Authors: Anne De Bruin, Susan Flint-Hartle
Addresses: Department of Commerce, Massey University, Private Bag 102 904, North Shore Mail Centre, Auckland, New Zealand. ' Department of Commerce, Massey University, Private Bag 102 904, North Shore Mail Centre, Auckland, New Zealand
Abstract: It is believed that women are more likely to use personal savings and other types of internal funding for business growth in preference to external financing options. The nature of, reasons for, and implications of this lesser reliance of women on external finance is an important key to understanding women|s entrepreneurial activity and growth strategies. This paper examines this topic, exploring New Zealand|s private equity capital market from a composite perspective investigating both supply and demand side issues. A mainly qualitative approach is used to gather data from the formal venture capital and informal equity sectors and women entrepreneurs.
Keywords: business angels; business growth; New Zealand; venture capital; women entrepreneurs; private equity capital; female entrepreneurial activity; personal savings; internal funding; informal equity.
International Journal of Entrepreneurship and Small Business, 2007 Vol.4 No.5, pp.620 - 635
Published online: 04 Jul 2007 *Full-text access for editors Access for subscribers Purchase this article Comment on this article