Social Aspects and their Influence on South American Female Entrepreneurship

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Juan Andrés Mayorga Meléndez
Ramiro Patricio Carvajal Larenas
Diana Cristina Morales Urrutia

Abstract

The study of female entrepreneurship has aroused economic and political interest, as well as academic and scientific attention, therefore, it is important to contribute to the generation of knowledge of this subject that is still in an incipient state. This research analyzes the social factors that influence female entrepreneurial activity in South America. It is based on a review of specially specialized literature, an empirical level that applies principal component analysis (ACP) with data from the Global Entrepreneurship Monitor (GEM) for the period 2008-2013. The results show that the factors related to social and cultural aspects such as: creating an enterprise is a professionally socially accepted option for women, promoting self-employment or the creation of businesses among women and both men and women have equal access opportunities to create a company, they maintain a high degree of significance with female entrepreneurship in the analyzed countries. One aspect to conclude is related to some reflection notes and challenges that address aspects that are not being contemplated in the societies of the South American region.

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How to Cite
Mayorga Meléndez, J. A., Carvajal Larenas, R. P., & Morales Urrutia, D. C. (2020). Social Aspects and their Influence on South American Female Entrepreneurship. 593 Digital Publisher CEIT, 5(2), 125-133. https://doi.org/10.33386/593dp.2020.2.196
Section
Entrepreneurship

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