Using data on the entire population of businesses registered in the states of California and Massachusetts between 1995 and 2011, we decompose the well-established gender gap in entrepreneurship. We show that female-led ventures are 63 percentage points less likely than male-led ventures to...

This study examines how the election of a top female political leader affects the representation of women within organizations. We argue that the election of a top female political leader has two countervailing effects. On the one hand, having a top female political leader can increase the...

Ample research has documented that female founders are disadvantaged in entrepreneurship, but few theories explain how their disadvantage carries over into later stages of the entrepreneurial process. We combine evidence from longitudinal matched employer-employee data covering all founders of...