2014
DOI: 10.1093/cesifo/ifu023
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The Gender Gap in Entrepreneurship: Not just a Matter of Personality

Abstract: Why do entrepreneurship rates differ so markedly by gender? Using data from a large, representative German household panel, we investigate to what extent personality traits, human capital, and the employment history influence the start-up decision and can explain the gender gap in entrepreneurship. Applying a decomposition analysis, we observe that the higher risk aversion among women explains a large share of the entrepreneurial gender gap. We also find an education effect contributing to the gender differenc… Show more

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Cited by 80 publications
(65 citation statements)
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“…Given the significantly lower propensity of females to be self-employed, the increased female participation in the labor market results in a negative effect on the level of self-employment (minus 16 percent) (see Caliendo et al 2014b, for a more detailed analysis). The declining share of people with vocational training also contributes negatively to the level of self-employment (minus 13.4 percent).…”
Section: Resultsmentioning
confidence: 99%
“…Given the significantly lower propensity of females to be self-employed, the increased female participation in the labor market results in a negative effect on the level of self-employment (minus 16 percent) (see Caliendo et al 2014b, for a more detailed analysis). The declining share of people with vocational training also contributes negatively to the level of self-employment (minus 13.4 percent).…”
Section: Resultsmentioning
confidence: 99%
“…Studies that have considered the role of gender in entrepreneurship (e.g., Van Der Zwan et al 2011;Caliendo et al 2015;Stefani and Vacca 2015) also show that lower levels of female education are a crucial factor in explaining the gender differences in entrepreneurial activity. However, Fig.…”
Section: Human Capital Gender and Entrepreneurshipmentioning
confidence: 99%
“…Second, females have a lower probability of becoming entrepreneurs than males, which may be explained by genderspecific role models, a difference in the willingness to take risks (Caliendo et al, 2014b), and the willingness to turn entrepreneurial intention into implementation (Haus et al, 2013). Third, the family surrounding influences transitions into entrepreneurship: Having self-employed parents significantly increase the likelihood of becoming an entrepreneur, perhaps because they are role models for occupational choices or because the children inherited the 'right skills and abilities' for entrepreneurial activities.…”
Section: Concepts and Definitions: Who Are Entrepreneurs And What Do mentioning
confidence: 99%