Lecture 4 Flashcards

1
Q

What is the percentage of necessity entrepreneurs in low-income economies? And what the level of necessity entrepreneurs drops when?

A

35%, as economic development level increases

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2
Q

What did the World Economic Forum find?

A

That female-led companies have been hit harder during the coronavirus pandemic compared to their male-led counterparts

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3
Q

What are not drivers of the gender financing gap?

A
  • Sector
  • Geography
  • Amount of intellectual property owned
  • Education level
  • Entrepreneurial experience
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4
Q

What is the driver for the gender financing gap?

A

Gender bias in investor decision-making -or a higher perceived risk of investing in female-led startups

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5
Q

Why is ‘adding more women to the committee that decides which startups join the program’ not a solution for the gender financing gap?

A

Because adding more women does not address the complex issue of gender bias in investment decisions

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6
Q

What could be solutions for the gender financing gap?

A
  • Implicit bias training
  • Debt or revenue-share options
  • Evaluate start-ups on merit
  • Peer-selected investment
  • Diverse decision-making committees
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