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 7: Gender gap in perceived financing opportunities for high-growth enterprises

Blaž Frešer, Karin Širec and Polona Tominc

Abstract

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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