A Comparative Analysis
Edited by Tatiana S. Manolova, Candida G. Brush, Linda F. Edelman, Alicia Robb and Friederike Welter
Chapter 3: Women’s entrepreneurship in Latin America and the Caribbean: a multidimensional approach
Drawing on a gender-aware framework and institutional theory, this chapter explores the formal institutional factors (economic, anti-discrimination legislation and family policies) which affect women entrepreneurs in Latin America and the Caribbean countries. Using the 2014 Global Entrepreneurship Monitor and Women, Business, and the Law data from IFC-World Bank from 14 Latin American countries, the results indicate that economic and institutional factors affect women’s entrepreneurial activity in the region. While economic and institutional factors affect men and women entrepreneurs, the nature of these structures creates some gender-based variations. Interestingly, they influence to a great extent the nature and magnitude of women’s entrepreneurial activity. Our results provide a deeper understanding of the role of formal institutional factors on women entrepreneurs in a developing region, such as Latin America and the Caribbean.
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