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Women entrepreneurs’ progress in the venturing process

The impact of risk aversion and culture

Bibliographic Data

ID14869782
AuthorsDaniela Gimenez-Jimenez (0000-0003-1704-1354, Technical University of Munich, corresponding author), Linda F Edelman (0000-0003-4478-0945, Bentley University), Alexandra Dawson (0000-0001-6310-6169, Concordia University), Andrea Calabrò (0000-0002-6969-3306, IPAG Business School)
Year2022
Volume58
Issue2
Pages1091-1111
Publication date2022-02-01
Open AccessYes
TypeARTICLE
VenueSmall Business Economics (JOURNAL)
Journal identifiersISSN: 0921-898X • E-ISSN: 1573-0913
PublisherSpringer Science and Business Media LLC (PUBLISHER)
DOI10.1007/s11187-020-00435-8
OpenAlexW3109918590
LanguageEN
Citations received17
References cited93

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

Business · Collectivism · Demographic economics · Economics · Entrepreneurship · Financial economics · Globe · Market economy · Normative · Perception · Perspective (graphical · Political science · Process (computing · Risk aversion (psychology · Sample (material · Sociology · Uncertainty avoidance · Entrepreneurship Studies and Influences · Family Business Performance and Succession · Innovation and Socioeconomic Development · Psychology · Social Psychology · Marketing

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Citations per year4.25
Citation span2022 - 2026 (5)
Highly citedNo

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