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

Vahid Jafari-Sadeghi; Arun P. C Sukumar; Esther  Pagán-Castaño; Léo Paul Dana

doi:10.1016/j.jbusres.2021.05.055

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

Vahid Jafari-Sadeghi, Arun P. C Sukumar, Esther Pagán-Castaño, Léo Paul Dana

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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 static approach comparing fixed and random effects followed by dynamic analysis using the generalised method 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.

Original language	English
Pages (from-to)	647-660
Number of pages	14
Journal	Journal of Business Research
Volume	134
Early online date	17 Jun 2021
DOIs	https://doi.org/10.1016/j.jbusres.2021.05.055
Publication status	Published - Sept 2021

Bibliographical note

© 2021, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/

Copyright © and Moral Rights are retained by the author(s) and/ or other copyright owners. A copy can be downloaded for personal non-commercial research or study, without prior permission or charge. This item cannot be reproduced or quoted extensively from without first obtaining permission in writing from the copyright holder(s). The content must not be changed in any way or sold commercially in any format or medium without the formal permission of the copyright holders.

This document is the author’s post-print version, incorporating any revisions agreed during the peer-review process. Some differences between the published version and this version may remain and you are advised to consult the published version if you wish to cite from it.

Keywords

Female entrepreneurs
Internationalisation
Motivation
Necessity
Opportunity
Panel data
women entrepreneurship

ASJC Scopus subject areas

Marketing

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10.1016/j.jbusres.2021.05.055

Post-PrintAccepted author manuscript, 1.31 MBLicence: CC BY-NC-ND

Cite this

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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 static approach comparing fixed and random effects followed by dynamic analysis using the generalised method 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.",

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

Abstract

Bibliographical note

Keywords

ASJC Scopus subject areas

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