How much do network support and managerial skills affect women’s entrepreneurial success? The overlooked role of country economic development
Date
2021Author
Welsh, Dianne H.B.
Llanos Contreras, Orlando Antonio
Alonso Dos Santos, Manuel
Kaciak, Eugene
Publisher
Entrepreneurship & Regional DevelopmentDescription
ArtículoMetadata
Show full item recordAbstract
The success of women-owned businesses with regard to the stages of
economic development of countries is under-examined on a global basis.
This study explores the relationship between country economic and political
contexts and assesses the importance of entrepreneurs’ networks and
managerial skills on women’s entrepreneurial success. The research uses
data from 22 countries chosen from multi-dimensional country context
constructs (i.e., select economic and political factors) and measures both
family and external moral and financial support and managerial skills. The
results show that stock (managerial skill) and flow (family and non-family
support) differentially influence women’s entrepreneurial success in countries
at varying levels of competitive development. In particular, the results
confirm the positive influence of managerial skills and family moral and
financial support on women’s entrepreneurial success (based on annual
income) in countries at a higher level of competitive development and
confirm their negative influence in countries at a lower level of competitive
growth. Moreover, the results reveal influences of non-family financial support
(positive for highly competitive countries) on income but not nonfamily
moral support. Public policy implications are discussed.