Institutions and female entrepreneurial activity in Latin-America

Dyala de la O Cordero, David Urbano


The purpose of this paper is to analyze the factors that influence female entrepreneurial activity in the context of Latin America, using the institutional economics as a theoretical framework –North’s approach. The empirical research uses Latin-American panel data (Global Entrepreneurship Monitor) covering a-six-years period (2008-2013). We found that informal institutions have a more statistically significant activity on women´s entrepreneurial activity in the region. Results also showed that formal institutions have a negative influence in promoting female entrepreneurial activity.


female entrepreneurship; institutional theory; Latin America

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