The Supporting Effects of Social Peer-group Dynamics
(2024) ENTN19 20241Department of Business Administration
- Abstract (Swedish)
- Business angels play a crucial role in stimulating the growth of early-stage ventures. They are key players in the venture financing market, providing both financial support and experience from their own entrepreneurial experiences. As the entrepreneurial landscape has historically advantaged males, leading to its male-predominance, previous studies raise awareness of how business angels, particularly female business angels, can foster the emergence of female-led ventures, given a bias favoring gender peers and according industries. However, angel investing is still less accessible for females, being detrimental to the actual potential of business angel activity. Therefore, attention was drawn to the significant role of social peer-groups... (More)
- Business angels play a crucial role in stimulating the growth of early-stage ventures. They are key players in the venture financing market, providing both financial support and experience from their own entrepreneurial experiences. As the entrepreneurial landscape has historically advantaged males, leading to its male-predominance, previous studies raise awareness of how business angels, particularly female business angels, can foster the emergence of female-led ventures, given a bias favoring gender peers and according industries. However, angel investing is still less accessible for females, being detrimental to the actual potential of business angel activity. Therefore, attention was drawn to the significant role of social peer-groups for female business angels, as they provide supporting opportunities for their members when investing in female-led early-stage ventures. An abductive approach was applied and semi-structured interviews were conducted with ten investors who are part of female business angel peer-groups to investigate multiple perspectives and provide a nuanced understanding of the opportunities recognized in these social settings. The analysis identified five key dimensions: Organized Exposure, Network Expansion, Emotional Support, Advisory, and Education in Investment. These were seen to reinforce each other, enabling female business angels to excel in their roles as finance providers and venture advisors - overall aiming for a financial return. The findings indicate that female business angel peer-groups are beneficial in bridging the gender disparity among investors and entrepreneurs. However, moving beyond gender segregation, towards more inclusive group settings, promises to offer even greater opportunities for female investors and entrepreneurs. Therefore, future research should focus on exploring mixed-gender peer groups or such that are based on other criteria such as individual preferences or investment attitudes. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9162485
- author
- Björkman, Mika LU and Bohn, Therese Helene Rosa LU
- supervisor
- organization
- alternative title
- Encouraging Female Business Angel Activity to Enhance Capital Supply for Early-stage Ventures
- course
- ENTN19 20241
- year
- 2024
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Entrepreneurship, Female Business Angels, Social Peer-groups, Early-stage Investment, Entrepreneur, Female-led New Ventures & Opportunities
- language
- English
- id
- 9162485
- date added to LUP
- 2024-06-19 17:33:14
- date last changed
- 2024-06-19 17:33:14
@misc{9162485,
abstract = {{Business angels play a crucial role in stimulating the growth of early-stage ventures. They are key players in the venture financing market, providing both financial support and experience from their own entrepreneurial experiences. As the entrepreneurial landscape has historically advantaged males, leading to its male-predominance, previous studies raise awareness of how business angels, particularly female business angels, can foster the emergence of female-led ventures, given a bias favoring gender peers and according industries. However, angel investing is still less accessible for females, being detrimental to the actual potential of business angel activity. Therefore, attention was drawn to the significant role of social peer-groups for female business angels, as they provide supporting opportunities for their members when investing in female-led early-stage ventures. An abductive approach was applied and semi-structured interviews were conducted with ten investors who are part of female business angel peer-groups to investigate multiple perspectives and provide a nuanced understanding of the opportunities recognized in these social settings. The analysis identified five key dimensions: Organized Exposure, Network Expansion, Emotional Support, Advisory, and Education in Investment. These were seen to reinforce each other, enabling female business angels to excel in their roles as finance providers and venture advisors - overall aiming for a financial return. The findings indicate that female business angel peer-groups are beneficial in bridging the gender disparity among investors and entrepreneurs. However, moving beyond gender segregation, towards more inclusive group settings, promises to offer even greater opportunities for female investors and entrepreneurs. Therefore, future research should focus on exploring mixed-gender peer groups or such that are based on other criteria such as individual preferences or investment attitudes.}},
author = {{Björkman, Mika and Bohn, Therese Helene Rosa}},
language = {{eng}},
note = {{Student Paper}},
title = {{The Supporting Effects of Social Peer-group Dynamics}},
year = {{2024}},
}