International Studies in Entrepreneurship Series Editors: Zoltan J. Acs George Manson University Fairfox, VA, USA David B. Audretsch Indiana University Bloomington, IN, USA Forfurther volumes: http://www.springer.com/series/6149 ´ Miguel-Angel Galindo Domingo Ribeiro l Editors Women’s Entrepreneurship and Economics New Perspectives, Practices, and Policies Editors Miguel-A´ngelGalindo DomingoRibeiro FacultaddeDerechoyCienciasSociales Facultatd’Economia UniversityofCastilla-LaMancha UniversityofValencia RondadeToledos/n Av.delosNaranjoss/n CiudadReal13071 Valencia46022 Spain Spain [email protected] [email protected] ISBN978-1-4614-1292-2 e-ISBN978-1-4614-1293-9 DOI10.1007/978-1-4614-1293-9 SpringerNewYorkDordrechtHeidelbergLondon LibraryofCongressControlNumber:2011941217 #SpringerScience+BusinessMedia,LLC2012 Allrightsreserved.Thisworkmaynotbetranslatedorcopiedinwholeorinpartwithoutthewritten permissionof the publisher (SpringerScience+Business Media, LLC, 233 SpringStreet, New York, NY10013,USA),exceptforbriefexcerptsinconnectionwithreviewsorscholarlyanalysis.Usein connectionwithanyformofinformationstorageandretrieval,electronicadaptation,computersoftware, orbysimilarordissimilarmethodologynowknownorhereafterdevelopedisforbidden. 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Printedonacid-freepaper SpringerispartofSpringerScience+BusinessMedia(www.springer.com) Contents 1 Introduction............................................................... 1 DomingoRibeiroandMiguel-A´ngelGalindo PartI Women’sEconomicThought 2 Women’sApproachtoEconomicsandFirms.......................... 9 Miguel-A´ngelGalindo,DomingoRibeiro, andJuanJose´ Rubio PartII Women’sEntrepreneurship,PoliciesandPerformance 3 Women’sEntrepreneurshipandEconomicPolicies................... 23 MohsenBahmani‐Oskooee,Miguel-A´ngelGalindo, andMar´ıaTeresaMe´ndez 4 Women,Research,andEntrepreneurship ............................. 35 SaharBahmani,FranciscoEscribanoSotos, andIsabelPardoGarc´ıa 5 LinkingWomenEntrepreneurship withSocialEntrepreneurship ........................................... 53 MariaM.Benavides-EspinosaandAntoniaMohedano-Suanes 6 WomenEntrepreneursandSuccess .................................... 73 KerstinEttlandFriederikeWelter 7 WomenEntrepreneurshipandPerformance .......................... 89 Joaqu´ınAlda´s-Manzano,ClaraMart´ınez-Fuentes, andManuelaPardo-del-Val v vi Contents 8 WhyWomenClaimtoBeLessEntrepreneurialthanMen......... 109 RobertoEsp´ıritu-OlmosandMiguelAngelSastre-Castillo PartIII Finance 9 WomenEntrepreneurship,Innovation, andInternationalization ............................................... 125 EdwardNissan,InmaculadaCarrasco,andMar´ıa-SoledadCastan˜o 10 TheProfileoftheEuropeanEntrepreneur:Economics andFinance,aGenderAnalysis....................................... 143 FranciscoR.Rodr´ıguez,V´ıctorM.Gonza´lez-Sa´nchez, andSusanadelosR´ıosSastre 11 MicrocreditsforWomenEntrepreneurship:AreThey anEffectiveTooltoAvoidFamilyImpoverishment? ............... 167 JorgeAlbertoGa´mez-Gutie´rrezandJose´ ManuelSaiz-A´lvarez PartIV OtherAspects 12 WomanEntrepreneurshipandGenderAccountability............. 181 MartaPeris-Ortiz,DanielPalacios-Marque´s, andCarlosRueda-Armengot 13 WomeninUniversityEducationandinthe ProfessionalEnvironment ............................................. 191 RosaMar´ıaGonza´lez-Tirados 14 AConceptualizationofWomen’sCollectiveEntrepreneurship: FromStrategicPerspectivestoPublicPolicies....................... 211 Marie-ClaireMalo,InmaculadaBuend´ıa-Mart´ınez, andMartineVe´zina Index.......................................................................... 225 Contributors Joaqu´ınAlda´s-Manzano Facultatd’Economia,UniversityofValencia, Av.delosNaranjoss/n,Valencia46022,Spain SaharBahmani DepartmentofEconomics,UniversityofWisconsinatParkside, Kenosha,Wisconsin,USA MohsenBahmani-Oskooee DepartmentofEconomics,UniversityofWisconsin- Milwaukee,BoltonHall,Room868,POBox413,Milwaukee, WI53201,USA Maria M. Benavides-Espinosa Facultad d’Economia, University of Valencia, Av.ElsTarongers,s/n,Valencia46022,Spain InmaculadaBuend´ıa-Mart´ınez FacultaddeCienciasSociales,University ofCastilla-LaMancha,Avda.delosAlfares,44,Cuenca16071,Spain Inmaculada Carrasco Facultad de CC. Económicas y Empresariales, University ofCastilla-LaMancha,PlazadelaUniversidad,Albacete02071,Spain Mar´ıa-SoledadCastan˜o FacultaddeCC.EconómicasyEmpresariales,University ofCastilla-LaMancha,PlazadelaUniversidad,Albacete02071,Spain FranciscoEscribanoSotos FacultaddeCC.EconómicasyEmpresariales, UniversityofCastilla-LaMancha,PlazadelaUniversidad,Albacete02071,Spain RobertoEsp´ıritu-Olmos FacultaddeContabilidadyAdministración, CampusTecoma´n,UniversidaddeColima,Me´xico,Km.40.5Carr. Colima-Manzanillo,C.P.28930Tecoma´nColima,Mexico KerstinEttl UniversityofSiegen,SiegenGermany Miguel-A´ngelGalindo FacultaddeDerechoyCienciasSociales, UniversityofCastilla-LaMancha,RondadeToledos/n, CiudadReal13071,Spain JorgeAlbertoGa´mez-Gutie´rrez FacultyofManagement&Accounting-CEDEF, LaSalleUniversity,Calle11n.2-89,Bogota´,Colombia vii viii Contributors V´ıctorM.Gonza´lez-Sa´nchez FacultaddeCienciasEconómicasyEmpresariales, UNED - Universidad Nacional de Educación a Distancia, Paseo Senda del Rey, 11,Madrid28040,Spain RosaMar´ıaGonza´lez-Tirados InstitutodeCienciasdelaEducación(ICE), UniversidadPolite´cnicadeMadrid,EdificioEsc.Ingenieros deCaminos,CiudadUniversitaria,Madrid28040,Spain Marie-Claire Malo Department of Management CRISES, HEC Montre´al, 3000, ChemindelaC^ote-Sainte-Catherine,Montre´al,QC,Canada ClaraMart´ınez-Fuentes Facultatd’Economia,UniversityofValencia, Av.delosNaranjoss/n,Valencia46022,Spain Mar´ıaTeresaMe´ndez FacultaddeCienciasEconómicasyEmpresariales, UniversidadComplutensedeMadrid,CampusdeSomosaguas, Madrid28223,Spain AntoniaMohedano-Suanes Facultadd’Economia,UniversityofValencia, Av.ElsTarongers,s/n,Valencia46022,Spain Edward Nissan Department of Political Science, International Development & InternationalAffairs,UniversityofSouthernMississippi,118CollegeDrive#5108, Hattiesburg, MS39406-0001,USA IsabelPardoGarc´ıa FacultaddeCC.EconómicasyEmpresariales, UniversityofCastilla-LaMancha,PlazadelaUniversidad, Albacete02071,Spain ManuelaPardo-del-Val Facultatd’Economia,UniversityofValencia, Av.delosNaranjoss/n,Valencia46022,Spain DanielPalacios-Marque´s DepartmentofBusinessOrganization,Universitat Polite`cnicadeVale`ncia,CaminodeVeras/n,Valencia46022,Spain MartaPeris-Ortiz DepartmentofBusinessOrganization,Universitat Polite`cnicadeVale`ncia,CaminodeVeras/n,Valencia46022,Spain DomingoRibeiro Facultatd’Economia,UniversityofValencia, Av.delosNaranjoss/n,Valencia46022,Spain SusanadelosR´ıosSastre FacultaddeCienciasEconómicas yEmpresariales,UniversidadPontificiaComillasdeMadrid, CalleAlbertoAguilera,23,Madrid28015,Spain FranciscoR.Rodr´ıguez UNDP–UnitedNationsDevelopmentProgramme, 304East45thStreet,12thFloorHumanDevelopmentReportOffice, NewYork,NY10017,USA JuanJose´ Rubio FacultaddeDerechoyCienciasSociales,University ofCastilla-LaMancha,RondadeToledos/n,CiudadReal13071,Spain Contributors ix CarlosRueda-Armengot DepartmentofBusinessOrganization,Universitat Polite`cnicadeVale`ncia,CaminodeVeras/n,Valencia46022,Spain Miguel Angel Sastre-Castillo Escuela Universitaria de Estudios Empresariales, UniversidadComplutensedeMadrid,Av.Filipinas3,Madrid28003,Spain InstitutoTecnológicoAutónomodeMe´xicoITAM,MexicoCity,Mexico Jose´ManuelSaiz-A´lvarez FacultyofSocialSciences,NebrijaUniversity&FIEC Institute,HoyodeManzanares,Madrid28240,Spain MartineVe´zina DepartmentofManagementCRISES,HECMontre´al,3000, ChemindelaCoˆte-Sainte-Catherine,Montreal,QC,Canada Friederike Welter Jo¨nko¨ping International Business School, P.O. Box 1026, SE-55111,Jo¨nko¨pingSweden