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Three techniques policymakers, financiers, and other stakeholders can mitigate gender bias in entrepreneurial funding.
April 12, 2024
Illustration by Virginia Gabrielli
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A international evaluation of old research over the closing three a long time shows that females entrepreneurs face the next rate of business loan denials and increased interest charges in loan choices made by industrial bankers. Interestingly, the information also shows that the formal and informal standing of females in a issue society can present clues to some of the right hurdles to obvious replace. This article evaluations these hurdles, and affords three ideas for replace.
Gender disparities persist in entrepreneurship and statistics indicate the severity of the recount. Globally, simplest one in three businesses is owned by females. In 2019, the fragment of startups with as a minimum one female founding member used to be a mere 20%.
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Malin Malmström is a professor of entrepreneurship and innovation at Luleå University of Know-how, and a director of the research heart Sustainable Finance Lab in Sweden.
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Barbara Burkhard is a postdoctoral researcher of entrepreneurship at the Institute of Responsible Innovation at the University of St.Gallen.
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Charlotta Sirén is an partner professor of administration at the Institute of Responsible Innovation at the University of St.Gallen.
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Dean Shepherd is a professor of entrepreneurship, administration, and group at The Mendoza Faculty of Business, University of Notre Dame.
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Joakim Wincent is a professor of entrepreneurship and administration at the Hanken Faculty of Economics and the International Heart for Entrepreneurship and Innovation at the University of St.Gallen.
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