Based on Vallerand’s dualistic model of passion, this study theorizes and empirically examines the temporal dynamics of two types of entrepreneurial passion in female entrepreneurs, harmonious ...entrepreneurial passion (HmEP) and obsessive entrepreneurial passion (ObEP), and examines the mechanisms by which entrepreneurial effort0 and fear of failure influence the temporal dynamics of entrepreneurial passion. Using data collected from a three-wave, lagged survey of female entrepreneurs, we employed Mplus to build a latent growth model for entrepreneurial passion and built a cross-lag model of the relationship between entrepreneurial passion, entrepreneurial effort, and fear of failure. We found that female entrepreneurs’ HmEP and ObEP present different temporal dynamics. Furthermore, the temporal dynamics of HmEP are achieved through changes in entrepreneurial effort, whereas the temporal dynamics of ObEP are achieved through changes in current entrepreneurial effort and fear of failure in the next stage. Therefore, due to traditional gender stereotypes and varying motivations to engage in entrepreneurship, the two entrepreneurial passions have different dynamic evolution processes. Our results underscore the importance of effort and fear of failure in stimulating the dynamics of female entrepreneurial passion.
This research contributes to the state of knowledge on gender aspects of entrepreneurship and SME-promoting policies from the perspective of the United Kingdom. In this paper, we draw upon the ...largest public policy intervention aimed explicitly at fostering new business start-ups, the Start-Up Loan (SUL) scheme. Since its inception in 2012 until the present day, question whether female start-up entrepreneurs were over-represented in terms of scheme participation, which would be the case if the barriers they face when seeking to start a new business are greater than their male peers. First, the study exploits available secondary data from the Eurostat and Global Entrepreneurship Monitor to determine the participation of females in entrepreneurship during the last decades. Second, we exploit the administrative data of the participants of the SUL scheme between 2012 and 2022 (N = 98,026). Methodologically, the study relies on summary statistical tools and estimation of the Cox proportional hazard models, predicting the loan default rates of the supported individuals across genders. With an average female representation of 40% over the last decade on the SUL scheme, which is significantly higher than in the UK business population, a very positive and unintended consequence of the scheme is that tens of thousands of female entrepreneurs were given the support that, in its absence, may have prevented or discouraged them from starting their new business. Furthermore, females participating in the SUL scheme have lower hazard rates than males.
This study applies deep insights from the ability, motivation, and opportunity (AMO) framework as an overarching theoretical perspective to identify critical success factors for female entrepreneurs. ...In doing so, it investigates how entrepreneurial persistence (i.e., motivation or “M”), together with prior venture experience (i.e., ability or “A”) and competitive intensity (i.e., opportunity or “O”) influence the success of women's entrepreneurial activities. Using data from 308 Japanese female entrepreneurs, we show a positive association between entrepreneurial persistence and female entrepreneurs' venture growth, which becomes stronger when prior venture experience and competitive intensity are considered. Most importantly, the three-way interaction between these factors maximizes the business performance of female entrepreneurs. Thus, venture growth is the highest in the presence of high levels of entrepreneurial persistence, prior venture experience, and competitive intensity. Our findings suggest that policy makers should improve the competitiveness of women-led ventures and create supportive business environments for female entrepreneurs.
To reduce dependence on external funding, financial bootstrapping can be an alternative low-cost funding solution for MSMEs. Cost efficiency can also be achieved by carrying out digital ...transformation in business operational activities. Furthermore, cost efficiency will lead to improved financial performance of MSMEs. This research investigates the influence of financial bootstrapping and digital transformation on the financial performance of MSMEs. Data collection was carried out through a field survey involving several enumerators and 180 respondents. The respondents of this research were female MSME entrepreneurs in the culinary sector in Central Java Province, Indonesia. The data was analyzed using the Partial Least Squares-Structural Equation Modeling (PLS-SEM) method. The research results revealed that financial bootstrapping and digital transformation have a significant positive effect on the financial performance of MSMEs. Furthermore, this study offers recommendations to improve the financial performance of MSMEs. Entrepreneurs must be creative in utilizing cheap internal funding sources and willing to adopt digital technology to increase operational efficiency and customer satisfaction.Fields entrepreneurship and small firm management; business, management and accounting; entrepreneurial finance
In entrepreneurial literature male and female entrepreneurs are compared frequently. Female entrepreneur’s contributions are significantly appreciated but still they are lagging behind male ...entrepreneurs, is concluded in numerous studies. Women entrepreneurs have diverse motives in comparison to male while engaging in business activities. This study builds on qualitative approach and responses of 22 female entrepreneurs belonging to different industries/domains of Uttar Pradesh (UP), India were collected through face to face in-depth interviews which were analyzed afterwards as per the identified themes. The outcome has concluded that undoubtedly women are made for entrepreneurship but their comparison with male entrepreneurs is completely unjustified; even if researchers are interested, a discrete and self-reliant framework incorporating all possible challenges faced especially by women entrepreneurs should be utilized for better in-depth evaluation of their performance and productivity. Further, the outcome can also be utilized by educational and training institutions, policymakers, researchers and other stakeholders to create a more conducive environment for female entrepreneurs in male-dominant entrepreneurial world.
How does digital entrepreneurship help innovative, women entrepreneurs in emerging economies? Using strategic choice theory, we predict that specific innovativeness improves new venture performance, ...and that digital entrepreneurship enables innovativeness and increases its effect on performance. We also predict that innovative female entrepreneurs benefit more than male ones from a high degree of digital entrepreneurship. We confirm our hypotheses using primary data of entrepreneurs from Ghana (N = 199) and Vietnam (N = 223). We also conducted a series of robustness tests to validate our findings. We conclude that strategic choices among new ventures yield best results if bounded by prior strategic choice and specific innovativeness, enabled by a high degree of digital entrepreneurship, and enacted by women.
PurposeFemale entrepreneurs play an increasingly recognised role in countries' overall well-being by contributing to job creation, wealth, family income and innovation. This study identifies ...combinations of family support that enhance business performance most effectively.Design/methodology/approachThis study employs a fuzzy-set qualitative comparative analysis (fsQCA), drawing on 184 technology business owners to identify the family support configurations most conducive to high business performance.FindingsThe results suggest that high levels of emotional and instrumental support are necessary for female technology entrepreneurs to achieve a high firm performance (FP) level when instrumental support at home (ISH) is lacking. As a comparison, male technology entrepreneurs can still achieve a high level of FP when emotional and instrumental support for the business (ISB) is low.Originality/valueThis research contributes to the body of knowledge on women's entrepreneurship in emerging economies, technology entrepreneurs in South Africa and family and business support systems. The authors add to the emerging literature on the potential downsides of family embeddedness by tying theory to the findings on how family embeddedness-related obligations arise when individuals depend on their family's financial support and how this reliance impedes the formation of entrepreneurial intentions.
Drawing on the qualitative research of Jewish ultraorthodox female fashion entrepreneurs (JUFFE) in Israel, we examine how women's body regulations are collectively negotiated, challenged, and ...resisted. Our paper shows that, through the disruption of religious clothing and hairstyling, JUFFEs have challenged the patriarchal expectations of women's ideal type in their authoritative society and triggered various changes that allowed for the construction of alternative forms of femininity. Our contributions are twofold: First, we advance the understanding of the body as a site of resistance by exposing the analytical constituents of embodied resistance, namely, the forms of femininity constructed through embodied resistance, which demands are challenged, which types of modesty are resisted, which bodily means are used in women's resistance acts, and the implications of the resistance. By deepening our understanding of the constitutive resources of embodied resistance, we offer a more nuanced and detailed analysis of the various embodied ways and means through which women of religious communities may prompt changes regarding women's visibility and economic status. Second, we broaden the conceptualization of resistance's outcomes in authoritarian regimes by demonstrating how alternative religious femininities are constructed through the collective power of fashion. We present two manifestations of femininity: femininity as a marker of diversity (individualized femininity) and femininity as a marker of economic status (affluent femininity)—both deviate from the one prescribed by their leadership and community. We demonstrate how entrepreneurs' subversive messages are diffused through their clientele's bodies as the carriers of their subversive messages.
This research aimed to identify critical success factors and challenges faced by non-technical female entrepreneurs during the Covid-19 pandemic. Additionally, it aimed to explore the strategic ...financial, marketing, and safety responses taken by these entrepreneurs to sustain their businesses. Data was collected through interviews and surveys from 106 female entrepreneurs in Peru and 100 female entrepreneurs in Ecuador. Key findings revealed the importance of physical and mental health, as well as excellent customer service, for the success of non-technology-based businesses. Both countries expressed concerns about the risk of infecting family members. Resilience strategies included cost reduction and issuing bonds. Our research contributes to the understanding of non-tech female entrepreneurs and their businesses in Peru and Ecuador during the ongoing Covid-19 crisis. It highlights important factors for success and survival and addresses the significant challenges faced, as well as the strategic responses employed by these entrepreneurs within the Latin American context.
