How much do network support and managerial skills affect women’s entrepreneurial success? The overlooked role of country economic development

Dianne H.B. Welsh*, Orlando Llanos-Contreras, Manuel Alonso-Dos-Santos, Eugene Kaciak

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

13 Scopus citations

Abstract

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 non-family moral support. Public policy implications are discussed.

Original languageEnglish
Pages (from-to)287-308
Number of pages22
JournalEntrepreneurship and Regional Development
Volume33
Issue number3-4
DOIs
StatePublished - 2021
Externally publishedYes

Bibliographical note

Publisher Copyright:
© 2021 Informa UK Limited, trading as Taylor & Francis Group.

ASJC Scopus subject areas

  • Business and International Management
  • Economics and Econometrics

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