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

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  • Jafari-Sadeghi, Vahid
  • Sukumar, Arun
  • Pagán-Castaño, Esther
  • Dana, Léo-Paul

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.

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  • Jafari-Sadeghi, Vahid & Sukumar, Arun & Pagán-Castaño, Esther & Dana, Léo-Paul, 2021. "What drives women towards domestic vs international business venturing? An empirical analysis in emerging markets," Journal of Business Research, Elsevier, vol. 134(C), pages 647-660.
    • Handle: RePEc:eee:jbrese:v:134:y:2021:i:c:p:647-660
    DOI: 10.1016/j.jbusres.2021.05.055
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