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

Vahid Jafari-Sadeghi*, Arun Sukumar, Esther Pagán-Castaño, Leo Paul Dana

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

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 languageEnglish
Pages (from-to)647-660
Number of pages14
JournalJournal of Business Research
Volume134
Early online date17 Jun 2021
DOIs
Publication statusE-pub ahead of print - 17 Jun 2021

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