mark in carat weight.
• Produced by Ethereal Green Diamond LLP (Ethereal Green), this newly created gemstone represents a landmark achievement in the lab grown diamond sector.
• "As the pioneer of lab grown diamond grading, IGI is honored to certify milestone achievements," stated Tehmasp Printer, President and Managing Director of IGI India.
• Attendees are invited to join IGI for two JCK Talks sessions: ' Lab Grown Diamond 101 (and beyond) ' on Thursday, June 1 from 5:00-5:45 pm in room 101, Expo Level I, and ' Lab Grown Diamond Updates ' on Saturday, June 3, from 10:00-10:45 am, Expo Level II Showcase Stage.

• GUANGZHOU, China, June 2, 2023 /PRNewswire/ -- About 400 companies are showcasing high-quality maternity and baby products at the ongoing online section of the 133rd China Import and Export Fair ("Canton Fair" or "the Fair") to the world.
• These companies have utilized high-end product quality and innovative design to offer consumers new and reliable solutions for the healthy growth of children via the exciting trading platform.
• In addition, a wide range of children's clothing is also a highlight of the Canton Fair.
• Anhui Hope Child Product Co., Ltd. presented their latest baby stroller collection at the Fair, offering parents a premium choice in quality and safety.

• PITTSBURGH, June 1, 2023 /PRNewswire/ -- Museum of Illusions (MOI) announces Pittsburgh as the home of its next museum, slated to open in Fall 2023.
• Pittsburgh joins Atlanta, Chicago, Minneapolis, Dallas, New York, Washington, D.C., and other major cities for a total of over 40 locations globally.
• "As we continue to expand our museum offerings, we're thrilled to open a new location in the historic, vibrant city of Pittsburgh," said Stacy Stec, Director of Sales and Marketing for LOL Entertainment, parent company of Museum of Illusions Pittsburgh.
• Located in Pittsburgh's North Shore Entertainment District, just steps away from PNC Park, The Museum of Illusions Pittsburgh will offer visual and educational exhibits designed to bring out playfulness in guests of all ages.