The Power of Women Business Angels: Breaking the Double Glass Ceiling That Limits Women’s Entrepreneurial Dreams

Gavara, Carme Moreno; Zarco, Ana Isabel Jiménez

doi:10.1057/9781137432155_14

Cited by 6 publications

(4 citation statements)

References 31 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Lower access to external financing can have an impact on the viability of female entrepreneurial activity, as women will need to ask for money from other more expensive sources or give it up (Orser et al , 2006). On the other hand, female entrepreneurs can obtain the support of new types of financial organisations, such as business angels (Harrison and Mason, 2007; Gavara and Zarco, 2015; Ewens and Townsend, 2017) or venture capital firms (Kollmann and Kuckertz, 2010; Brush et al , 2014a; Tinkler et al , 2015; Lins and Lutz, 2016). An advantage of having the support of these types of organisations is that they not only provide financing but also become the gasoline that accelerates business growth (Lange et al , 2007).…”

Section: Female Entrepreneurs’ Financing Sourcesmentioning

confidence: 99%

“…Companies that have the support of business angels in their initial stages of life (Gavara and Zarco, 2015) and venture capital (Tinkler et al , 2015) during their development manage to obtain greater financing have a greater probability of success than those who do not get it (Brush et al , 2006; Harrison and Mason, 2007; Croce et al , 2018). That is why understanding the variables that determine the lower propensity for women entrepreneurs to receive this type of support is critical: having this support to a lesser extent can reduce the chances of success of their economic activities.…”

Section: Female Entrepreneurs’ Financing Sourcesmentioning

confidence: 99%

“…The economic literature has paid special attention to studying the possible biases on the supply side of financing (Carter et al , 2007; Brush and Welter, 2009; Poggesi et al , 2016). Therefore, understanding whether financial institutions and investors have raised a second glass ceiling has been a central issue for recent research (Mattis, 2004; Gavara and Zarco, 2015).…”

Section: Supply and Demand Sides Of Female Entrepreneurs’ Financingmentioning

confidence: 99%

“…This situation of less entrepreneurial activity and activity in less attractive sectors can be considered the new “glass ceiling” (Cotter et al , 2001; Tan, 2008; Bosse and Porcher, 2012; Gavara and Zarco, 2015). The original concept of the “glass ceiling” arose (Cotter et al , 2001) to show that the barriers women found because of their gender were even stronger as they progressed in their careers.…”

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Money for female entrepreneurs does not grow on trees: start-ups’ financing implications in times of COVID-19

Villaseca

Navío-Marco

Gimeno

2020

JEEE

View full text Add to dashboard Cite

Purpose The purpose of this paper is to understand women’s approaches to acquiring financial and other resources is essential for closing the entrepreneurship gender gap. In nearly 40% of economies, women’s early-stage entrepreneurial activity is half or less than half of that of men’s. Design/methodology/approach Even when there is extensive literature on female entrepreneurs, the authors review the findings through a Coronavirus Disease 2019 (COVID-1)9 crisis lens, trying to find new perspectives and solutions. With the approach of a systematic review of 4,520 publications on financing topics related to female entrepreneurs, various sources of financing available to female entrepreneurs are considered: bootstrapping, banks, business angels, venture capital and crowdfunding. Findings Identifying potential gender bias both on the supply and the demand side of financing, this research highlights new directions in encouraging female entrepreneurship and gives guidelines to public organisations on how to foster advanced forms of financing for female entrepreneurs in COVID-19 times. Social implications The COVID-19 pandemic has posed an unprecedented challenge for economies and companies. Female entrepreneurs are the ones who have been hit harder, as they overcome pre-existing barriers, such as lack of access to finance, lack of networks and mentors and gendered priorities, among others. Without ensuring gender policies to counter these incremental negative effects, the authors face the risk of widening the gender gap. Originality/value Regarding previous systematic reviews of literature, this paper focusses on a specific challenge, how women entrepreneurs finance their activity, with a double vision: supply and demand of money.

show abstract