This study investigates the possible funding gap for women-owned compared with menowned 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.
Purpose – The purpose of this paper is to investigate the relationship between perceived desirability (attitude towards growth) and feasibility (entrepreneurial self-efficacy) of business growth and women entrepreneurs’ continued business growth aspirations. Hypotheses are derived guided by the Entrepreneurial Event Model (EEM). The authors also address the following research question: what reasons do women entrepreneurs state for wanting or not wanting continued business growth? Design/methodology/approach – The sample consists of 93 of the largest independent businesses in Norway started by women entrepreneurs in 2004, 2005 or 2006 (response rate 57.5 per cent). The hypotheses are tested using logistic regression. The authors carry out a post hoc analysis of open-ended questions, containing a qualitative analysis of the reasons for not wanting or wanting the business to grow. Findings – The results support the hypotheses. Controlling for industry, location and the women entrepreneurs’ age, perceived desirability and feasibility of business growth predict growth aspirations. Thus, the findings suggests that the EEM is an appropriate and useful model. Reasons are grouped in reasons relating to considerations for the entrepreneur, the business and the environment. The most common reason for not wanting the business to grow relates to business considerations, including that growth would jeopardize the quality of services offered by the business. Important reasons for wanting the business to grow include fun and excitement. Research limitations/implications – Policy makers and educators can encourage business growth by efforts aiming to increase the desirability and feasibility of growth. Practitioners as well as scholars should be aware of the inducements and costs associated with business growth. The study contributes to the entrepreneurship literature by exploring and identifying areas that both encourage and hinder further business growth among high-growth women entrepreneurs. Originality/value – Research on women-owned businesses is still scarce, and few if any previous studies have surveyed growth aspiration in new high-growth women-owned businesses. The combination of quantitative and qualitative techniques is also a novel contribution of this survey.
This paper investigates the survival rates of businesses founded by immigrants and natives in the context of Norway, which has not yet been explored. Based on the relevant literature review, the entrepreneur's human capital and venture's start-up characteristics were expected to explain the differences between the survival rates of businesses established by immigrants and natives. Longitudinal data on 389 firms established in 2002 were analyzed. It was revealed that the survival rate was lower for businesses established by immigrants compared to those established by natives. The analysis suggests that the relatively low survival rate of businesses established by immigrants is partly explained by the perceived novelty of the products and by the fact that immigrants are more likely to locate their businesses in urban areas. Human capital differences were not found to explain immigrant/native differences in business survival rates. Based on these results, several practical implications and suggestions for future research are offered.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.