Abstract

Women entrepreneurs account for among the fastest growing businesses, according to official statistics. Yet current studies indicate that these women entrepreneurs face greater difficulties in financing than do men entrepreneurs, particularly in terms of access to finances. At the same time, research indicates that enterprises primarily owned by women do not perform as well as those primarily owned by men, in terms of failure rates and financial ratios. Due to panel data constraints, however, no studies have comparatively examined such entrepreneurs’ serial experiences. Whether perseverance translates to financing success and comparative business performance is the focus of this study. This approach also addresses whether similar factors affect the success of both women entrepreneurs and men entrepreneurs over time.

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