ADM 2313 Lecture Notes - Lecture 4: Anita Roddick, Angel Investor, Social Capital

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> women may be motivated by di erent factors than those of men: independence, greater. > ethnic minority groups may not have the motivations associated with role-model" entrepreneurs. > ethnic minorities--motivations have changed across di erent generations: 1st generation--negative motives, 2nd generation-positive motives, 3rd generation-do not see themselves as ethnic minorities, role of family support/social capital. > female-owned businesses similar to those of men (carter, 2000) > women more likely to have close family in the business. > women more likely to be highly educated stronger human capital. > women-owned businesses more likely in services and retailing. > women-owned businesses more likely to be under-capitalised (lower nancial capital) > this can restrict entrepreneurial growth and development. > however, women may prefer less entrepreneurial growth and more exibility. > some evidence that women are less con dent than men, do more self-screening and place higher requirements on themselves (see case example on georgia train)

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