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YES, women entrepreneurs are disadvantaged and need (or want) additional institutional support

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YES, women entrepreneurs are disadvantaged and need (or want) additional institutional support

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According to some investigations, it can be prove that worldwide women trend to take less risk in business and taken the role as entrepreneurs (Singer et al. 2014:46).

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This debate was very very very very very very very very very very very very very very very very very very very very very very very very very very very very very very very interesting

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women can use their beauty as a weapon. a pretty girl always has good opportunity than men.ps: support by personal experience.

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Woman are most likely to get funded by third parties according to statistical facts where men are getting less funds

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1.In Asia, Percentage of population involved in business start-ups in Asia in 2018, by country and gender shows the percentage of male and female are similar in each recent years even in Indonesia the percentage of women entrepreneurs had already more than male.

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1.In Asia, Percentage of population involved in business start-ups in Asia in 2018, by country and gender shows the percentage of male and female are similar in each recent years even in Indonesia the percentage of women entrepreneurs had already more than male.

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1.     Despite growing evidence of the positive outcomes of young women’s economic empowerment, young women continue to experience unequal access to education and skills development and face barriers to securing decent employment and opportunities to thrive as entrepreneurs. Young women’s access to resources, including land and loans, may be restricted by discriminatory laws, and young women continue to shoulder an unequal share of unpaid care work, due to the persistence of traditional gender roles. (UN women)

1.    Rural areas tend to be more traditional in regard to the gender issue. In rural areas, the gender issue is usually a much stronger hindering factor to potential female entrepreneurs than it is in urban areas, their self-esteem and managerial skills being lower when compared to urban women and access to external financial resources more difficult than in urban areas. Therefore, special programmes of assistance (technical and financial) to overcome these constraints should be developed and designed to meet the needs of rural women in order to be able to take an active part in entrepreneurial restructuring of their communities, to start to develop their own ventures, to expand their already existing businesses, or to function as social entrepreneurs since their number today is still below the potential one.

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Women entrepreneurs are disadvantages and NEED/WANT additional support. 

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Women entrepreneurs are disadvantages and NEED/WANT additional support. 

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According to the Global Entrepreneurship Monitor (GEM) Women’s Special Report (2015), overall Total Early Stage Entrepreneurship Activity (TEA) rates have risen by 7 per cent since 2012 . Despite the recent positive trend in the number and size of women-led businesses, the relevance of female entrepreneurship for theoretical advancement and management practice has not yet received adequate scholarly attention(Ahl, 2006; Brush et al., 2010; De Bruin et al., 2006; Jennings and Brush, 2013; Minniti and Naudé, 2010). There are numerous organizations and institution that claim they are for equality however, not a lot of institutions nor organizations actually implement the process of providing support.

One of the most important obstacles to women’s entrepreneurial activity involves the taken-for-granted beliefs concerning gender roles and stereotyping embeddedeg: in Japanese society (Welsh et al., 2014). Japan’s male-dominated culture influences women to make commitments to family responsibilities and household arrangements (Futagami and Helms, 2009). The additional institution support needed for preventing this would be education. Providing equal educational and working opportunities for women.

Female entrepreneurs need to receive support such as legal and social legitimacy, in order to overcome the uncertainties and risks involved in running and growing their business operations (Suchman, 1995) and, in turn, become highly self-efficacious.It is essential for female entrepreneurs to gain institutional approval of their entrepreneurship in a local society or community because social legitimacy facilitates the allocation of resources and mitigates the liabilities of inexperience to promote better venture performance.

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VC’s ask different questions to male and female entrepreneurs

·      Male: Focus more on hopes, achievements, advancement, and ideals. (Promotion Orientation)

o   67% of questions were promotion orientation

o   $16.8M on average raised when asked promotion orientation questions (7 time more than the latter).

·      Female: Focus more on safety, responsibility, security, and vigilance. (Prevention Orientation)

o   66% of questions were prevention orientation

o   $2.3M on average raised when asked prevention orientation questions.

Harvard Business Review (Kanze, 2017)

In the U.S., only 13% of venture capital goes to women-led enterprises

Deloitte (2015)

Venture capitalists are predominantly white men and consequently fund companies started by men. Unlike men, there are not many women-led venture capitalist firms.

Huffington Post / HuffPost (O’Kelly, 2017)

Erin McKelvey changed her name to “Mack” in resumes and got a 70% response rate compared to none with Erin McKelvey

Fortune (Cohn, 2016)

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Very engaging debate

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YES, women entrepreneurs are disadvantaged and need (or want) additional institutional support

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YES, women entrepreneurs are disadvantaged and need (or want) additional institutional support

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According to Forbes, a study produce by Dr. Kathy Caprino, comparing how a stress situation can affect men and women in a different way, prove that in  decision-making men trend more to take risks and be more aggressive in decision-making, and that women are more affect by stress and trend to have less control of the decision, for the fact of no feel enough confident to take risks.

In addition, according to this I think that women are a disadvantaged and need additional support, to help them in the control in decision-making, to improve their manage under high pressure situations, and in this way help women to be more focused in their roll as entrepreneurs.