An Empirical Investigation of Female Entrepreneurship & Innovation Activities in Greece

The importance of entrepreneurship for economic growth has been emphasised by economic literature. The recent debate on the determinants of output growth has concentrated mainly on the role of knowledge, typically produced by a specific sector of the economy, and furthermore in the role of entrepreneurship and the implications on economic growth. Much of the recent work on economic growth can be viewed as refining the basic economic insights of classical economists. The statistical analysis is therefore very important. Nowadays there are well-organized databases, and the researcher can easily decide about the sample, rather than some years ago. Research and Development, technical change and entrepreneurship are directly related with industrial infrastructure, productivity effects and regional development. Entrepreneurship aims to reinforce the competitiveness, and to succeed the modernisation process and the convergence between firms and industries in the member states, adopting statistical techniques, using the appropriate software. This paper attempts to examine the role of entrepreneurship, and those of innovation activities (technical change, research and development and diffusion of technology) and the effects of output growth, using both a theoretical and empirical approach in a Greek case study. In particular, the purpose of this paper is to analyse the framework, the obstacles, the determinant factors using the appropriate statistical techniques and furthermore the role of female entrepreneurship in the Greek firms. It also attempts to examine the role of female entrepreneurship on innovation activities and the effects on sustainable development and in the implications on growth, economic integration, regional development and social change.