Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/86868
Authors: 
Koellinger, Philipp
Minniti, Maria
Schade, Christian
Year of Publication: 
2008
Series/Report no.: 
Tinbergen Institute Discussion Paper 08-035/3
Abstract: 
Across countries, women own significantly fewer businesses than do men. We show that this is due, in large part, to the fact that the propensity to start businesses of women is significantly lower than that of men. The lower propensity of women, in turn, appears to be highly correlated to women’s lower average levels of optimism and self-confidence, and higher fear of failure. Ceteris paribus, women and men have different perceptions of the business environment and, as a result, make different decisions. We provide some evidence that this may be universally true and independent from culture, although country specific factors seem to influence perceptual differences between genders. We also show that women who are more self-confident and undeterred by failure have a greater probability to start a business than men with similar characteristics.
Subjects: 
Nascent entrepreneurship
gender
perceptions
judgment and decision making
JEL: 
J0
J2
Document Type: 
Working Paper

Files in This Item:
File
Size
429.78 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.