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

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

Author

Listed:
  • 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)

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.

Suggested Citation

  • Robert Hanák & Andrea Zelienková & Magdalena Adamus, 2019. "Comparing the Quality of Business Proposals of Male and Female Entrepreneurs Asking for Angel Investment," Conference Proceedings Chapters, in: Kiril Todorov & Jan Degadt (ed.), Youth and Women Entrepreneurship in Challenging International (Global) Business Environment. Proceedings of the Ninth International Conference, 11 – 1, edition 1, chapter 127, pages 144-154, Bulgarian Association for Management Development and Entrepreneurship.
    • Handle: RePEc:mdv:cpchap:y:2018:7
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