Gender Bias in Entrepreneurship: What is the Role of the Founders’ Entrepreneurial Background?

Pistilli, Luca; Paccagnini, Alessia; Breschi, Stefano; Malerba, Franco

doi:10.1007/s10551-022-05275-y

Cited by 7 publications

(2 citation statements)

References 111 publications

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“…Biases based on gender may influence how entrepreneurs are viewed (e.g. Pistilli et al. , 2023), which may have an impact on the spread of their legitimacy.…”

Section: Methodsmentioning

confidence: 99%

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New venture legitimacy diffusion beyond the local entrepreneurial ecosystem: the transformative role of brokerage and network activities

Kansheba,

Fubah,

Wald

2024

IJEBR

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PurposeNew ventures often encounter legitimation challenges due to their liability of newness and foreignness. This particularly applies to the legitimacy beyond the local entrepreneurial ecosystem (EE). The present study examines how new ventures’ local legitimacy influences legitimacy diffusion beyond the local EEs. It considers both the direct relationship between new venture local legitimacy and its diffusion beyond the EE and the moderating effects of legitimacy brokerage and network activities on this relationship.Design/methodology/approachA hierarchical multiple linear regression is employed to test a series of hypotheses using the data of 228 Finnish firms which was collected with an online survey.FindingsFirms that garner active local legitimacy have a greater chance to diffuse that legitimacy beyond an existing ecosystem. Results also reveal that network activities and legitimacy brokerage enhance (positively moderate) the association between (passive and active) local legitimacy and its diffusion.Originality/valueThe present study contributes to and extends the literature at the intersection of new venture legitimacy and legitimacy diffusion beyond the existing EE – an aspect which has not been sufficiently studied.

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“…Biases based on gender may influence how entrepreneurs are viewed (e.g. Pistilli et al. , 2023), which may have an impact on the spread of their legitimacy.…”

Section: Methodsmentioning

confidence: 99%

“…Biases based on gender may influence how entrepreneurs are viewed (e.g. Pistilli et al, 2023), which may have an impact on the spread of their legitimacy. Given its potential correlations with experience, networking skills, general trustworthiness and age are also an important control variable.…”

Section: Constructs and Their Assessmentmentioning

confidence: 99%

New venture legitimacy diffusion beyond the local entrepreneurial ecosystem: the transformative role of brokerage and network activities

Kansheba,

Fubah,

Wald

2024

IJEBR

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Does dispositional optimism affect entrepreneurial success? Evidence from Saudi Arabia

Ben Fatma,

Dana,

Elleuch

et al. 2024

Int Entrep Manag J

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This study explores the effect of dispositional optimism bias on entrepreneurial success. By reviewing a mixture of previous studies from different disciplines: psychology, business and economics, we predict that this bias can positively affect entrepreneurial success. Based on a sample of 255 entrepreneurs in the Kingdom of Saudi Arabia and using the LOT-R psychometric test to measure the level of dispositional optimism among entrepreneurs, the effect of this variable on entrepreneurial success was tested, and the results show that this bias positively affects entrepreneurial success. Entrepreneurial success was also measured through three different proxies: the level of entrepreneurs’ satisfaction with what has been achieved from their entrepreneurial projects, the variation in the number of employees, and sales growth and the results were stable. We also find that entrepreneurs’ experience, age, and gender can influence entrepreneurial success. Finally, we should view entrepreneurial success not only as a function of traditional variables but also as a function of psychological biases.

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Investing in people, not in products: how age, gender, ethnicity, and attractiveness of entrepreneurial teams influence the decision-making of angel investors in Germany

Boerner,

Fritz,

Frick

2024

J Bus Econ

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The high-risk decision environment and information asymmetries associated with investing in early-stage startups in pitch competitions make angel investors prone to biased decision-making. Drawing from social perception theory, this study examines how angel investors’ decisions are influenced by observed personal characteristics of entrepreneurial teams, based on representative stereotypes. Analyzing a dataset of N = 553 startup pitches from the German televised competition Die Höhle der Löwen, this study reveals that the likelihood of securing deals with German angel investors and the resulting business valuations are linked to certain superficial team characteristics. Specifically, the age, diverse ethnicity, and physical attractiveness of the entrepreneurial team have a significant positive effect on deal probabilities. Moreover, angel investors offer lower deal valuations to teams of older and female entrepreneurs, suggesting the presence of a systematic bias. These insights contribute to understanding the role of stereotypes in entrepreneurial finance and address the challenges related to bias in access to capital for early-stage startups in Germany.

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Gender Bias in Entrepreneurship: What is the Role of the Founders’ Entrepreneurial Background?

Cited by 7 publications

References 111 publications

New venture legitimacy diffusion beyond the local entrepreneurial ecosystem: the transformative role of brokerage and network activities

New venture legitimacy diffusion beyond the local entrepreneurial ecosystem: the transformative role of brokerage and network activities

Does dispositional optimism affect entrepreneurial success? Evidence from Saudi Arabia

Investing in people, not in products: how age, gender, ethnicity, and attractiveness of entrepreneurial teams influence the decision-making of angel investors in Germany

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