Determinants Of Entrepreneurship: Are Women Different?
In this paper the authors investigate, for the first time, how individual determinants of entrepreneurship - such as age, income, education, work status, skills, access to networks and fear of failure - differ between males and females. They conduct the exercise using individual data provided by the Global Entrepreneurship Monitor (GEM), available for 46 countries, between 2001 and 2004. The literature on entrepreneurship has uncovered differences in the rate of entrepreneurship between men and women, with women generally displaying lower entrepreneurial activity than men. This is important since, as they show; entrepreneurial activity is positively related across countries with the female to male entrepreneurial ratio. They examine total entrepreneurship rates, as well as entrepreneurship driven by opportunity and by need.