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Collaborating to Identify the Personal and Business Dilemmas of Successful Women Entrepreneurs

Author

Listed:
  • Fons Trompenaars

    (Hampden-Turner, Amsterdam, The Netherlands)

  • Madeleine van der Steege

    (Synquity, Warmond, The Netherlands)

  • Riana Schreuders

    (Trompenaars Hampden-Turner, The Netherlands)

Abstract

Although female entrepreneurship is more frequently considered a key driver in economic growth and development, there is a gap in our understanding of the actual challenges and dilemmas that are faced and overcome by successful women entrepreneurs. Research in this field is lacking, often highly academic and does not contribute to practical/systemic or policy changes to support women’s entrepreneurship development. The purpose of this paper is to provide preliminary findings from a pilot study exploring the critical dilemmas and enablers for success faced by women entrepreneurs. Using a dilemma theory orientation, entrepreneurial success was investigated in terms of how respondents reconcile the competing demands between core stakeholders. Through our collaborative approach to the research, we were able to test existing models of entrepreneurship and also generate new insights for further investigation. It seems that women have a ‘gestalt’ view on the world, which enables them to identify opportunities in the environment through a values-based, socially responsible approach, which is aimed at generating greater gains than pure financial turnover in the long run.

Suggested Citation

  • Fons Trompenaars & Madeleine van der Steege & Riana Schreuders, 2014. "Collaborating to Identify the Personal and Business Dilemmas of Successful Women Entrepreneurs," Working Papers 2014/10, Maastricht School of Management.
  • Handle: RePEc:msm:wpaper:2014/10
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    References listed on IDEAS

    as
    1. Saskia Vossenberg, 2013. "Women Entrepreneurship Promotion in Developing Countries: What explains the gender gap in entrepreneurship and how to close it?," Working Papers 2013/08, Maastricht School of Management.
    2. Myers, Barbara & Pringle, Judith K., 2005. "Self-initiated foreign experience as accelerated development: Influences of gender," Journal of World Business, Elsevier, vol. 40(4), pages 421-431, November.
    3. Mirjana Radovic-Markovic, 2013. "Female Entrepreneurship: Theoretical Approaches," Journal of Women's Entrepreneurship and Education, Institute of Economic Sciences, issue 1-2, pages 1-9.
    4. Garry D. Bruton & David Ahlstrom & Han–Lin Li, 2010. "Institutional Theory and Entrepreneurship: Where Are We Now and Where Do We Need to Move in the Future?," Entrepreneurship Theory and Practice, , vol. 34(3), pages 421-440, May.
    5. Anisya S Thomas & Stephen L Mueller, 2000. "A Case for Comparative Entrepreneurship: Assessing the Relevance of Culture," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 31(2), pages 287-301, June.
    6. Mary Hallward-Driemeier & Tazeen Hasan, 2012. "Empowering Women : Legal Rights and Economic Opportunities in Africa," World Bank Publications - Books, The World Bank Group, number 11960, December.
    7. Nancy M. Carter & Kathleen R. Allen, 1997. "Size determinants of women-owned businesses: choice or barriers to resources?," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 9(3), pages 211-220, January.
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    Keywords

    entrepreneurship; women; dilemmas; economic growth;
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