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Publications (163)
Purpose
For two decades, the Global Entrepreneurship Monitor (GEM) has collected survey and national expert data to better understand entrepreneurial activity and the country context within which this occurs. In this paper, we re-envision GEM’s country groupings, positing a novel approach to more fully understanding the nuances of entrepreneurial a...
Purpose
Despite the considerable increase in research on entrepreneurship education, few studies examine the role of entrepreneurship educators. Similarly, most frameworks from entrepreneurship education recognize the educator’s importance in facilitating instruction and assessment, but the factors influencing the educator role are not well underst...
Le présent rapport a pour objectif de diffuser des connaissances et des outils qui feront progresser l’éducation et la formation en entrepreneuriat de la population étudiante et entrepreneuriale issue de la diversité, y compris de
groupes sous-représentés et marginalisés.
To inform practice, this report showcases the Gender-Smart Entrepreneurship Education and Training Plus (GEET+)2.0 Scorecard©. The refined and validated GEET+ framework and assessment criteria incorporate insights of a Delphi
Expert Panel study. The study included feedback from 61 participants in 19 countries.
GEET+ Scorecard© 2.0 can support educ...
technical assistance to construct the project website and online resources. Puck Wang and Kiumars Shojaei managed front and back-end web development, including design and construction of the interactive GEET+ Scorecard© 2.0. Jenna Richards spearheaded the design and fieldwork of the case studies that document applications of GEET+ among program man...
This study revisits the female underperformance hypothesis by investigating the influence of CEO gender on key performance factors for VC funded firms from 2011–2016. We used a matched case-control sample approach to reduce the confounding influence of industry sector on gender differences for four key performance outcomes – total capital, raised t...
Purpose
Research on financing for entrepreneurship has consolidated over the last decade. However, one question remains unanswered: how does the combination of external finance, such as equity and debt capital, and internal finance, such as working capital, affect the likelihood of grant funding over time? The purpose of this study is to analyse th...
Entrepreneurship and innovation are social and relational processes that occur in diverse contexts involving multiple stakeholders. Recently, research in entrepreneurship has begun to explore entrepreneurial processes through the lens of gender. However, unlike its entrepreneurship counterpart, innovation research has paid limited attention to gend...
Analyses of the diversity of women entrepreneurs and their enterprises, using novel approaches and theoretical viewpoints, is lacking in contemporary scholarship. Accordingly, this article reviews and critiques five articles that constitute this Special Issue (SI) focused on exploring the diversity of women’s entrepreneurship. The authors acknowled...
Anchored in signaling theory, we use a configurational approach to examine how new ventures credibly communicate their underlying firm quality, using a unique dataset of 117 new ventures that sought investment from a prominent angel group located in the Northeastern United States. Unlike existing research, which employs econometric models to reflec...
COVID-19 is unique in the severity of its impact as it is a humanitarian disaster that has caused both a supply and a demand shock to the global economic system. It has disproportionately affected women entrepreneurs as their firms are younger and smaller. In this commentary, we contend that while all businesses must pivot their business models in...
Purpose
The purpose of this paper is to provide a brief history of the evolution of the Diana Project and the Diana International Research Conference. The authors examine the impact of the publications, conferences and research contributions and consider key factors in the success of this collaborative research organization. They discuss the ongoin...
Purpose
The purpose of this paper is to revisit the conceptualization and measurement of entrepreneurial intentions. Significant studies anchored in the Theory of Planned Behavior use causal statistical approaches to entrepreneurial intentions. This methodological approach, leads to the conclusion that there is a single pathway for all groups of pe...
High‐growth firms, often referred to as “gazelles,” are equated with entrepreneurial success and celebrated as the key to growing economies, and women’s entrepreneurship is a vehicle of economic and social development. This special issue publishes papers that address the general lack of research on high‐growth women’s entrepreneurship. In this intr...
Even though scholars have amassed a large body of research on angel investors, few systematic and comprehensive reviews are available. The purpose of this monograph is to review this literature and then to offer suggestions for future investigation. To that end, we compiled a set of journal articles on angel investing. We start with Wetzel's (1983)...
The growing rate of ventures being started by women and the increased proportion of the small business population accounted for by women are highlighted. Questions are raised as to why this growth has not been accompanied by a parallel increase in scholarly work on women entrepreneurs. Some of th key findings regarding women as entrepreneurs are su...
Entrepreneurship has been associated with economic development and job creation. While most of this body of research is silent on issues of gender, race and ethnic background, recently, a growing body of entrepreneurship research has focused on minority entrepreneurs – female, non-white, or non-U.S. country of origin entrepreneurs. To date, there h...
Women are one of the fastest-growing populations of entrepreneurs worldwide and make a significant contribution to employment, innovation and economic growth in all economies (Kelley et al., 2011). The Global Entrepreneurship Monitor (GEM) shows that 126 million women in 67 economies started and managed businesses in 2012, representing more than 52...
This chapter explores the concept of an entrepreneurship education ecosystem. The concept of ecosystem comes from the natural sciences, but is increasingly applied to regional development, or clusters, which focus on firm inter-organizational relationships. Building on the idea of the university is a key player in a local entrepreneurship ecosystem...
Teaching Entrepreneurship moves entrepreneurship education from the traditional process view to a practice-based approach and advocates teaching entrepreneurship using a portfolio of practices, which includes play, empathy, creation, experimentation, and reflection. Together these practices help students develop the competency to think and act entr...
Angel financing is one of the most important but least well understood sources of early stage financing. Using signaling theory, we examine the entrepreneur – angel investor communication dyad, specifically examining the signals sent by the entrepreneur and those received by the angel investor. Drawing on a unique dataset of 170 presentation summar...
Recent research about women entrepreneurs isreviewed, key research questions are identified, and databases are evaluatedthat may facilitate exploration of these issues. Much of the currentliterature focuses on individual women business owners, and the theories mostoften applied to women entrepreneurs are psychological or trait-based. There are, how...
This study examines how small-business owners'/managers' perceptions about their banking relationships are influenced by the gender of both the small-business owner/manager and the bank manager. This study draws from social network theory and status expectations state theory to test how gender influences key perceptions about the bank–firm relation...
This paper has three overarching objectives. The first is to document the development of the body of work known as women's entrepreneurship research. The second is to assess the contributions of this work, specifically vis-à-vis the broader entrepreneurship literature. The third is to discuss how this broader literature poses challenges (both diffi...
This paper has three overarching objectives. The first is to document the development of the body of work known as women's entrepreneurship research. The second is to assess the contributions of this work, specifically vis-à-vis the broader entrepreneurship literature. The third is to discuss how this broader literature poses challenges (both diffi...
Purpose
The purpose of this short report is to provide a summary of the inaugural webinar session of the Women's Enterprise Committee (WEC), International Council for Small Business (ICSB).
Design/methodology/approach
In a live webinar from Babson College, Professors Brush, Duffy and Kelley discussed key findings from the Global Entrepreneurship M...
The dramatic expansion of scholarly interest and activity in the field of women's entrepreneurship within recent years has done much to correct the historical inattention paid to female entrepreneurs and their initiatives. Yet, as the field continues to develop and mature, there are increasingly strong calls for scholars to take their research in n...
Drawing on literature from organizational behavior, strategic change and management of technology, we examine the new ventures’ readiness for funding by angel investors, using a dataset of 332 firms that sought investment from a prominent angel group located outside of Boston, MA during 2007–2008. Findings suggest that perceptions of venture readin...
Purpose
To date, comparisons of performance in male and female businesses show contradictory results, although the majority of evidence is drawn from Anglo‐Saxon countries. This study aims to explore the effects of gender on business performance in a sample of Spanish firms.
Design/methodology/approach
This paper extends previous work with a quant...
Women are the majority owners of 30% (6.7 million) of all privately held firms in the US. The vast majority of these firms, however, are smaller than average with only 16% achieving annual revenues of more than $500,000. This suggests that women may have different expectations for the growth of their ventures than men. Using the US Panel Study of E...
The formation of a new venture requires crucial choices that impact the future success of the firm. An important initial decision is whether or not to start the new venture from home or from a separate location. In this paper, we examine the impact of firm-location decisions on the resource assembly process. Resource assembly is the first step take...
This paper develops an organizational identity-based rationale for why family firms strive for nonfinancial goals. We show that the visibility of the family in the firm, the transgenerational sustainability intentions of the family, and the capability of the firm for self-enhancement of the family positively influence the importance of identity fit...
Firm growth is widely considered to be a measure of success for entrepreneurial businesses. Data indicate that there are systematic differences between minority and nonminority-owned firms with respect to growth. Black entrepreneurs are 50 percent more likely to engage in start-up activities than white entrepreneurs, however, black-owned firms are...
Theory predicting differences between male and female entrepreneurs is under-developed. Most theory is gender neutral. However, recent research suggests women’s socialization leads them to perceive opportunity differently (DeTienne & Chandler, 2007), their social roles/place might exclude them from social networks creating information asymmetries (...
The contributors to this book provide a cross-national comparison of venture emergence, newness and growth. Their chapters examine the influences of cultural, social and economic factors on venture development, compare the approaches of entrepreneurs who move from idea to emerging organization, and investigate acquisition and development of resourc...
Women's entrepreneurship research and the understanding of factors influencing the growth of women-owned business have advanced significantly over the last decade. Yet, challenges remain. Women Entrepreneurs and the Global Environment for Growth provides wide-ranging insights on the challenges that women entrepreneurs face growing their businesses...
Studies female entrepreneurs in order to identify obstacles that women face in business and to explore means of improvement. Though the number of self-employed women has been increasing dramatically - from 1.7 million in 1977 to 2.3 million in 1982 - the vast majority of studies of entrepreneurs are still narrowly focused on non-minority men. In an...
Business growth is considered a worthy goal for firms and a measure of entrepreneurial success, as well as important for economic development. Why some firms grow and others do not, though, remains a subject of debate. Of the small proportion of firms that do grow, it is often assumed that they follow a similar growth trajectory and/or encounter ce...
Purpose
The purpose of this paper is to offer a new gender‐aware framework to provide a springboard for furthering a holistic understanding of women's entrepreneurship.
Design/methodology/approach
The paper builds on an existing framework articulating the “3Ms” (markets, money and management) required for entrepreneurs to launch and grow ventures....
The landscape of social entrepreneurship includes social purpose ventures and enterprising nonprofits. Regardless of profit orientation, social entrepreneurs identify opportunities to solve social problems: both people and planet problems. Never before have entrepreneurs-social entrepreneurs-served so strongly as revolutionaries and visionaries, wi...
This article discusses the questions and issues that prompted the founding of the Diana Project, a multi-university research
program aimed at identifying factors that support and enable high growth in women-led ventures. Despite the fact that women
business owners comprise a significant portion of the economy, women face challenges in acquiring the...
The process of new venture creation is of central importance to entrepreneurship. The effects of initial organizing have a
direct effect on survival, yet empirical examination of the dimensions of emerging organizations is limited. Using longitudinal
data on 203 nascent entrepreneurs from Norway over the course of four years (1996–1999), this paper...
This paper aims to contribute to the growing body of evidence by focusing on the specifics of fast-growth firms within a time period. The literature on firm growth is not new (Penrose, 1959; Boswell, 1972), spans a wide disciplinary base (e.g. Evans 1987; Starbuck, 1965) but remains unsatisfactory in terms of detailed empirical evidence and levels...
This report from the Diana Project explores the extent of equity investments in women-owned businesses. Surveyed were 1,700 applicants to the 2000 Springboard forums to examine the current state of venture capital for women entrepreneurs interested in, and capable of, high growth venturing, in hopes of debunking myths about women and venture capita...
The process of new venture creation is central to the field of entrepreneurship. The effects of initial organizing have a direct influence on survival, yet empirical examination of the dimensions of emergent organizations is limited. Using longitudinal data on nascent entrepreneurs, this paper empirically tests four properties of emerging organizat...
Women are the majority owners in 30% of all privately held firms in the United States. These firms have $2.5 trillion in revenues and employ 19.1 million individuals. However, despite the large number of women business owners, little is known about the motivations that women have for starting their own firms.
This study uses an expectancy theory fr...
