What drives women towards domestic vs international business venturing? An empirical analysis in emerging markets

Vahid Jafari-Sadeghi, Arun Sukumar, Esther Pagán-Castaño and Leo Dana

Journal of Business Research, 2021, vol. 134, issue C, 647-660

Abstract: Focusing on emerging markets, this paper compares the motives behind the entrepreneurial activities of women within and across national boundaries. The research builds on the opportunity-necessity spectra and explores the interaction of four types of entrepreneurial motives: (i) becoming independent; (ii) gaining financial rewards; (iii) the lack of employment alternatives; and (iv) multiple motives. Panel data from 25 emerging market countries for the seven-year period between 2010 and 2016 are tested through a staticapproach comparing fixed and random effects followed by dynamic analysis using the generalisedmethod of moments estimator. The findings reveal that financial rewards (maintain/increase income) encourage women towards international entrepreneurship, whereas necessity-driven motives (lack of job alternatives) lead women to start businesses in their home countries. Additionally, nonfinancial desires (such as becoming independent) have a negative impact on both domestic and international entrepreneurship by women.

Keywords: Female entrepreneurs; women entrepreneurship; Internationalisation; Motivation; Opportunity; Necessity; Panel data (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:134:y:2021:i:c:p:647-660

DOI: 10.1016/j.jbusres.2021.05.055

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