"The guide provides investors with a basic overview of social metrics for impact investing, an outline of the issues and challenges of social impact measurement, a summary of existing social impact measurement tools and a description of how they are being used, and a set of diagnostic tools to help investors think through key questions and issues related to measurement."
"This report brings new findings for consideration by the diverse audience of researchers, policymakers, educators, and practitioners. The ultimate aim is to highlight areas where there are still gaps, challenges, and opportunities, where women entrepreneurs have made significant progress, and how ecosystems influence and are influenced by women entrepreneurs. The findings of this report provide a foundation for guiding future research, policy decision-making, and design of initiatives and programs to enhance growth and development of women's entrepreneurship within context. Overall, this report demonstrates the value women entrepreneurs bring to societies worldwide and suggests areas for improvement in conditions that encourage and support their aspirations."
"The impact measurement guidelines were developed by a Working Group on Impact Measurement, launched as part of the G8 Social Investment Taskforce at the G8 Summit in London, 2013. The guidelines outline impact measurement best practices for impact investors and the "impact organizations" (i.e., investees) they work with. The Guidelines for Good Impact Practice were developed to be practical in nature, broadly applicable, adaptable to the unique goals and internal/external context in which an investor operates, and - importantly - designed to be applicable at a portfolio, deal, and enterprise level. This work builds significantly on the work of the EVPA and aligns with recently adopted European Standard for Social Impact."
"Fifty economies participated in the GEM 2019 Adult Population Survey (APS), Over 150,000 individuals participated in extended interviews as part of the GEM research in 2019. This is the solid evidence base for the GEM findings that are presented in this report and summarized here. Despite this extensive GEM evidence base, there are at least as many questions as answers as a result of this year’s analysis. As usual, GEM has a plethora of insights and some of the newest and key findings are listed below. The report also contains a detailed entrepreneurial profile of each participating economy, accompanied by a policy roadmap and full data tables showing the value of each GEM entrepreneurial variable in each economy."
"The Global Value Exchange (GVE) is an online platform developed by Social Value UK that allows users to set up their own projects, start to monitor the social value they are creating, and helps them to manage and maximise their social value."
"This issue brief is a part of the series formulated by Aspen Network of Development Entrepreneurs’ (ANDE) India chapter. It aims to contextualize the findings and strategy outlined in ANDE’s global gender issue brief, for India, and to create a knowledge base connecting our urgent issues and the Small and Growing Business (SGB) sector at a regional level. This brief is a starting point for conversations on gender equality and is meant to help shape ANDE India’s strategy for the region."
"Gender equality and female empowerment play a key role in achieving effective and sustainable development outcomes. ACDI/VOCA's GenderFirst approach enables an organization's staff and partners to identify and prioritize program interventions with the most potential to reduce gender equality gaps in households, communities and markets. Through this framework, ACDI/VOCA focuses on reducing gender-based constraints, improving social dynamics, and creating environments in which all people can thrive, while ensuring that activities "do no harm" to participants. GenderFirst tools and resources can be adapted based on program objectives and customized to address the unique needs of communities, taking context-specific dynamics and realities into consideration."
"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 obtain external funding (i.e., venture capital). The most significant portion of the gap (65 percent) stems from gender differences in initial startup orientation, with women being less likely to found ventures that signal growth potential to external investors. However, the residual gap is as much as 35 percent and much of this disparity likely reflects investors' gendered preferences. Consistent with theories of statistical discrimination, the residual gap diminishes significantly when stronger signals of growth are available to investors for comparable female- and male-led ventures or when focal investors appear to be more sophisticated. Finally, conditional on the reception of external funds (i.e., venture capital), women and men are equally likely to achieve exit outcomes, through IPOs or acquisitions."
"This paper studies the aggregate effects of the existing differences between male and female-run firms in Latin America and the Caribbean (LAC). Using data from the World Bank Enterprise Survey and the International Labor Organization (ILO), we show that only about one-fourth of the total firms are run by women and that female-run firms are about three times smaller than male-run firms in LAC. We then extend the theoretical framework in Cuberes and Teignier (2016) to account for these facts and quantify their aggregate effects on productivity and income per capita. In our model, men and women are identical in all aspects except for the fact that some women face barriers to becoming entrepreneurs, which may be a function of their talent. The calibration of our model implies that the barriers that some women face to becoming firm managers depend positively on their managerial talent, which results in female-run firms being smaller than those managed by men in equilibrium. In our baseline simulation, we obtain an output per capita loss due to these gender gaps of 9.4 percent, all of which is due to misallocation of resources and the resulting fall in aggregate productivity. This loss is 1.3 times larger than the one obtained in a framework where barriers to entrepreneurship were assumed to be independent of talent."
"We seek to examine founder gender preferences in the context of equity crowdfunding, which represents a direct counterpart to traditional equity financing and which is a "higher-stakes" context than rewards-based crowdfunding. More specifically, we explore whether founder gender preferences, if they exist, vary based on the gender and the experience of the investor. Through a randomized field experiment, we find that inexperienced female investors are significantly more interested (138%) in ventures with female founders than those with male founders; however, we do not observe founder gender preferences among experienced female investors. For male investors, we do not observe differences in interest in investing based on founder gender or investor experience. We thus confirm that the gender gaps observed in traditional equity funding do not apply to equity crowdfunding. Further, we theorize that the mechanisms proposed in previous research in low-stakes crowdfunding decision contexts, such as the use of founder gender as a heuristic and participation in activism homophily, that drive female investors to prefer female founders may not apply to experienced investors in higher-stakes equity crowdfunding. The results from a follow-up survey of the study participants provide support for our theoretical arguments."