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The purpose of this paper is to investigate differences in how men and women small- and medium-sized enterprise (SME) entrepreneurs make decisions regarding whether to invest in technologies for their firms. Answering recent calls for a gendered perspective in entrepreneurial decision-making, this study integrates premises from social identity theory and role congruity theory to help explain innovation investment decisions among male and female SME entrepreneurs.

Using data from 121 SME entrepreneurs in the dry cleaning industry, the authors employ a conjoint experimental methodology to capture decisions SME entrepreneurs make to adopt or reject an environment-friendly dry cleaning technology. The authors examine the role gender, firm revenue, technology price, and technology complexity play in entrepreneur investment decisions.

The authors find that gender indirectly impacts innovation purchase decisions through interactions with firm revenue and key innovation characteristics. Women SME entrepreneurs were less likely to purchase the technology than their male counterparts at low (and high) firm revenue, high innovation price, and high innovation complexity—all highly risky, masculine, choice contexts.

These findings suggest that men and women's entrepreneurial investment decisions might be shaped by gender stereotypes. Future research should sample additional industries and determine the norms guiding gendered decision-making.

Beyond the decision to launch a new venture, this multi-level analysis, using the lens of social identity and role congruity theories, helps illuminate how men and women SME entrepreneurs approach innovation investment decision-making in significantly different—and gender role consistent—ways.

Cogliser and Stambaugh (this volume) and Jaussi (this volume) provided valuable thoughts regarding the multi-level process view of new-venture emergence that we developed elsewhere in this volume. The current response to their suggestions focuses on two underlying themes that emerged from their commentaries. The first theme explores the existence of recursive links between the micro and macro levels of analysis during the new-venture emergence process. The second theme highlights the importance of understanding the underlying processes that may recursively affect venture organization at each level of analysis. Finally, this response reiterates our belief in the fruitful pursuit of studying new-venture emergence as an evolutionary process involving multiple levels of analysis.

Entrepreneurship research has grown in both quality and quantity over the past decade, as many theoretical innovations and important empirical research findings have been introduced to the field. However, theoretical approaches to understanding entrepreneurship remain fragmented, and empirical findings are unstable across different contexts. This chapter describes features of a multi-level process view of new venture emergence that adds coherence to the entrepreneurship theory jungle and brings order to idiosyncratic empirical results, by explaining how ideas become organized into new ventures. The centerpiece of this effort is enactment theory, a general process approach specifically developed to explain organizing processes. Enactment theory – and Campbellian evolutionary theorizing more generally – has a long history of use within and across multiple levels of analysis. Consequently, the description here illustrates how organizing unfolds across multiple levels of analysis and multiple phases of development. After describing the theorizing assumptions and multi-level process view of new venture organizing, the chapter explores implications of applying this perspective by suggesting new research directions and interpretations of prior work. The aim is to advocate process theorizing as a more productive approach to understanding new venture emergence.

The purpose of this paper is to review the literature on gender, and specifically, women and entrepreneurship as well as present a process model of gender and entrepreneurship to guide future research.

Following research from Baron and Henry, the literature is organized into a process model of gender and entrepreneurship and a brief review of the research on each stage of the model is presented. Further, building on the process model, specific propositions associated with each stage that are motivated by expectancy theory are developed.

Research on women and entrepreneurship has increased over the last two decades and there is much research yet to be done.

Practical implications include that women may engage in networking activities focused on family and friends for obtaining financial resources.

Based on this review, evidence suggests societal attributions and socialization processes relative to the sexes may create barriers to entry for women due to the uneven distribution of assets, educational foci, and daily life activity expectations amongst the sexes. These factors, in effect, create the glass ceiling that women are often described as facing that extends to entrepreneurship. To lessen these effects, women might be advised to pursue education within fields more closely linked to high‐growth industries.

The authors review research on women and entrepreneurship from 1993‐2010 and organize the literature within Baron and Henry's process model of entrepreneurship. As such, the paper illuminates a process model of gender and entrepreneurship that builds from and extends research linking the I/O psychology and entrepreneurship literatures.

Whereas most societal commentators continue to review the historical patterns of men’s leadership in search of models for 21st-century success, few have begun to recognize, let alone appreciate, the equivalent patterns of women’s leadership and the future contributions that women could potentially make as leaders. What could and are women bringing to society as global leaders? Why at this moment in history is there such a marked increase in the number of women leaders? Are we entering an era in which both male and female leaders will shape history, both symbolically and in reality? And if so, will we discover that women, on average, lead in different ways than men, or will we learn that role (global leader) explains more than gender? This chapter reveals the accelerating trends of women joining men in senior leadership positions, establishes the relationship of women leaders to our overall understanding of global leadership, and sets forth an agenda to accomplish much needed research and understanding.

Mark D. Agars is an associate professor of psychology at California State University, San Bernardino. He received his Ph.D. from the Pennsylvania State University in industrial and organizational psychology, where he worked with James L. Farr.

The purpose of this paper is to analyse how the transition into entrepreneurship is constructed in the context of the boundaryless career. The paper focuses on a particular type of career transition driven by dismissal or unemployment.

The research material is collected in life‐story interviews with three Finnish female owner‐managers. In the study, a narrative analysis of the career move into entrepreneurship is conducted.

The results demonstrate how the concept of the boundaryless career and career discourse as such, and the personal career history and the larger employment setting in particular, are applied in making sense of the transition into entrepreneurship. The significance of dismissal or unemployment is not uniform, but is dependent on the participant's interpretation of the boundaryless career and work‐based security. Entrepreneurship is constructed both as a gender‐neutral and gendered process.

The career perspective could be more widely applicable to research into entrepreneurship, and perceiving entrepreneurship as work could offer an interesting avenue for future interdisciplinary study within career research.

By portraying the transition from unemployment/redundancy into entrepreneurship as a normal career shift, entrepreneurship is potentially made accessible to a broader group of people including unemployed women. Narratives have potential to be applied as career management tools.

The paper provides a contextualised view of the transition into entrepreneurship after unemployment and demonstrates how the entrepreneurship process is connected to the individual work history, employment setting, and gender.

Do female CEOs face a compensation gap? The purpose of this paper is to examine whether gender affects the total compensation of today’s CEOs, and whether it moderates ten factors influencing their total compensation.

Taking the 54 female CEOs cited in the US 2014 Fortune’s 1000 report, a matched sample of male CEOs was selected, matched according to the crosstab of age by education and by the sizes of the companies directed by these female CEOs.

Using four years’ worth of Fortune reports, between 2013 and 2016, this matched sample indicates that female CEOs are not discriminated against in terms of total compensation. However, eight factors do show a significant effect on total compensation. Using moderation analysis, the present study reveals how gender interacts with company size, sector, membership of outside boards and nature of previous experience.

This paper addresses an important and under-researched gap, with contradictory findings in the existing literature, by compiling and testing the characteristics of male and female CEOs which are not cited in Fortune 1000 reports.

Arguably, this is therefore one of the first papers to study gender differences in total compensation among Fortune 1000 CEOs using a matched sample technique, based on a larger number of female CEOs and a larger number of years than any previous research.

In response to Ford and Sullivan's chapter, this commentary poses a number of questions intended to help future research efforts ascertain whether levels of analysis and phases of new-venture emergence happen concurrently. Strongly in agreement with Ford and Sullivan's call for a process approach toward the study of entrepreneurial ventures, the commentary focuses on the potential processes associated with different levels of analysis that might possibly underlie the enactment and effectuation processes depicted in their model. Through the examination of these underlying processes, questions for future research are raised to help address the question, “Do levels and phases of new-venture emergence always happen together?”