Research On Gender Roles Social Capital And Willingness To Choose External Financing Of Female Entrepreneurs

At present,the research literature on women’s financing has analyzed the similarities and differences between different entrepreneurs in terms of gender.Few studies have been conducted from the perspective of gender roles.Physiologicalgender is the inherent characteristic difference of people.Gender roles are divided into categories according to their psychological characteristics,which reflect the individual’s behavior norms that are gradually formed in the process of social life.Do gender roles have an impact on female entrepreneurs to obtain external financing? How do different gender role types influence the acquisition of external financing? These problems are not clear in the present research.Therefore,this paper constructs a theoretical model of gender roles,social capital and external financing of female entrepreneurs,then analyzes the theoretical model and hypothesis by using the questionnaire survey data of 150 female entrepreneurs.The empirical conclusions are as follows:(1)There are different gender role types in female entrepreneurs,including the androgynous individuals,undifferentiated,feminine,and masculine.The proportions were 42%,42%,7.3% and 8.7%respectively.(2)Female entrepreneurs’ gender role types have obvious difference on foreign financing obtained.The influence of Androgyny on foreign financing obtained isstrongerthan that of undifferentiated individual and masculineindividual.The influence of masculine individual and feminine individual is stronger than that of undifferentiated individual.We also found that both male and female temperament have significant positive impact on foreign financing obtained,and the influence of female temperament is higher than that of male temperament;(3)The type of gender roles of female entrepreneurs has significant effect on social capital.The influence of Androgyny on social capital is stronger than that of feminine individual and undifferentiated individual.The influence of masculine and feminine individual is stronger than that of undifferentiated individual.We also found that both male and female temperament have significant positive impact on social capital.The influence of male temperament is higher than that of female temperament;(4)The stronger the social capital,the greater the acquisition of foreign capital of female entrepreneurs;(5)Social capital plays an intermediary role between female entrepreneurs’ gender role types and external financing access,but is not the sole mediator.