Lecture 4 Flashcards
What is the percentage of necessity entrepreneurs in low-income economies? And what the level of necessity entrepreneurs drops when?
35%, as economic development level increases
What did the World Economic Forum find?
That female-led companies have been hit harder during the coronavirus pandemic compared to their male-led counterparts
What are not drivers of the gender financing gap?
- Sector
- Geography
- Amount of intellectual property owned
- Education level
- Entrepreneurial experience
What is the driver for the gender financing gap?
Gender bias in investor decision-making -or a higher perceived risk of investing in female-led startups
Why is ‘adding more women to the committee that decides which startups join the program’ not a solution for the gender financing gap?
Because adding more women does not address the complex issue of gender bias in investment decisions
What could be solutions for the gender financing gap?
- Implicit bias training
- Debt or revenue-share options
- Evaluate start-ups on merit
- Peer-selected investment
- Diverse decision-making committees