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When stereotypical gender notions see the light of day, will they burst? Venture capitalists' gender constructions versus venturing performance facts

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  • Malmström, Malin
  • Voitkane, Aija
  • Johansson, Jeaneth
  • Wincent, Joakim

Abstract

Although often discussed, there has been limited effort to match venture capitalists’ construction of gender notions with specific facts about the entrepreneurs’ venturing activities. This study shows how stereotypical gender notions of both men and women entrepreneurs are embedded in venture capitalists’ assessments and analyses as well as explores whether or not these notions have substance based on actual performance. Drawing on interview data and statistical analysis of objective key performance information from accounting reports, we identify four myths in the evaluations of 126 venture capital applications for governmental capital that do not have any significant empirical substance. We discuss these findings’ implications for the study of myths in women's entrepreneurship.

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  • Malmström, Malin & Voitkane, Aija & Johansson, Jeaneth & Wincent, Joakim, 2018. "When stereotypical gender notions see the light of day, will they burst? Venture capitalists' gender constructions versus venturing performance facts," Journal of Business Venturing Insights, Elsevier, vol. 9(C), pages 32-38.
    • Handle: RePEc:eee:jobuve:v:9:y:2018:i:c:p:32-38
    DOI: 10.1016/j.jbvi.2018.01.002
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    References listed on IDEAS

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    2. Pavlova, Elitsa & Gvetadze, Salome, 2023. "Female access to finance: A survey of literature," EIF Working Paper Series 2022/87, European Investment Fund (EIF).
    3. Evila Piva & Paola Rovelli, 2022. "Mind the gender gap: the impact of university education on the entrepreneurial entry of female and male STEM graduates," Small Business Economics, Springer, vol. 59(1), pages 143-161, June.
    4. Rudic, Biljana & Hubner, Sylvia & Baum, Matthias, 2021. "Hustlers, hipsters and hackers: Potential employees’ stereotypes of entrepreneurial leaders," Journal of Business Venturing Insights, Elsevier, vol. 15(C).
    5. Berry, James W. & Sanchez, Janice, 2019. "Perceiving entrepreneurs: Job title comparisons in warmth and competence," Journal of Business Venturing Insights, Elsevier, vol. 12(C).
    6. Pollack, Jeffrey M. & Cardon, Melissa S. & Rutherford, Matthew W. & Ruggs, Enrica N. & Balachandra, Lakshmi & Baron, Robert A., 2023. "Rationality in the entrepreneurship process: Is being rational actually rational? Introduction to the special issue," Journal of Business Venturing, Elsevier, vol. 38(3).
    7. Geiger, Mark, 2020. "A meta-analysis of the gender gap(s) in venture funding: Funder- and entrepreneur-driven perspectives," Journal of Business Venturing Insights, Elsevier, vol. 13(C).
    8. Balachandra, Lakshmi & Fischer, Katrin & Brush, Candida, 2021. "Do (women’s) words matter? The influence of gendered language in entrepreneurial pitching," Journal of Business Venturing Insights, Elsevier, vol. 15(C).
    9. Elitzur, Ramy & Solodoha, Eliran, 2021. "Does gender matter? Evidence from crowdfunding," Journal of Business Venturing Insights, Elsevier, vol. 16(C).

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