Desperately Seeking Finance? The Demand for Finance by Women Owned and Led Businesses

Claire Leitch, Richard Harrison, Frances Hill

Research output: Contribution to journalArticlepeer-review

54 Citations (Scopus)


The study reported here addresses some issues on gender, entrepreneurship and finance that have been identified as problematic in the literature. For example, much of the research to date is based on the assumption of entrepreneurship as male entrepreneurship; few studies have controlled for structural characteristics that may impact on the relationship between owner gender and a venture's ability to raise finance; and women are less likely than men to seek growth and external financing. Through the conduct of in-depth semi-structured interviews, an attempt has been made to give `voice' to women's intrinsically interesting experiences as the enactment of a situated practice, and not just in comparison with the assumed norm of male entrepreneurial activity. The findings suggest that when variables such as individual and firm characteristics are controlled for, generalizations found in the literature may not be supported. Further, the paper highlights that neither women entrepreneurs nor their businesses are homogeneous in nature and that greater heterogeneity in the study of female entrepreneurship in general, and access to finance in particular, is required.
Original languageEnglish
Pages (from-to)159-182
Number of pages24
JournalVenture Capital An International Journal of Entrepreneurial Finance
Volume8 (2)
Issue number2
Publication statusPublished - Apr 2006

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)


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