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A Proposal for a Standard With Innovation Management System

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Thomas Domboka<br />

start their own businesses (Bird and Brush, 2002; Marlow and Carter, 2005; Marlow and Carter, 2006)<br />

and as a result they prefer to start businesses that are smaller and which require smaller amounts of<br />

finance which they can af<strong>for</strong>d from their personal savings and help from family and friends. Apart from<br />

structural discrimination on the part of banks and risk aversion on the part of women entrepreneurs,<br />

Carter and Shaw (2006) suggest that gender based differences in their perception of access to<br />

finance has contributed significantly to the differences in the amount of finance used by men and<br />

women.<br />

3. Research process<br />

This qualitative piece of work was conducted using face to face semi structured interviews with 35<br />

migrant black African female entrepreneurs based in the Birmingham area of the West Midlands,<br />

United Kingdom. Birmingham is the 2 nd largest city in Britain with a large number of migrants. The<br />

interviews which were recorded on tape lasted on average one hour each and they were conducted<br />

over a period of four months between September and December 2011. An interview schedule was<br />

used to guide the researcher during the interviews and to ensure that all key areas were covered. The<br />

interview tapes were manually transcribed immediately following each interview. The interview<br />

transcripts were then analysed thematically resulting in preliminary findings which are presented the<br />

sections that follow. The participants were identified using the purposive snowball sampling strategy<br />

in order to ensure a fair representation of women of different backgrounds from different African<br />

countries. The interviews were conducted within the business premises of each participant.<br />

Preliminary results from the study are presented in the following sections. The women who took part<br />

in the study were drawn from 13 African countries and the business they operate cover different<br />

sectors of the economy. The businesses are small and fairly new with the majority having been<br />

started in the last three years. The participants had been in the country <strong>for</strong> about 10 years with only<br />

three participants having been in the country <strong>for</strong> longer than 10 years. While the study does not<br />

propose any hypothesis, it is rather exploratory and inductive in order to meet objectives of the study.<br />

The objective of the paper is to identify the entrepreneurial resources these women start with when<br />

they go into business and the difficulties they face in acquiring the different resources and the effect<br />

this has on their entrepreneurial ambitions.<br />

4. Findings and discussion<br />

4.1 Human capital<br />

Academic background; the women in the study displayed a strong academic background. Figure 1<br />

show that 40 per cent of the women were educated to degree level with a further 17 per cent having<br />

post graduate qualifications like Master’s degrees or equivalent. Those educated below degree level<br />

made up 39 per cent with only five per cent of them not having secondary school level education.<br />

Most of the women acquired their graduate and post graduate qualifications in the UK.<br />

Figure 1: Level of education of participants<br />

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