We explore the link between women in business decision-making roles, regional gender equality in the workforce and start-up sustainability. We employ unique administrative data on innovative start-ups in Italy and implement a novel crawler-based semantic search of start-ups’ websites to identify ‘green’ firms. Our findings on high-tech innovative start-ups confirm established evidence in the female entrepreneurship literature: greater shares of women in decision-making roles increase the probability of a social focus but decrease the likelihood of science, technology, engineering and mathematics (STEM)-intensive green energy objectives. Instead, the board gender composition does not correlate with non-energy ‘green’ objectives. Non-energy ‘green’ firms emerge more in gender-equal regions, while social start-ups develop where women have fewer employment opportunities.

Women in innovative start-ups and regional inclusiveness: ‘green’ and socially-responsible companies / Colombelli, Alessandra; D’Ambrosio, Anna; Ravetti, Chiara. - In: REGIONAL STUDIES. - ISSN 0034-3404. - (2024), pp. 1-14. [10.1080/00343404.2024.2340999]

Women in innovative start-ups and regional inclusiveness: ‘green’ and socially-responsible companies

Alessandra Colombelli;Anna D’Ambrosio;Chiara Ravetti
2024

Abstract

We explore the link between women in business decision-making roles, regional gender equality in the workforce and start-up sustainability. We employ unique administrative data on innovative start-ups in Italy and implement a novel crawler-based semantic search of start-ups’ websites to identify ‘green’ firms. Our findings on high-tech innovative start-ups confirm established evidence in the female entrepreneurship literature: greater shares of women in decision-making roles increase the probability of a social focus but decrease the likelihood of science, technology, engineering and mathematics (STEM)-intensive green energy objectives. Instead, the board gender composition does not correlate with non-energy ‘green’ objectives. Non-energy ‘green’ firms emerge more in gender-equal regions, while social start-ups develop where women have fewer employment opportunities.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11583/2989243