IDEAS home Printed from https://ideas.repec.org/a/eee/jobuve/v9y2018icp32-38.html
   My bibliography  Save this article

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

Author

Listed:
  • 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.

Suggested Citation

  • 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
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2352673417300938
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jbvi.2018.01.002?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kimberly A. Eddleston & Jamie J. Ladge & Cheryl Mitteness & Lakshmi Balachandra, 2016. "Do you See what I See? Signaling Effects of Gender and Firm Characteristics on Financing Entrepreneurial Ventures," Entrepreneurship Theory and Practice, , vol. 40(3), pages 489-514, May.
    2. Elizabeth Gatewood & Candida Brush & Nancy Carter & Patricia Greene & Myra Hart, 2009. "Diana: a symbol of women entrepreneurs’ hunt for knowledge, money, and the rewards of entrepreneurship," Small Business Economics, Springer, vol. 32(2), pages 129-144, February.
    3. Elena Bardasi & Shwetlena Sabarwal & Katherine Terrell, 2011. "How do female entrepreneurs perform? Evidence from three developing regions," Small Business Economics, Springer, vol. 37(4), pages 417-441, November.
    4. Verheul, Ingrid & Thurik, Roy, 2001. "Start-Up Capital: "Does Gender Matter?"," Small Business Economics, Springer, vol. 16(4), pages 329-345, June.
    5. Barbara J. Orser & Allan L. Riding & Kathryn Manley, 2006. "Women Entrepreneurs and Financial Capital," Entrepreneurship Theory and Practice, , vol. 30(5), pages 643-665, September.
    6. Helene Ahl, 2006. "Why Research on Women Entrepreneurs Needs New Directions," Entrepreneurship Theory and Practice, , vol. 30(5), pages 595-621, September.
    7. Patricia G. Greene & Candida G. Brush & Myra M. Hart & Patrick Saparito, 2001. "Patterns of venture capital funding: Is gender a factor?," Venture Capital, Taylor & Francis Journals, vol. 3(1), pages 63-83, January.
    8. Vishal K. Gupta & Daniel B. Turban & S. Arzu Wasti & Arijit Sikdar, 2009. "The Role of Gender Stereotypes in Perceptions of Entrepreneurs and Intentions to Become an Entrepreneur," Entrepreneurship Theory and Practice, , vol. 33(2), pages 397-417, March.
    9. Barbara Bird & Candida Brush, 2002. "A Gendered Perspective on Organizational Creation," Entrepreneurship Theory and Practice, , vol. 26(3), pages 41-65, April.
    10. John R. Becker–Blease & Jeffrey E. Sohl, 2011. "The Effect of Gender Diversity on Angel Group Investment," Entrepreneurship Theory and Practice, , vol. 35(4), pages 709-733, July.
    11. Candida G. Brush & Nancy M. Carter & Elizabeth J. Gatewood & Patricia G. Greene & Myra M. Hart, 2006. "The use of bootstrapping by women entrepreneurs in positioning for growth," Venture Capital, Taylor & Francis Journals, vol. 8(1), pages 15-31, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. 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).
    2. 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).
    3. Elitzur, Ramy & Solodoha, Eliran, 2021. "Does gender matter? Evidence from crowdfunding," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    4. 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).
    5. Narda R. Quigley & Pankaj C. Patel, 2022. "Reexamining the gender gap in microlending funding decisions: the role of borrower culture," Small Business Economics, Springer, vol. 59(4), pages 1661-1685, December.
    6. 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.
    7. Pavlova, Elitsa & Gvetadze, Salome, 2023. "Female access to finance: A survey of literature," EIF Working Paper Series 2022/87, European Investment Fund (EIF).
    8. 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).
    9. Berry, James W. & Sanchez, Janice, 2019. "Perceiving entrepreneurs: Job title comparisons in warmth and competence," Journal of Business Venturing Insights, Elsevier, vol. 12(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lakshmi Balachandra & Tony Briggs & Kim Eddleston & Candida Brush, 2019. "Don’t Pitch Like a Girl!: How Gender Stereotypes Influence Investor Decisions," Entrepreneurship Theory and Practice, , vol. 43(1), pages 116-137, January.
    2. Malin Malmström & Jeaneth Johansson & Joakim Wincent, 2017. "Gender Stereotypes and Venture Support Decisions: How Governmental Venture Capitalists Socially Construct Entrepreneurs’ Potential," Entrepreneurship Theory and Practice, , vol. 41(5), pages 833-860, September.
    3. Ana Laguía & Cristina García-Ael & Dominika Wach & Juan A. Moriano, 2019. "“Think entrepreneur - think male”: a task and relationship scale to measure gender stereotypes in entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 15(3), pages 749-772, September.
    4. Brush, Candida G. & Greene, Patricia G. & Welter, Friederike, 2020. "The Diana project: a legacy for research on gender in entrepreneurship," Working Papers 02/20, Institut für Mittelstandsforschung (IfM) Bonn.
    5. Sara Poggesi & Michela Mari & Luisa Vita, 2016. "What’s new in female entrepreneurship research? Answers from the literature," International Entrepreneurship and Management Journal, Springer, vol. 12(3), pages 735-764, September.
    6. Kimberly A. Eddleston & Jamie J. Ladge & Cheryl Mitteness & Lakshmi Balachandra, 2016. "Do you See what I See? Signaling Effects of Gender and Firm Characteristics on Financing Entrepreneurial Ventures," Entrepreneurship Theory and Practice, , vol. 40(3), pages 489-514, May.
    7. Avnimelech, Gil & Rechter, Eyal, 2023. "How and why accelerators enhance female entrepreneurship," Research Policy, Elsevier, vol. 52(2).
    8. Ingrid C. Chadwick & Alexandra Dawson, 2024. "From imposter fears to authenticity: a typology of women entrepreneurs," Small Business Economics, Springer, vol. 62(3), pages 1025-1050, March.
    9. 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).
    10. Lee, In Hyeock & Paik, Yongsun & Uygur, Ugur, 2016. "Does Gender Matter in the Export Performance of International New Ventures? Mediation Effects of Firm-specific and Country-specific Advantages," Journal of International Management, Elsevier, vol. 22(4), pages 365-379.
    11. Jörg Prokop & Dandan Wang, 2022. "Is there a gender gap in equity-based crowdfunding?," Small Business Economics, Springer, vol. 59(3), pages 1219-1244, October.
    12. Jiang, Yiqi & Jiang, Zhou & Chen, Zhijun, 2024. "Women entrepreneurship in China: A bibliometric literature review and future research agenda," Journal of Business Research, Elsevier, vol. 179(C).
    13. Isabel Martínez-Rodríguez & Consolación Quintana-Rojo & Pedro Gento & Fernando-Evaristo Callejas-Albiñana, 2022. "Public policy recommendations for promoting female entrepreneurship in Europe," International Entrepreneurship and Management Journal, Springer, vol. 18(3), pages 1235-1262, September.
    14. Hmieleski, Keith M. & Sheppard, Leah D., 2019. "The Yin and Yang of entrepreneurship: Gender differences in the importance of communal and agentic characteristics for entrepreneurs' subjective well-being and performance," Journal of Business Venturing, Elsevier, vol. 34(4), pages 709-730.
    15. Daniela Giménez & Andrea Calabrò, 2018. "The salient role of institutions in Women’s entrepreneurship: a critical review and agenda for future research," International Entrepreneurship and Management Journal, Springer, vol. 14(4), pages 857-882, December.
    16. Elitzur, Ramy & Solodoha, Eliran, 2021. "Does gender matter? Evidence from crowdfunding," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    17. Jayawarna, Dilani & Jones, Oswald & Marlow, Susan, 2015. "The influence of gender upon social networks and bootstrapping behaviours," Scandinavian Journal of Management, Elsevier, vol. 31(3), pages 316-329.
    18. Danijela Stošić, 2016. "Aspects Of The Business Success Important To Female Entrepreneurs In Urban Areas Of The Republic Of Serbia – A Pilot Study," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 61(208), pages 121-136, January -.
    19. Candida Brush & Linda F. Edelman & Tatiana Manolova & Friederike Welter, 2019. "A gendered look at entrepreneurship ecosystems," Small Business Economics, Springer, vol. 53(2), pages 393-408, August.
    20. Gloria Sweida & Cynthia L. Sherman, 2020. "Does Happiness Launch More Businesses? Affect, Gender, and Entrepreneurial Intention," IJERPH, MDPI, vol. 17(18), pages 1-16, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jobuve:v:9:y:2018:i:c:p:32-38. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/journal-of-business-venturing-insights .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.