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Gender differences, risk attitude and entrepreneurship in Kyrgyzstan

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  • Raziiakhan Abdieva
  • Burulcha Sulaimanova
  • Kamalbek Karymshakov

Abstract

This study analyses the role of risk attitude for entrepreneurship by gender differences in Kyrgyzstan. Logit analysis is applied to the cross-sectional data set drawn from the nationally representative survey for 2011. Entrepreneurship is measured by the self-employment activities and analysed by the agricultural and non-agricultural sample. Results of the study show that more risk-taking preferences are associated with higher entrepreneurship probability. However, this effect is not persistent for women in further estimations for non-agricultural entrepreneurship sample, while for men higher positive effect of risk loving behavior remains in off-farm self-employment too. These findings underline the existing difference in risk tolerance by gender in non-agricultural employment. Movement of women from farm to off-farm entrepreneurship may not necessarily require risk loving characteristics. However, further analysis of this difference should take into account potential difference of necessity and opportunity entrepreneurs by gender.

Suggested Citation

  • Raziiakhan Abdieva & Burulcha Sulaimanova & Kamalbek Karymshakov, 2019. "Gender differences, risk attitude and entrepreneurship in Kyrgyzstan," Economics and Business Letters, Oviedo University Press, vol. 8(1), pages 17-30.
    • Handle: RePEc:ove:journl:aid:12849
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    File URL: https://reunido.uniovi.es/index.php/EBL/article/view/12849
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