Programs, Policies and Practices
Edited by Amanda Bullough, Diana Hechavarría, Candida G. Brush and Linda F. Edelman
Chapter 7: Gender gap in perceived financing opportunities for high-growth enterprises
The core of this chapter lies in the analysis of the gender gap in accessibility of perceived financial resources between men- and women-controlled high-growth enterprises (HGEs). Financial resources are among the most important elements enabling HGEs to develop and achieve outstanding growth rates. Financial resource accessibility can be subject to different growth determinants, which can increase or decrease HGEs’ access to a particular financial resource. This study provides an insight into the relationship between entrepreneurial orientation (EO), HGEs’ capital (human capital and networking capability, as a part of social capital), and perceived accessibility of different financial resources. As the results suggest, there are some differences between the two gender groups, as a consequence of direct gender discriminatory effects that may emerge from discriminatory investors’ behaviour preferring men- over women-controlled HGEs, leading the authors to provide some policy recommendations aiming to support the financing of women-controlled HGEs. The importance of changing practice on both the demand and the supply side of financing is suggested.
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