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

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

Giménez-Jiménez, D, Edelman, L, Dawson, Alexandra ORCID: https://orcid.org/0000-0001-6310-6169 and Calabrò, A (2020) Women entrepreneurs’ progress in the venturing process: The impact of risk perception and culture. Small Business Economics, 58 (2). pp. 1091-1111.

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Official URL: https://doi.org/10.1007/s11187-020-00435-8

Abstract

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 1,552 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 as well as the need to employ a gendered perspective when studying nascent entrepreneurship.

Divisions:Concordia University > John Molson School of Business > Management
Item Type:Article
Refereed:Yes
Authors:Giménez-Jiménez, D and Edelman, L and Dawson, Alexandra and Calabrò, A
Journal or Publication:Small Business Economics
Date:21 November 2020
Digital Object Identifier (DOI):10.1007/s11187-020-00435-8
ID Code:991404
Deposited By: Alexandra Dawson
Deposited On:22 Dec 2022 20:56
Last Modified:22 Dec 2022 20:56
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