Women entrepreneurs’ progress in the venturing process: the impact of risk aversion and culture

Artikel

We explore the gendered impact of risk aversion and country-level culture on nascent student entrepreneurs’ progress in the venturing process. Combining country-level cultural normative variables from the 2004 Global Leadership and Organizational Behavior Effectiveness (GLOBE) survey with data from the 2013/2014 Global University Entrepreneurial Student Spirit Study (GUESSS), our sample consists of 1552 nascent student entrepreneurs from 11 countries. We start with the assumption that perceptions of risk-taking behaviors are not gendered. We then split our sample, finding that, for women, perceptions of risk-taking behaviors are associated with less progress in the venturing process; however, starting a new venture in a socially supportive culture moderates that relationship. For men, neither risk-taking behavior nor country cultural variables are related to their progress in the venturing process. Our study highlights both the importance of country-level contextual variables in entrepreneurship and the need to employ a gendered perspective when studying nascent entrepreneurship.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Small Business Economics ; ISSN: 1573-0913 ; Volume: 58 ; Year: 2020 ; Issue: 2 ; Pages: 1091-1111 ; New York, NY: Springer US

Classification and Topics

• Classification: Wirtschaft ; Economics of Gender; Non-labor Discrimination ; Human Capital; Skills; Occupational Choice; Labor Productivity ; New Firms; Startups ; Entrepreneurship
• Subject: Female nascent entrepreneurs ; Male nascent entrepreneurs ; Risk ; Country-level culture ; Start-up activities

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Gimenez-Jimenez, Daniela ; Edelman, Linda F. ; Dawson, Alexandra ; Calabrò, Andrea
• Event: Veröffentlichung
• (who): Springer US
• (where): New York, NY
• (when): 2020

Further information

• DOI: doi:10.1007/s11187-020-00435-8
• Last update: 10.03.2025, 11:43 AM CET