Perceived financial barriers and the start-up decision: an econometric analysis of gender differences using GEM data
Roper, Stephen and Scott, Jonathan M.. (2009) Perceived financial barriers and the start-up decision: an econometric analysis of gender differences using GEM data. International Small Business Journal, Vol.27 (No.2). pp. 149-171. ISSN 0266-2426Full text not available from this repository.
Official URL: http://dx.doi.org/10.1177/0266242608100488
Although accessing finance is key to the foundation of any business, particular concerns have been expressed about the ability of UK women-owned firms to obtain external failure. In this article we use an econometric approach to explore the effect of perceptions of financial barriers to start-up on the start-up decision itself. Our analysis is based on the Global Entrepreneurship Monitor (GEM) UK 2004 database. Standardizing for a range of individual characteristics, we find that women are around 7.4% more likely to perceive financial barriers to business start-up than men. As perceptions of financial barriers are linked negatively to the start-up decision, stronger perceptions of financial barriers among women are having a disproportionate effect on women's start-up decision, not linked to financial barriers. Policy responses, therefore, need to take into account the demand-side with the aim of countering the more negative perceptions of star-up finance among potential women enterpreneurs. Mentoring and confidence-building programmes are obvious possibilities. We also find support for the value of university and college-based work experience programmes.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HF Commerce
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
|Divisions:||Faculty of Social Sciences > Warwick Business School > Centre for Small & Medium-Sized Enterprises
Faculty of Social Sciences > Warwick Business School > Entrepreneurship, Innovation & Management
Faculty of Social Sciences > Warwick Business School
|Journal or Publication Title:||International Small Business Journal|
|Publisher:||Sage Publications Ltd.|
|Number of Pages:||23|
|Page Range:||pp. 149-171|
|Access rights to Published version:||Restricted or Subscription Access|
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