High-growth Women’s Entrepreneurship
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High-growth Women’s Entrepreneurship

Programs, Policies and Practices

Edited by Amanda Bullough, Diana Hechavarría, Candida G. Brush and Linda F. Edelman

Women’s entrepreneurship is vital for economic and social development, yet female entrepreneurs worldwide are consistently found to have weaker sales and employment growth, fewer jobs, and lower profitability. This book was written to address this reality, and focuses on the high-growth potential of women entrepreneurs.
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Chapter 2: Networks, start-up capital and womens entrepreneurial performance in Africa: evidence from Eswatini

Zuzana Brixiová and Thierry Kangoye

Abstract

This chapter analyses the role of networks in the access of women entrepreneurs to start-up capital and firm performance in Eswatini, a country with one of the highest female unemployment rates in Africa. The chapter first shows that higher initial capital is associated with better sales performance for both men and women entrepreneurs. Women entrepreneurs start their firms with smaller start-up capital than men and are more likely to fund it from their own sources, which reduces the size of their firm and sales level. However, women with higher education start their firms with more capital than their less educated counterparts. Moreover, women who receive support from professional networks have higher initial capital, while those trained in financial literacy more often access external funding sources, including through their networks.

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