Keynote speaker: Sarah Curtis-Fawley, SBE Australia
Topic: Accelerating Opportunity - Towards a supportive entrepreneurial ecosystem for women-led startups
Growing new ventures to a global scale is vitally important for Australia's economy, but both entrepreneurial activity and attitudes lag behind benchmark countries such as the United States and Canada. Australians are about half as likely as Americans to be in the process of starting a business, less likely to know someone who has started a business in the last two years, less likely to identify business opportunities and, when a profitable opportunity is spotted, Australians are less likely to act on it than Americans. This is particularly true for Australian women.
According to data from the Global Entrepreneurship Monitor, currently there is a large gap between female and male engagement in entrepreneurship in Australia. Sarah's research investigated how male and female founders navigate and experience the entrepreneurial ecosystem in order to highlight potential areas of opportunity to support nascent female founders. An extensive literature review on gender and entrepreneurship led to the development of a conceptual model, which posits that men and women develop and claim an ‘entrepreneurial identity’ in disparate ways, which in turn compounds the disadvantages women face in terms of the accrual of social capital.
A less robust entrepreneurial identity and lower social capital has the effect of limiting aspiring and nascent female founders’ access to critical resources, information, and support, which makes their entrepreneurial “process” more challenging than that of men. Sarah will share findings from her research as well as a range of recommendations to cultivate increased female participation in entrepreneurial activity.
How To Amplify the Success of Women Led Ventures
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