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1 – 10 of over 1000
Article
Publication date: 1 April 2005

Anne de Bruin and Susan Flint‐Hartle

To explore the demand and supply of private capital for successful women entrepreneurs in New Zealand. To obtain and interpret fine‐grained information in order to mitigate the…

2751

Abstract

Purpose

To explore the demand and supply of private capital for successful women entrepreneurs in New Zealand. To obtain and interpret fine‐grained information in order to mitigate the research gap on growth finance for women‐led businesses in New Zealand.

Design/methodology/approach

Multiple approaches for data collection and analysis. Includes interviews with key decision makers in the private capital industry and an e‐mail survey of venture capitalists (supply‐side) and the narrated experiences of women entrepreneurs (demand‐side).

Findings

Quantifies the degree of women's current participation in the venture capital (VC) industry and delineates key considerations in the private capital investment decision‐making process. Confirms the absence of overt gender discrimination in the VC market but draws attention to the presence of other – some of which are more hidden – considerations which affect mobilisation of private capital by women entrepreneurs.

Research limitations/implications

Highlights that a combination of supply‐side (private capital) and demand‐side (entrepreneurs) influences, as well as country‐specific structural and policy factors, needs to be considered when seeking explanations for the lower incidence of private capital to women business owners.

Originality/value

Mitigates the large research gap on women's entrepreneurship in New Zealand and supplements the literature on the private capital and women's business nexus. Signals the importance of policy considerations in growing the role of private capital.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 11 no. 2
Type: Research Article
ISSN: 1355-2554

Keywords

Article
Publication date: 1 February 2013

Siwan Mitchelmore and Jennifer Rowley

This paper aims to explore the planning strategies of female entrepreneurs who have indicated a desire to grow their businesses, the time horizons of planning strategies and the…

3559

Abstract

Purpose

This paper aims to explore the planning strategies of female entrepreneurs who have indicated a desire to grow their businesses, the time horizons of planning strategies and the relationship between planning horizons and number of employees and annual sales as measures of business performance.

Design/methodology/approach

In order to gather data for this exploratory study, a questionnaire was sent by e‐mail to members of networks of female entrepreneurs across England and Wales. Questionnaires were selected for analysis on the basis of an indication from the respondent that they wished to grow their business. Data were entered into SPSS to generate descriptive statistics, and conduct hypothesis testing.

Findings

The most preferred business growth strategies were: improving existing products or services and expanding advertising and promotion. Planning horizons are very short (often under three months), although the planning horizons associated with new products and entry into new markets were in some instances a little longer. Such short planning horizons could have serious consequences for business performance and growth. The planning horizons for cashflow, and investment in infrastructure showed a correlation with number of employees, whilst the planning horizons for cashflow, new product development, and expenditure showed a correlation with annual sales.

Practical implications

Female entrepreneurs need to be encouraged to extend their planning horizons, especially in terms of financial indicators such as expenditure, cash flow, and investment.

Originality/value

This research contributes to the growing literature on female entrepreneurs and their business, by providing further insight into their growth strategies and planning horizons.

Article
Publication date: 12 June 2017

Ruta Aidis and R. Sandra Schillo

The purpose of this paper is to present a new index summarizing women’s leadership in entrepreneurial ventures (WLEV) in the context of venture capital (VC) firm portfolios…

1339

Abstract

Purpose

The purpose of this paper is to present a new index summarizing women’s leadership in entrepreneurial ventures (WLEV) in the context of venture capital (VC) firm portfolios. Gender representation among VC portfolio firms is a concern for academics, and increasingly for practitioners aiming to reap the benefits of gender diversity.

Design/methodology/approach

Drawing on the institutional theory and gender role congruity theory, the authors present dimensions of women’s involvement in leadership roles in VC-funded companies. As previous research has not provided standard definitions, the authors clarify the relevant dimensions. In addition, the authors present an empirical analysis of 153 VC fund portfolios and demonstrate women’s involvement across the three key dimensions forming the WLEV Index: involvement in leadership, management and founding of portfolio companies.

Findings

The authors present a summary of WLEV index aligned with previous research. The index has suitable characteristics for future research and introduces a first comparison with existing statistics. The authors’ findings show relatively low scores of women’s leadership in the VC portfolio companies investigated, especially as compared to average USA companies.

Originality/value

This paper introduces standardized definitions for women’s leadership in terms of: women-led, women-founded and women-managed. This paper also introduces a methodology and constructs an index to uniformly compare VC firm portfolio companies according to all three dimensions of women’s leadership. These contributions can be expected to form the basis of future research on gender representation in VC portfolio companies.

Details

International Journal of Gender and Entrepreneurship, vol. 9 no. 2
Type: Research Article
ISSN: 1756-6266

Keywords

Article
Publication date: 11 November 2014

Siwan Mitchelmore, Jennifer Rowley and Edward Shiu

The purpose of this paper is to identify the entrepreneurial competencies that women SME owners perceive to be important to the success of their business, and the competencies…

1642

Abstract

Purpose

The purpose of this paper is to identify the entrepreneurial competencies that women SME owners perceive to be important to the success of their business, and the competencies that women with high turnover growth rate deem important, and makes a comparison between the two sets of competencies.

Design/methodology/approach

A questionnaire-based survey of female entrepreneurs in England and Wales collected data on those entrepreneurial competencies that women perceived to be important for their business, alongside key business performance measures, such as turnover growth rate. A ranking of the top ten competencies that women thought were important for success was generated; this ranking was compared with a list of four competencies identified as being important by those women whose businesses exhibited high business growth.

Findings

All of the competencies perceived by the whole group to be important to the success of their business were personal and relational competencies. This is in stark contrast to the findings from logistic regression, which shows that high-growth businesses can be differentiated from low-growth businesses regarding the importance assigned to the following four competencies by their owners: pro-activeness, strategic planning and implementation for opportunities, acquiring finance, and risk-taking.

Originality/value

This study suggests that women business owners’ prioritisation of the key competencies for their business may impact on business growth, and raises the question as to whether women business owners are able to identify the competencies that will drive the growth of their business. The particular contribution of this study is this gap, which poses challenges for policy makers, practitioners, and researchers.

Details

Journal of Small Business and Enterprise Development, vol. 21 no. 4
Type: Research Article
ISSN: 1462-6004

Keywords

Article
Publication date: 22 June 2023

Nusrat Hafiz, Md. Fazla Mohiuddin, Ahmad Shaharudin Abdul Latiff, Ida Md. Yasin, Sazali Abd Wahab and Ahmed Razman Abdul Latiff

Although scaling is considered a “hot topic”, very little is known about how knowledge management (KM) assists in scaling social impact. To fill this gap, the authors draw on…

Abstract

Purpose

Although scaling is considered a “hot topic”, very little is known about how knowledge management (KM) assists in scaling social impact. To fill this gap, the authors draw on knowledge-based and social capital theories and investigate how various KM practices and external networks (e.g. bridging social capital) affect scaling social impact in developing countries.

Design/methodology/approach

Applying structural equation modeling (SEM) with AMOS version 23, the authors conducted a survey with 354 women leaders who are working in women-led social enterprises in Dhaka, Bangladesh.

Findings

The authors found that knowledge codification, training and mentoring, and bridging social capital are positively and significantly associated with scaling social impact.

Originality/value

This is one of the pioneering study that explore how KM impacts scaling social impact for women-led social enterprises in the context of a developing country. The authors also extend knowledge-based theory by applying it at the individual level. Finally, the authors enhance the understanding of women entrepreneurship by showing that women entrepreneurs in developing countries are also utilizing bridging social capital to overcome challenges associated with scaling social impact.

Details

Management Decision, vol. 61 no. 7
Type: Research Article
ISSN: 0025-1747

Keywords

Article
Publication date: 9 May 2023

David Audretsch, Maksim Belitski and Candida Brush

Research on financing for entrepreneurship has consolidated over the last decade. However, one question remains unanswered: how does the combination of external finance, such as…

Abstract

Purpose

Research on financing for entrepreneurship has consolidated over the last decade. However, one question remains unanswered: how does the combination of external finance, such as equity and debt capital, and internal finance, such as working capital, affect the likelihood of grant funding over time? The purpose of this study is to analyse the relationship between different sources of financing and firms' ability to fundraise via innovation grants and to examine the role of female chief executive officer (CEO) in this relationship. Unlike equity and debt funding, innovation grants manifest a form of innovation acknowledgement and visibility, recognition of potential commercialization of inovation.

Design/methodology/approach

The authors use firm-level financial data for 3,034 high-growth firms observed in 2015, 2017 and 2019 across 35 emerging sectors in the United Kingdom (UK) to test the factors affecting the propensity of high-growth firms to secure an innovation grant as a main source of fundraising for innovation during the early stages of product commercialization.

Findings

The results do not confirm gender bias for innovation fundraising in new industries. This contrasts with prior research in the field which has demonstrated that access to finance is gender-biased. However, the role of CEO gender is important as it moderates the relationship between the sources of funding and the likelihood of accessing the grant funding.

Research limitations/implications

This study does not analyse psychological or neurological factors that could determine the intrinsic qualities of male and female CEOs when making high-risk decisions under conditions of uncertainty related to innovation. Direct gender bias with regards to access to innovation grants could not be assumed. This study offers important policy implications and explains how firms in new industries can increase their likelihood of accessing a grant and how CEO gender can moderate the relationship between availability of internal and external funding and securing a new grant.

Social implications

This study implicates and empirically demonstrates that gender bias does not apply in fundraising for innovation in new industries. As female CEOs represent various firms in different sectors, this may be an important signal for investors in new product development and innovation policies targeting gender bias and inclusion.

Originality/value

The authors draw on female entrepreneurship and feminist literature to demonstrate how various sources of financing and gender change the likelihood of grant funding in both the short and long run. This is the first empirical study which aims to explain how various internal and external sources of finance change the propensity of securing an innovation grant in new industries.

Details

International Journal of Entrepreneurial Behavior & Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1355-2554

Keywords

Book part
Publication date: 26 September 2022

Deepika Faugoo and Adaora I. Onaga

There has been a widespread proliferation of digital technologies in the last few decades with worldwide usage increasing to 4.66 billion active internet users in 2021. This…

Abstract

There has been a widespread proliferation of digital technologies in the last few decades with worldwide usage increasing to 4.66 billion active internet users in 2021. This amounts to 59.5% or half of the overall population and is significant. On the one hand, the changing digital state of affairs means that there are greater opportunities for businesses, economies and societies to flourish since 92.6% (4.32 billion) access the internet through mobile devices (Statista, 2021). On the other hand, this digital revolution has not percolated equally, with women having less access to resources and capabilities to utilise digital tools. This phenomenon is known as the ‘digital gender divide’ (OECD, 2018). Correspondingly, the COVID-19 pandemic has not had favourable outcomes for women, with many losing jobs, downscaling their careers or leaving the workforce. Generally, it has disadvantaged women both economically and socially to the extent of slowing their progress towards gender equality and empowerment. With the new normal, following the COVID-19 pandemic and the acceleration of the digitalisation process, possessing digital skills and know-how will be an essential must-have. Digital working offers possibilities for women to become business owners, work flexibly and remotely, be connected to the rest of the world, and have easy access to information and education. For this to happen, the digital gender divide must be resolved by quick, concerted and inclusive pragmatic global policy-level actions to empower women to play a significant part in the digital landscape that would lead to economic prosperity and resilience, equal societies and a much better world.

Details

Responsible Management of Shifts in Work Modes – Values for a Post Pandemic Future, Volume 1
Type: Book
ISBN: 978-1-80262-720-6

Keywords

Article
Publication date: 4 March 2014

Jonathan Matthew Scott, Richard T. Harrison, Javed Hussain and Cindy Millman

This exploratory study aims to examine how knowledge acquired via guanxi (networks and connections) is enabling women in China to overcome a number of significant barriers and…

Abstract

Purpose

This exploratory study aims to examine how knowledge acquired via guanxi (networks and connections) is enabling women in China to overcome a number of significant barriers and challenges in order to start and grow successful businesses.

Design/methodology/approach

The authors undertook two in-depth interviews to qualitatively investigate the use of guanxi as a means of overcoming various barriers faced by Chinese women in establishing and growing their businesses.

Findings

The findings suggest that family background (and, in particular, support from parents and spouses), experience, training, education and finance are key success factors influencing the performance of women-led firms in China. The experiences of the two entrepreneurs in the study demonstrate the importance of mentors in helping to develop a woman's business acumen and providing the right contacts to help overcome potential barriers to developing a successful business.

Research limitations/implications

While this study provides a useful first step to better understanding the role of guanxi networks in supporting women-led ventures in China, further research is needed to test the generalizability of the findings.

Originality/value

This study contributes to the limited prior research focusing on the important role of guanxi networks in assisting Chinese women to successfully launch and grow new ventures.

Details

International Journal of Gender and Entrepreneurship, vol. 6 no. 1
Type: Research Article
ISSN: 1756-6266

Keywords

Article
Publication date: 2 June 2020

Elisa Mohanty and Anindya Jayanta Mishra

The widespread use of information and communication technologies (ICTs) has had a significant effect on various groups and communities of people including micro, small and medium…

1094

Abstract

Purpose

The widespread use of information and communication technologies (ICTs) has had a significant effect on various groups and communities of people including micro, small and medium enterprises (MSMEs) and their owners/managers. The current study aims to analyze recent literature regarding adoption of ICTs by MSMEs. Further, it tries to locate gender within this broader context of diffusion of ICTs among MSMEs.

Design/methodology/approach

Using the thematic analysis approach, the research articles pertaining to six leading journals on ICTs, gender and entrepreneurship published during the time period from 2011 to 2019 are reviewed.

Findings

The literature selected for the study has been discussed under two primary categories, viz. “adoption of information and communication technologies for development (ICT4D) for business purposes” and “insights on gender in ICT4D use by MSMEs.”

Research limitations/implications

The context-dependent nature of ICT use can enable future entrepreneurs to assess the scope of specific ICTs in given areas of operation. The gendered nature of ICTs helps to evaluate as well as question the empowerment potential of ICTs. The study emphasizes the need to account for historical specificities and transnational linkages in understanding access, adoption and use of ICT4D by women MSME entrepreneurs.

Originality/value

The study bridges together literature on ICT4D use by MSMEs and the role of gender in ICT-mediated entrepreneurial environments. While unraveling the interplay of power dynamics in such environments, the scope for future research in terms of tapping into the content of information exchanges and exploring the implications of “dark side of internet” for women MSME entrepreneurs is also indicated.

Details

International Journal of Gender and Entrepreneurship, vol. 12 no. 3
Type: Research Article
ISSN: 1756-6266

Keywords

Article
Publication date: 23 July 2018

Linda F. Edelman, Róisín Donnelly, Tatiana Manolova and Candida G. Brush

Women-led companies receive less than 5 per cent of early-stage equity investment. This paper aims to explore the disparity in equity funding between men- and women-led companies…

2203

Abstract

Purpose

Women-led companies receive less than 5 per cent of early-stage equity investment. This paper aims to explore the disparity in equity funding between men- and women-led companies, using a social identity perspective, complemented by insights from signaling theory. We argue that in the angel group context, which is male-dominated, gender stereotypes may bias angels’ interpretation of the signals sent by entrepreneurs, so that entrepreneurial ventures led by men are more favorably evaluated, thus excluding women entrepreneurs from funding. The ideas are tested on a sample of 358 entrepreneurs who applied for funding from a northeast US angel group using perceptual data from both sides of the investment dyad. Findings suggest that angel investors view women-led entrepreneurial ventures as having less legitimacy, even though we see no difference in actual legitimacy across ventures.

Design/methodology/approach

The ideas are tested on a sample of 358 entrepreneurs who applied for funding from a northeast angel group using perceptual data from both sides of the investment dyad.

Findings

The findings suggest that, in the context of angel investing, there is a subtle bias that follows from the perceived stereotype between being female and the ability to lead a legitimate new venture. Thus, this study tests the tenets of the social identity theory by finding that mostly male angel investors act in accordance to their gender prescribed roles when they evaluate businesses presented by women entrepreneurs providing some evidence of “in-group” and “out-group” effects and stereotypes.

Research limitations/implications

The findings continue the conversation about biases toward women in early-stage financing by using a social identity lens to look at the way in which adopted identities lead to particular outcomes and stereotypes. The authors have used the context of angel investing to test these ideas, finding some support for their contention that gender is pivotal when angels are making investment decisions. For researchers, this study suggests that gender should not be used solely as a control variable, but instead should be the focus of the inquiry itself.

Practical implications

For practitioners, this study reminds women seeking angel investment that they are not playing on a level field and so they should do all that they can to enhance the legitimacy of themselves and their ventures.

Originality/value

The authors contend that within an angel group that is composed of predominantly men, role stereotypes of entrepreneurs as masculine will be expected, therefore creating gender biases against women. The authors expect these biases, whether conscious or unconscious, will lead the angel investors to evaluate men entrepreneurs more favorably than women entrepreneurs as they move through the angel investment process. Therefore, for women entrepreneurs in the early stages of investment funding, the authors posit that the dearth of funding is a function of gender identity stereotypes which may be manifested in hidden and often unconscious biases on the part of the angel investor.

Details

International Journal of Gender and Entrepreneurship, vol. 10 no. 2
Type: Research Article
ISSN: 1756-6266

Keywords

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