Innovative female-led startups. do women in business underperform?

The spur of innovative startups has provided an unprecedented opportunity for female entrepreneurship. However, the mainstream literature on startups has elaborated a gender performance gap hypothesis. Considering the speed of technological, social, and cultural changes that have taken place in this...

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Bibliographic Details
Published in:Administrative sciences 2018-12, Vol.8 (4), p.1-15
Main Author: Demartini, Paola
Format: Article
Language:English
Subjects:
Crowdfunding
Economic growth
Employment
Empowerment
Entrepreneurs
Entrepreneurship
Financial performance
Gender differences
gender gap
Genomes
high tech female entrepreneur
Hypotheses
Innovations
Innovative female startups
Knowledge economy
Literature reviews
Profitability
Small business
Startups
Studies
Success
underperformance hypothesis
Women
Women owned businesses
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Summary:The spur of innovative startups has provided an unprecedented opportunity for female entrepreneurship. However, the mainstream literature on startups has elaborated a gender performance gap hypothesis. Considering the speed of technological, social, and cultural changes that have taken place in this millennium, we wonder if this gap can still be found today, with particular reference to new technology-based ventures. A financial analysis has been conducted on a sample of innovative Italian startups, and the following variables have been used to assess the company's success: (i) size, (ii) profitability, (iii) efficiency, (iv) financial structure, and (v) financial management. Our results reveal that as far as financial performance is concerned, innovative female-led startups do not lag behind male ones in terms of dimension, company profitability, efficiency, and financial management. However, findings confirmed, even for our sample, that female businesses raise, on average, a lower amount of financial resources in comparison to men.
ISSN:2076-3387
2076-3387
DOI:10.3390/admsci8040070