FEMALE ENTREPRENEURSHIP, ROLE MODELS AND NETWORK EXTERNALITIES IN MIDDLE-INCOME COUNTRIES

Research output: Chapter in Book/Entry/PoemChapter

6 Scopus citations

Abstract

This chapter describes the emergence of sustainable entrepreneurial intentions. It highlights the function played by role models and discusses why they are important for women’s entrepreneurial intentions and the mechanism by which role models influence decisions and provide incentives for others to become entrepreneurs. The chapter reviews the understanding of female networks and discusses how and why networks may serve as substitutes for role models. A significant amount of evidence exists that role models and networks play a significant role in fostering female entrepreneurship in middle-income economies. In spite of significant improvement in early nascent female entrepreneurship, middle-income countries still show rates of established female business activity that are about half of their nascent activity counterparts. Recent empirical studies of individual behavior have shown the particular importance of social capital for women and the existence of remarkably consistent differences in accessing it across genders.

Original languageEnglish (US)
Title of host publicationThe Routledge Companion to Global Female Entrepreneurship
PublisherTaylor and Francis
Pages197-213
Number of pages17
ISBN (Electronic)9781317744924
ISBN (Print)9781138015180
DOIs
StatePublished - Jan 1 2017

ASJC Scopus subject areas

  • General Economics, Econometrics and Finance
  • General Business, Management and Accounting

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