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Desperately seeking finance? The demand for finance by women-owned and -led businesses

Hill, Frances and Leitch, Claire and Harrison, Richard (2006) Desperately seeking finance? The demand for finance by women-owned and -led businesses. Venture Capital: An International Journal of Entrepreneurial Finance, 8 (2). pp. 159-182. ISSN 1369-1066

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Abstract

The study reported here addresses some issues on gender, entrepreneurship and finance that have been identified as problematic in the literature. For example, much of the research to date is based on the assumption of entrepreneurship as male entrepreneurship; few studies have controlled for structural characteristics that may impact on the relationship between owner gender and a venture's ability to raise finance; and women are less likely than men to seek growth and external financing. Through the conduct of in-depth semi-structured interviews, an attempt has been made to give ‘voice’ to women's intrinsically interesting experiences as the enactment of a situated practice, and not just in comparison with the assumed norm of male entrepreneurial activity. The findings suggest that when variables such as individual and firm characteristics are controlled for, generalizations found in the literature may not be supported. Further, the paper highlights that neither women entrepreneurs nor their businesses are homogeneous in nature and that greater heterogeneity in the study of female entrepreneurship in general, and access to finance in particular, is required.

Item Type: Article
Journal or Publication Title: Venture Capital: An International Journal of Entrepreneurial Finance
Uncontrolled Keywords: Gender ; women's entrepreneurship ; banks ; equity finance ; venture capital ; networking ; hi-tech
Subjects: H Social Sciences > HB Economic Theory
Departments: Lancaster University Management School > Management Learning & Leadership
ID Code: 55483
Deposited By: ep_importer_pure
Deposited On: 29 Jun 2012 09:53
Refereed?: Yes
Published?: Published
Last Modified: 26 Jul 2012 20:39
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/55483

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