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“Cracking the Glass Ceiling” - A Contribution to the Funding Gap in Europe: Does Self-Perception Matter for Female Entrepreneurs Applying for External Funding?
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
2016 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

The rates for women entrepreneurs in Europe applying for external finance are significantly lowercompared to their male counterparts, to which the ‘gender funding gap’ has been part of a widerdiscussion within female entrepreneurship. This study departs from statistical and theory-basedevidence within recent literature to assess if female business-owners have lower self-perception thanmen and consequently face difficulties when applying for funding. Based on identifying both ‘supplyand demand’ factors, the study examined the following five key categories to be relevant: fear offailure; efficacy; risk aversion; networking; and credibility. This study has used quantitative methodsto empirically examine the data of 68 EU female and male entrepreneurs who have equallyconsidered external funding, to assess if female entrepreneur’s self-perception has an effect onfemales applying for funding and whether this overall contributes towards the funding gap. Thefindings for each categories could not verify the theory that self-perception contributes towards thefunding gap for female entrepreneurs. This suggests future research is required, as it remainsinconclusive if all factors play a domino effect or if an unexplored factor contributes to the fundinggap significantly.

Place, publisher, year, edition, pages
2016. , 61 p.
Keyword [en]
Gender Gap, Female Entrepreneurship, Self-Perception, Entrepreneurial Challenges, Self-Efficacy, Risk Aversion, Fear of Failure, External Finance, Funding, Glass Ceiling
National Category
Business Administration
URN: urn:nbn:se:uu:diva-294984OAI: oai:DiVA.org:uu-294984DiVA: diva2:932157
Subject / course
Business Studies
Educational program
Master Programme in Business and Management
Available from: 2016-06-22 Created: 2016-05-31 Last updated: 2016-06-22Bibliographically approved

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