“…Additionally, although women and men entrepreneurs are heterogeneous in showing various kinds of decision-making biases and possess different decision policies (Shepherd, 2010) and mental models (Xu, 2011), there is neither any scrutiny of the role of gender in the genesis of entrepreneurial biases nor any robust studies on the biases of female entrepreneurs . In general, the previous researches have studied women entrepreneurs chiefly with regard to risk-taking (Sexton and Bowman-Upton, 1990), strategic decision-making (Sonfield et al, 2001), levels of life stress (Parasuraman and Simmers, 2001), self-efficacy and intentions (Wilson et al, 2007), funding methods , opportunity identification (DeTienne and Chandler, 2007), opportunity alertness and fear of failure (Langowitz and Minniti, 2007), the mental models of firm strategies (Xu, 2011), gender role identity (Leung, 2011), entrepreneurial intentions (Shinnar et al, 2012), small business borrowing (Wu and Chua, 2012), growth intentions (Davis and Shaver, 2012), perceived feasibility of establishing new businesses (Dabic et al, 2012), entrepreneurial selfefficacy (Dempsey and Jennings, 2014), the role of gender stereotypes (Adom and Anambane, 2019) and start-up intentions (Solesvik et al, 2019).…”