Elisabet Ljunggren

New Venture Financing and Subsequent Business Growth in Men- and Women-Led Businesses

This study investigates the possible funding gap for women–owned compared with men–owned new businesses. With longitudinal data from new businesses in Norway, gender differences in funding perceptions and behaviors, as well as in actually obtained amounts of funding, are explored. While there are few detected gender differences with respect to funding perceptions and behavior, women obtain significantly less financial capital to develop their new businesses. Moreover, the results indicate that the lower levels of financial capital that women business founders achieve are associated with lower early business growth compared with their male counterparts.

Farm‐based entrepreneurs: what triggers the start‐up of new business activities?

This exploratory study combines three theoretical approaches to investigate why farmers start additional business activities: the rural sociology perspective, the opportunity perspective and the resource‐based perspective – as applied within entrepreneurship research. Building on in‐depth interviews of respondents from Norwegian farm households, three types of entrepreneurs were identified: the pluriactive farmer, the resource exploiting entrepreneur and the portfolio entrepreneur. These entrepreneurial types differed in regard to their basic motivation and objectives for start‐up, the source of their business ideas, the basis of competitive position and the connectivity between the new business and the farm, as well as in several other ways.

New business formation: does gender make a difference?

Despite an increasing trend in the number of females who start businesses in Western countries, the proportion of female compared to male entrepreneurs is still relatively low. Moreover, past research has found that females tend to start businesses with less potential for profitability and growth than men. Investigates gender differences among Norwegian entrepreneurs in the process of starting a new business. Tests the following three hypotheses: H1 ‐ during the business gestation process female entrepreneurs stress personal expectancies while male entrepreneurs stress economic expectancies; H2 ‐ during the business gestation process women perceive stronger social support than men do, and women put more emphasis on such support than men do; H3 ‐ female entrepreneurs perceive having less control and lower entrepreneurial abilities than their male counterparts. In support of H1 and H2, females were found to emphasize independence as a reason for start‐up, and to perceive a high degree of social support during the business gestation process. However, contrary to H3, females were found to perceive themselves as possessing higher entrepreneurial abilities than men.

Gender and innovation: state of the art and a research agenda

Purpose – The purpose of this article is to present a framework for research on gender and innovation. The framework is developed based on a review of the current literature in the area; it is applied to provide a context for the articles in this special issue and to offer suggestions for future research. Design/methodology/approach – The article relies on a literature review of gender and innovation. Additional literature searches on Scopus were conducted to provide an overview of the area. In addition, comparative analogies are sought from research fields of gender and entrepreneurship as well as gender and technology. Findings – The article presents the scope and issues in the current research on gender and innovation. Based on the overview, research in this area is conducted in various disciplines applying a variety of methodological approaches. In order to make sense of the current research, the paper developed a framework consisting of various approaches to, gender and innovation; these include gend...

The handbook of research on entrepreneurship in agriculture and rural development.

The agriculture sector around the world has experienced profound changes in recent years. This unique and path-breaking Handbook draws together the best current research in the area of entrepreneurship in agriculture, food production and rural development.

Kinship and business: how entrepreneurial households facilitate business growth

Building on studies that have stressed the importance of context and the role of the family in business growth, this study explores the role of the entrepreneurial household in the process of business development and growth. We seek to understand how household strategy influences the development of new businesses, the ways in which household characteristics and dynamics influence business growth strategy decisions and how business portfolios are managed and developed by the household. To examine these questions, comparative case studies were undertaken drawing data from four entrepreneurial households located in remote rural regions of Norway and Scotland. The data reveal the role of the entrepreneurial household in the evolution of business creation and growth, examining the processual aspects of entrepreneurial growth, the interactions between business activities and entrepreneurial households and how business portfolios are developed in practice. Three analytical themes emerged from the analyses: the tightly interwoven connections between the business and the household, the use of family and kinship relations as a business resource base and how households mitigate risk and uncertainty through self-imposed growth controls. Although previous studies have viewed entrepreneurial growth largely as an outcome of personal ambition and business strategy, these results reveal the importance of the entrepreneurial household and the household strategy in determining business growth activities.

Stakeholder theory approach to technology incubators

Purpose – Using stakeholder theory the paper seeks to investigate how technology incubators manage and balance the expectations of stakeholders, and the effect on the shaping of technology incubators and their chances of success.Design/methodology/approach – Incubator programmes have been introduced with multiple goals. A case study is conducted in order to examine stakeholders based on their power to influence, the legitimacy of the relationship and the urgency of claim, and how incubators deal with stakeholder expectations.Findings – Incubator management involves balancing a complex set of conflicting goals. Expectations are interdependent, hierarchically organised, and involve sub‐processes related to different stakeholders. Goals are not fitted to an operational context. Consequently, suboptimal solutions are chosen to balance and fulfil expectations sufficiently to ensure survival. Three strategies to balance stakeholder expectations are identified.Research limitations/implications – The stakeholder ...

Introduction : researching entrepreneurship in agriculture and rural development

This introduction of The handbook of research on entrepreneurship in agriculture and rural development to looks at entrepreneurship in agriculture and rural development.

The role of gender in entrepreneur-investor relationships : A signaling theory approach

This study adopts a gender perspective to analyze funding decisions made by an investment fund that invests equity stakes in new ventures. Prior research has indicated that there is gender skewness in risk capital investments resulting from a combination of demand‐ and supply‐side issues. We apply signaling theory to examine the interface between demand and supply to understand gender biases related to risk capital investments. In‐depth analyses of decision documents from four investment cases show that gender plays a role in the signals that are communicated in the prefunding entrepreneur–investor relationship.

Introducing Gender in a Policy Programme: A Multilevel Analysis of an Innovation Policy Programme

What happens when a gender requirement is introduced into a Norwegian innovation policy programme? We apply a critical theoretical and methodological approach using the concept of articulation to analyse how meanings of gender are constructed, and how power struggles are part of it. Taking a multilevel approach and using multiple data sources, we examine articulations at the national, regional, and project levels. We find that gender articulations are in line with hegemonic conceptualisations of gender as a variable and as a nonissue to innovation but also detect attempts to challenge the dominant understanding of gender. Demands ‘from above’ have an effect at all levels as the threat of negative reactions encourages a certain self-disciplining, but the demands do not ensure an integration of a gender perspective in the policy programme. We suggest that, when seeking to integrate gender perspectives in policy programmes, the rationale needs to be clear and understood at all programme levels.