TY - JOUR

T1 - Crowdfunding in Italy - an exploration of chances and challenges for women entrepreneurs

AU - Pakura, Stefanie

AU - Raiti, Federica Maria

AU - Meyer, Verena

N1 - Publisher Copyright: Copyright © 2022 Inderscience Enterprises Ltd.

PY - 2022/8

Y1 - 2022/8

N2 - Crowdfunding is supposed to 'democratise' the entrepreneurship funding process, as it provides access for women entrepreneurs and investors to participate. In Italy, the barriers for the participation of women in entrepreneurship, especially with regard to funding, are particularly high. In this challenging context, crowdfunding is a promising alternative, which we explore with a context-specific study from a cultural gendering perspective. Findings reveal that the interviewed crowdfunding experts and women entrepreneurs believe that, in crowdfunding, only the idea and personal commitment count, while gender does not. Interestingly, results illustrate several barriers for women entrepreneurs in practice. Overall, crowdfunding structures in Italy currently reveal gender-based barriers, but have the potential to create a more 'open space' of entrepreneurship in the future. While crowdfunding might not be the allegedly gender-neutral environment that it is often illustrated as, it might open up the path for more women-led businesses to succeed in acquiring financial resources.

AB - Crowdfunding is supposed to 'democratise' the entrepreneurship funding process, as it provides access for women entrepreneurs and investors to participate. In Italy, the barriers for the participation of women in entrepreneurship, especially with regard to funding, are particularly high. In this challenging context, crowdfunding is a promising alternative, which we explore with a context-specific study from a cultural gendering perspective. Findings reveal that the interviewed crowdfunding experts and women entrepreneurs believe that, in crowdfunding, only the idea and personal commitment count, while gender does not. Interestingly, results illustrate several barriers for women entrepreneurs in practice. Overall, crowdfunding structures in Italy currently reveal gender-based barriers, but have the potential to create a more 'open space' of entrepreneurship in the future. While crowdfunding might not be the allegedly gender-neutral environment that it is often illustrated as, it might open up the path for more women-led businesses to succeed in acquiring financial resources.

KW - crowdfunding

KW - cultural gendering

KW - culture

KW - entrepreneurial finance

KW - equity-based crowdfunding

KW - gender

KW - Italy

KW - qualitative study

KW - reward-based crowdfunding

KW - women entrepreneurs

KW - Management studies

UR - http://www.scopus.com/inward/record.url?scp=85137059184&partnerID=8YFLogxK

U2 - 10.1504/IJESB.2022.124791

DO - 10.1504/IJESB.2022.124791

M3 - Journal articles

AN - SCOPUS:85137059184

VL - 46

SP - 483

EP - 504

JO - International Journal of Entrepreneurship and Small Business

JF - International Journal of Entrepreneurship and Small Business

SN - 1476-1297

IS - 4

ER -