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来源类型Working Paper
规范类型报告
DOI10.3386/w26449
来源IDWorking Paper 26449
Networking Frictions in Venture Capital, and the Gender Gap in Entrepreneurship
Sabrina T. Howell; Ramana Nanda
发表日期2019-11-11
出版年2019
语种英语
摘要Exploiting random variation in the number of venture capitalist (VC) judges assigned to panels at Harvard Business School’s New Venture Competition (NVC) between 2000 and 2015, we find that exposure to more VC judges increases male participants’ chances of founding a VC-backed startup after HBS much more than this exposure increases female participants’ chances. A survey suggests this is in part because male participants more often proactively reach out to VC judges after the NVC. Our results suggest that networking frictions are an important reason men benefit more than women from exposure to VCs. Such frictions can help explain part of the gender gap in entrepreneurship, and also have implications for how to design networking opportunities to facilitate financing of the best (rather than just the best networked) ideas.
主题Microeconomics ; Economics of Information ; Financial Economics ; Financial Institutions ; Labor Economics ; Demography and Aging ; Industrial Organization ; Firm Behavior
URLhttps://www.nber.org/papers/w26449
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/584120
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Sabrina T. Howell,Ramana Nanda. Networking Frictions in Venture Capital, and the Gender Gap in Entrepreneurship. 2019.
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