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

Entrepreneurship Theory and Practice - Tập 30 Số 5 - Trang 667-686 - 2006
Gry Agnete Alsos1, Espen John Isaksen2, Elisabet Ljunggren1
1Nordland Research Institute, N–8049 Bodø, Norway.
2Bodø Graduate School of Business, N–8049 Bodø, Norway.

Tóm tắt

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.

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