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Beyond social capital: the role of perceived legitimacy and entrepreneurial intensity in achieving funding success and superior venture performance in women-led Russian SMEs

Author

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  • Tatiana Iakovleva
  • Jill Kickul

Abstract

The growth of the number of women-led enterprises has contributed to the global economy. However, the growth has outpaced the research and understanding of which factors influence the performance and development of individual firms. Our results reveal that social capital influences entrepreneurial perceptions of legitimacy competence and financial competence success. In an indirect but important manner, social capital affects financial performance via perceptions of legitimacy. Moreover, entrepreneurs' intensity towards the business is associated with their perception of financial competence and firm performance. Results further show that perceived legitimacy plays a key role in signalling to others the credibility of the firm. The paper discusses implications for women in emerging and transitioning economies as more women seek out and leverage their own networks towards their own sustainability.

Suggested Citation

  • Tatiana Iakovleva & Jill Kickul, 2011. "Beyond social capital: the role of perceived legitimacy and entrepreneurial intensity in achieving funding success and superior venture performance in women-led Russian SMEs," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 14(1), pages 13-38.
    • Handle: RePEc:ids:ijesbu:v:14:y:2011:i:1:p:13-38
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    Citations

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    Cited by:

    1. Bernard Dussuc & Sébastien Geindre, 2012. "Capital social, théorie des réseaux sociaux et recherche en PME : une revue de la littérature," Post-Print halshs-00747912, HAL.
    2. Milanov, Hana & Justo, Rachida & Bradley, Steven W., 2015. "Making the most of group relationships: The role of gender and boundary effects in microcredit groups," Journal of Business Venturing, Elsevier, vol. 30(6), pages 822-838.
    3. Samuel Adomako & Mai Dong Tran, 2023. "Doing well and being responsible: The impact of corporate social responsibility legitimacy on responsible entrepreneurship," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(4), pages 1794-1804, July.
    4. Saif Siddiqui & Sumaira Jan, 2017. "Developing Entrepreneurial Intensity among Women Entrepreneurs of Jammu & Kashmir: Model Building through Confirmatory Factor Analysis," Vision, , vol. 21(3), pages 295-304, September.

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