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1 Entrepreneurial Careers of Women
Pages 1-4

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From page 1...
... 1 and noted that a relatively small number of studies have specifically examined the experience of women in high-tech entrepreneurship.2 The Kauffman Foundation study shows that among all surveyed startup firms, only 15 percent of those in the biotechnology and hightechnology sectors reported having a female primary owner as compared to 30 percent femaleowned startup firms in all other sectors. In the initial start-up year, among the high-tech start-ups examined, 20 percent of male-owned firms reported obtaining formal equity (primarily venture capital or angel funding)
From page 2...
... Sims4 found that women had difficulty gaining senior management experience that would make them attractive to external capital providers, should they start their own companies. Reedy considered the pervasive culture in such enterprises as a plausible reason for this gap, where issues such as work-life balance and familyfriendly policies affect gender equity.
From page 3...
... In addition, Reedy discussed the age at which entrepreneurs usually start their businesses. One of the common misconceptions about entrepreneurs is that these individuals are age 25 to 30.7 In fact, it is more common for those in their late 30s and early 40s to start companies because at that age people have considerable industry experience and starting a business is a strategic part of their overall career goals.


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