The Changing Experience of Australian Female Entrepreneurs

The study of female entrepreneurship is a dynamic field, with more women than men engaging in self-employment in Australia, the United Kingdom and the United States. Prior research in this field has identified a series of factors which characterize entrepreneurs. This paper examines the extent to which the experiences of Australian women entrepreneurs are reflected in the prior research. In particular, emphasis is placed on whether the personal characteristics, educational levels, motivations for starting business and resource acquisition behaviour of contemporary Australian women entrepreneurs are reflected in the prior research. While many of the key findings of prior research were found to describe accurately the experience of Australian women entrepreneurs, three new factors have been identified. First, Australian women entrepreneurs have increasingly come from business education backgrounds compared to the predominantly liberal arts backgrounds reported elsewhere. Second, the reasons for establishing small business differ insofar as they represent a greater proportion of general business needs as well as personal internal needs. Third, Australian women entrepreneurs are moving away from traditional "female industries" into sectors identified as "male industries" such as manufacturing. Overall, Australian women entrepreneurs demonstrate similarities in their identifying characteristics; however, significant shifts are occurring in their behaviours