“Cracking the Glass Ceiling” - A Contribution to the Funding Gap in Europe: Does Self-Perception Matter for Female Entrepreneurs Applying for External Funding?
Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
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.
Gender Gap, Female Entrepreneurship, Self-Perception, Entrepreneurial Challenges, Self-Efficacy, Risk Aversion, Fear of Failure, External Finance, Funding, Glass Ceiling
IdentifiersURN: urn:nbn:se:uu:diva-294984OAI: oai:DiVA.org:uu-294984DiVA: diva2:932157
Subject / course
Master Programme in Business and Management