Abstract

The present empirical study explores the effects of gender role and cultural identity (masculinity and femininity) in mens’ and womens’ business growth intentions in established firms. A questionnaire survey was completed by 572 business owners (286 females). Results from moderated mediation regression analyses found that masculinity and femininity fully mediated the effects of entrepreneurs’ sex on business growth intentions. Females who had higher femininity orientation and independent self-construal reported lower growth intention compared to those with lower independent self-construal. The study extends theoretical and empirical research on the effects of identity on business growth intentions while applications of the results are discussed.

Highlights

  • The development and growth of existing business is a process with many societal benefits including job and wealth creation and the advancement of innovation (Tang & Koveos, 2004; Van Praag & Versloot, 2007)

  • We propose that entrepreneurs’ gender identity or the extent to which entrepreneurs possess traits associated with traditional gender stereotypes (Bem’s Sex Role Inventory, 1981; Mueller, 2004; Wood & Eagly, 2010) is an important cognitive mechanism that relates entrepreneurs’ sex to business growth intentions

  • We focused on a specific aspect of firm growth—the intention of the entrepreneur—and whether and how biological sex, gender identity, and independent self-construal affect growth intentions

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Summary

Introduction

The development and growth of existing business is a process with many societal benefits including job and wealth creation and the advancement of innovation (Tang & Koveos, 2004; Van Praag & Versloot, 2007). While some entrepreneurs are pleased to be self-employed in a small scale, others have growth aspirations for their ventures (Shane, 2009). Much of that research has investigated differences in the levels of start-up activity between men and women (see Jennings & Brush, 2013). Little research has examined the growth aspirations of ventures led by women. Female entrepreneurs tend to pursue noneconomic goals such as balancing work and family roles and have preferences for employee relationship and society satisfiers which in turn may detract from economic performance or growth (Eddleston & Powell, 2008; Jennings & Brush, 2013)

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