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Does gender matter? Evidence from crowdfunding

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  • Elitzur, Ramy
  • Solodoha, Eliran

Abstract

The lack of resources and support for female entrepreneurs and their ventures lowers their chances of success and ultimately leads to the underrepresentation of female led ventures in the economy. Thus, to remedy this problem, it is crucial for female entrepreneurs to attract potential investors. The latter may use in their decision-making process cues such as the number of supporters, which provides social validation of the ventures. To test this, we analyze 2275 reward-based crowdfunding projects to investigate the effects of female entrepreneurs’ presence, and the consequences of social validation (i.e., number of supporters), on their crowdfunding success.

Suggested Citation

  • Elitzur, Ramy & Solodoha, Eliran, 2021. "Does gender matter? Evidence from crowdfunding," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    • Handle: RePEc:eee:jobuve:v:16:y:2021:i:c:s2352673421000469
    DOI: 10.1016/j.jbvi.2021.e00268
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    Cited by:

    1. Lin, Tse-Chun & Pursiainen, Vesa, 2022. "Regional social capital and moral hazard in crowdfunding," Journal of Business Venturing, Elsevier, vol. 37(4).
    2. Solodoha, Eliran & Rosenzweig, Stav & Harel, Shai, 2023. "Incentivizing angels to invest in start-ups: Evidence from a natural experiment," Research Policy, Elsevier, vol. 52(1).
    3. Kincaid, Paula A. & Short, Jeremy C. & Wolfe, Marcus T., 2022. "Got ink, get paid? Exploring the impact of tattoo visibility on crowdfunding performance," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    4. Hassna, Ghazwan, 2022. "Crowdfund smart, not hard – Understanding the role of online funding communities in crowdfunding success," Journal of Business Venturing Insights, Elsevier, vol. 18(C).
    5. Lin, Tse-Chun & Pursiainen, Vesa, 2023. "Gender differences in reward-based crowdfunding," Journal of Financial Intermediation, Elsevier, vol. 53(C).

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