Abstract:
This paper provides a comprehensive summary of the academic literature with regard to risk and its role in the entrepreneurial experience of women. Entrepreneurial risk has an under-developed conceptual basis and distilling gender-specific aspect is difficult. The paper explores how entrepreneurial culture contributes to the widely noted difference in entrepreneurial propensities between men and women. Personal and institutional aspects and contributors to this difference include women entrepreneurs clustering in retail and traditional service sectors, and a tendency for females to have poorer access to resources. This paper also provides suggestions for future directions for developing research on women as entrepreneurs. The objective of present paper is to show how entrepreneurial culture contributes to this widely noted difference in entrepreneurial propensities between men and women.
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