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New Venture Financing and Subsequent Business Growth in Men‐ and Women‐Led Businesses

New Venture Financing and Subsequent Business Growth in Men‐ and Women‐Led Businesses This study investigates the possible funding gap for women‐owned compared with men‐owned new businesses. With longitudinal data from new businesses in Norway, gender differences in funding perceptions and behaviors, as well as in actually obtained amounts of funding, are explored. While there are few detected gender differences with respect to funding perceptions and behavior, women obtain significantly less financial capital to develop their new businesses. Moreover, the results indicate that the lower levels of financial capital that women business founders achieve are associated with lower early business growth compared with their male counterparts. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Entrepreneurship Theory and Practice Wiley

New Venture Financing and Subsequent Business Growth in Men‐ and Women‐Led Businesses

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Publisher
Wiley
Copyright
Copyright © 2006 Wiley Subscription Services, Inc., A Wiley Company
ISSN
1042-2587
eISSN
1540-6520
DOI
10.1111/j.1540-6520.2006.00141.x
Publisher site
See Article on Publisher Site

Abstract

This study investigates the possible funding gap for women‐owned compared with men‐owned new businesses. With longitudinal data from new businesses in Norway, gender differences in funding perceptions and behaviors, as well as in actually obtained amounts of funding, are explored. While there are few detected gender differences with respect to funding perceptions and behavior, women obtain significantly less financial capital to develop their new businesses. Moreover, the results indicate that the lower levels of financial capital that women business founders achieve are associated with lower early business growth compared with their male counterparts.

Journal

Entrepreneurship Theory and PracticeWiley

Published: Sep 1, 2006

References

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