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Family involvement as a catalyst for female opportunity recognition

Author

Listed:
  • Elmar Lins
  • Eva Lutz

Abstract

Do female and male entrepreneurs recognise and develop business opportunities differently, and is this gender gap in opportunity recognition still prevalent when family members are directly involved in business foundations? We refer to socialisation and human capital theory to examine whether male entrepreneurs are more likely to recognise business opportunities than female entrepreneurs are and how family involvement influences this relationship. Studying 12,009 new ventures founded between 2005 and 2009 in Germany, we find that women are, indeed, less likely to recognise entrepreneurial opportunities. Furthermore, family involvement increases opportunity recognition for both sexes and this effect is significantly stronger for women.

Suggested Citation

  • Elmar Lins & Eva Lutz, 2017. "Family involvement as a catalyst for female opportunity recognition," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 31(2), pages 270-287.
    • Handle: RePEc:ids:ijesbu:v:31:y:2017:i:2:p:270-287
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