Co‐entrepreneurial ventures: A study of mixed gender founders of ICT companies in Ireland

Abstract

Purpose

The purpose of this research is to discuss the nature of co‐entrepreneurs (i.e. those companies that have a mixture of male and female founding members) within the ICT sector in Ireland. For the purposes of this paper, the term “co‐entrepreneurship” is used to describe male and female business partnerships. The characteristics of co‐entrepreneurs; their educational, skills and family backgrounds; their current role in the company, and the nature of the team founder structure are examined. A discussion on why the team approach was selected is also included. Other issues explored in the paper include the shareholding percentage of the co‐entrepreneurs and the extent to which the business has a lead entrepreneur.

Design/methodology/approach

In 2003 the authors compiled a database of 1,026 indigenous ICT companies, which were electronically surveyed for information regarding software production, ownership of company and gender of founding members. A total of 24 per cent (81) of the responding companies from this survey indicated that there was a mixture of male and female founding members. These companies were subsequently sent another survey designed to gather information on company background, profiles of co‐entrepreneurs, co‐entrepreneurs' motivational factors and co‐entrepreneurs' roles. A total of 34 (43 per cent) of the companies responded, of which 23 were suitable for the research.

Findings

The findings of the study indicate that the family business or spouse/partner structure represents a major component of mixed gender companies in the ICT sector in Ireland, and that such companies tend to be small, with well‐educated and experienced founders.

Originality/value

A particularly interesting contribution of this paper is the provision of insights into the co‐entrepreneurial partnership through identifying the key differences between the male and female co‐founders. A key conclusion of the study is that there would appear to be a recognition among co‐entrepreneurs that complementary skills and knowledge are critically important in the exploitation of new business opportunities, especially in the IT industry.

Citation

O'Connor, V., Hamouda, A., McKeon, H., Henry, C. and Johnston, K. (2006), "Co‐entrepreneurial ventures: A study of mixed gender founders of ICT companies in Ireland", Journal of Small Business and Enterprise Development, Vol. 13 No. 4, pp. 600-619. https://doi.org/10.1108/14626000610705778