Comparing the Quality of Business Proposals of Male and Female Entrepreneurs Asking for Angel Investment

Robert Hanák (), Andrea Zelienková and Magdalena Adamus
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Robert Hanák: Institute of Experimental Psychology, Center of Social and Psychological Sciences (CSPS), Slovak Academy of Sciences, Bratislava, Slovakia
Andrea Zelienková: Institute of Experimental Psychology, Center of Social and Psychological Sciences (CSPS), Slovak Academy of Sciences, Bratislava, Slovakia
Magdalena Adamus: Institute of Experimental Psychology, Center of Social and Psychological Sciences (CSPS), Slovak Academy of Sciences, Bratislava, Slovakia

Chapter 2018-07 in Youth and Women Entrepreneurship in Challenging International (Global) Business Environment. Proceedings of the Ninth International Conference, 11 – 14 June 2018, Lighthouse Golf and SPA Resort, Black Sea, Bulgaria, 2019, pp 144-154 from Bulgarian Association for Management Development and Entrepreneurship

Abstract: Differences in early entrepreneurial activity between men and women can be easily identified by global/national survey results (such as GEM reports). We narrowed our research only for comparison of the content and quality of business proposals. Therefore, we investigated in detail the differences between female and male business proposals, which participants (n = 332 proposals, 24 women) provided, when asking money from Slovak Business Angels Network. We have found no significant differences to the disadvantage of women and finally well-written women’s applications were equally likely to be accepted by investors as those of men. The paper also indicates directions of future research and recommendations.

Keywords: female entrepreneurship; gender differences; business plan; angel investor (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:mdv:cpchap:y:2018:7

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