The Gender Gap in Venture Capital Funding: A Case of Denmark
(2022) ENTN19 20221Department of Business Administration
- Abstract (Swedish)
- A crucial yet unanswered question in the entrepreneurial domain is why men tend to receive more venture capital funding than women. As venture capitalists act as critical gatekeepers who ultimately decide whose ideas, innovations, and products will get a fair chance (Chilazi, 2019), female entrepreneurs have a lower chance of succeeding with their high-growth ventures. This research aims to further investigate the underlying mechanisms that explain the relationship between female entrepreneurs and the Danish venture capital industry. Building upon the conceptual framework of Brush et al. (2018), we identified three theoretical perspectives (i.e., gender stereotypes and homophily, social networking, and structural barriers) as relevant... (More)
- A crucial yet unanswered question in the entrepreneurial domain is why men tend to receive more venture capital funding than women. As venture capitalists act as critical gatekeepers who ultimately decide whose ideas, innovations, and products will get a fair chance (Chilazi, 2019), female entrepreneurs have a lower chance of succeeding with their high-growth ventures. This research aims to further investigate the underlying mechanisms that explain the relationship between female entrepreneurs and the Danish venture capital industry. Building upon the conceptual framework of Brush et al. (2018), we identified three theoretical perspectives (i.e., gender stereotypes and homophily, social networking, and structural barriers) as relevant mechanisms to explain why female founders in Denmark receive such little VC funding compared to male founders. Based on a qualitative analysis of the perspective of the female founder and venture capitalist within the Danish entrepreneurial ecosystem, it can be concluded that the underlying mechanisms of gender stereotypes and homophily, social networking, and structural barriers are important factors to consider. The results of our empirical findings suggest that the Danish VC landscape is gender skewed but the subject of matter is complex, and it is hard to pinpoint where in the process and why women have difficulty accessing funding. To get better insights into the Danish ecosystem, we propose future research to include a cross-country comparative analysis to understand why the gender gap is smaller in a more developed VC ecosystem. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9085977
- author
- Uttrup Krage, Ida LU and van der Vlugt, Teddy Anne Jet LU
- supervisor
- organization
- alternative title
- The Gender Gap in Venture Capital Funding: A Case of Denmark
- course
- ENTN19 20221
- year
- 2022
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Venture capital, VC, gender gap, venture capital funding, Denmark, gender disparities in VC funding
- language
- English
- id
- 9085977
- date added to LUP
- 2022-07-08 16:48:31
- date last changed
- 2022-07-08 16:48:31
@misc{9085977,
abstract = {{A crucial yet unanswered question in the entrepreneurial domain is why men tend to receive more venture capital funding than women. As venture capitalists act as critical gatekeepers who ultimately decide whose ideas, innovations, and products will get a fair chance (Chilazi, 2019), female entrepreneurs have a lower chance of succeeding with their high-growth ventures. This research aims to further investigate the underlying mechanisms that explain the relationship between female entrepreneurs and the Danish venture capital industry. Building upon the conceptual framework of Brush et al. (2018), we identified three theoretical perspectives (i.e., gender stereotypes and homophily, social networking, and structural barriers) as relevant mechanisms to explain why female founders in Denmark receive such little VC funding compared to male founders. Based on a qualitative analysis of the perspective of the female founder and venture capitalist within the Danish entrepreneurial ecosystem, it can be concluded that the underlying mechanisms of gender stereotypes and homophily, social networking, and structural barriers are important factors to consider. The results of our empirical findings suggest that the Danish VC landscape is gender skewed but the subject of matter is complex, and it is hard to pinpoint where in the process and why women have difficulty accessing funding. To get better insights into the Danish ecosystem, we propose future research to include a cross-country comparative analysis to understand why the gender gap is smaller in a more developed VC ecosystem.}},
author = {{Uttrup Krage, Ida and van der Vlugt, Teddy Anne Jet}},
language = {{eng}},
note = {{Student Paper}},
title = {{The Gender Gap in Venture Capital Funding: A Case of Denmark}},
year = {{2022}},
}