Which Gender Differences Matter for High Tech Entrepreneurship?
Open Source Business Resource, July 2011
Posted: 13 Mar 2015
Date Written: July 1, 2011
With data from successful founders of high-tech companies, we identify traits common to large majorities of them and any gender differences in those traits. There are few. Further, we identify criteria that might lead to gender imbalance among successful founders by comparing similarities and differences in the gender distribution of these traits among the general population and among successful founders. We find that signature traits of successful founders include: motivation by the desire to build wealth, and not by the inability to find traditional employment, nor because they developed a technology in a lab environment and wanted to see it make an impact; belief that startup success was due to prior industry or work experience, lessons learned from previous successes and failures, the company’s management team, and good fortune, not because of state or regional assistance or alumni networks; access to mentors, and little financial pressure for a steady income. None of these dominant traits appeared to be required unequally of men and women, although some traits were unequally distributed in the general population.
Keywords: technology entrepreneurship, gender
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