The obstacles to, influences on, and impact of womenâ??s business ownership have\nbeen studied for the researchers, offering a substantial knowledge about the female\nentrepreneurs and their businesses. However, the vast majority of research about\nwomen entrepreneurs is still very western-oriented, and more studies are needed\nbased on international data. This investigation examines the extent to which a set of\nsocial and firm factors influences womenâ??s decisions to start and grow their own\nbusinesses. It includes 59 countries and takes into account their stages of economic\ndevelopment. Findings show that the level of a countryâ??s development has an\nimpact on how social and firm factors affect womenâ??s decisions to become engaged\nin business. Findings also show that womenâ??s education levels are independent of\ntheir countryâ??s level of economic development, in terms of its impact on their\nentrepreneurship. Recommendations are provided to promote womenâ??s entrepreneurship\nand support them to reach their potential.
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