It's a man's world? The rise of female entrepreneurship during privatization in Serbia

Kufenko, Vadim; Ivanovic, Vladan

It's a man's world? The rise of female entrepreneurship during privatization in Serbia

dc.contributor.author	Kufenko, Vadim	de
dc.contributor.author	Ivanovic, Vladan	de
dc.date.accessioned	2024-04-08T08:59:41Z
dc.date.available	2024-04-08T08:59:41Z
dc.date.created	2020-10-20
dc.date.issued	2020
dc.description.abstract	The relationship between female empowerment and economic development is one of the most complex examples of reverse causality, yet multiple scholars acknowledge that female empowerment promotes economic progress. One of the crucial aspects of female empowerment is female entrepreneurship; however, the literature on the emergence of female entrepreneurship is scarce. We focus on the rise of female entrepreneurship in Serbia and collect an extensive biographical dataset of women, who took part in privatization. Although women enjoyed the same de jure rights as men, they faced a number of informal restrictions such as i) patriarchal values, limiting the role of women in the society and ii) occupations in low-wage sectors, making it difficult to accumulate capital. Analyzing the determinants of failures of the newly privatized firms during 2002{2019 we find a significant negative relationship between the risks of failure and the cases of own independent entrepreneurial success of women prior to privatization as well as the cases, in which only the entrepreneurial success of husbands of these women was registered. This relationship is robust to controlling for diverse characteristics of firms and to inclusion of ownership duration. We also find that the presence of influential husbands in the background was not significantly related to the subsequent change of ownership. Although the ownership change was registered for the majority of firms in our sample, we find that during the Serbian privatization women managed to build up on their own entrepreneurial success, which contributed to female empowerment. These findings can be relevant for understanding the aftermath of privatizations with respect to gender inequality in other transition countries.	en
dc.identifier.swb	1736049097
dc.identifier.uri	https://hohpublica.uni-hohenheim.de/handle/123456789/6543
dc.identifier.urn	urn:nbn:de:bsz:100-opus-18099
dc.language.iso	eng
dc.relation.ispartofseries	Hohenheim discussion papers in business, economics and social sciences; 2020,07
dc.rights.license	publ-mit-pod	en
dc.rights.license	publ-mit-pod	de
dc.rights.uri	http://opus.uni-hohenheim.de/doku/lic_mit_pod.php
dc.subject	Entrepreneurship	en
dc.subject	Female entrepreneurship	en
dc.subject	Economics of gender	en
dc.subject	Political economy	en
dc.subject	Transition	en
dc.subject.ddc	330
dc.subject.gnd	Geschlecht	de
dc.subject.gnd	Entrepreneurship	de
dc.subject.gnd	Serbien	de
dc.subject.gnd	Systemtransformation	de
dc.title	It's a man's world? The rise of female entrepreneurship during privatization in Serbia	de
dc.type.dcmi	Text	de
dc.type.dini	WorkingPaper	de
local.access	uneingeschränkter Zugriff	en
local.access	uneingeschränkter Zugriff	de
local.bibliographicCitation.publisherPlace	Universität Hohenheim	de
local.faculty.number	3	de
local.institute.number	520	de
local.opus.number	1809
local.series.issueNumber	2020,07
local.series.title	Hohenheim discussion papers in business, economics and social sciences
local.university	Universität Hohenheim	de
local.university.faculty	Faculty of Business, Economics and Social Sciences	en
local.university.faculty	Fakultät Wirtschafts- und Sozialwissenschaften	de
local.university.institute	Institute for Economics	en
local.university.institute	Institut für Volkswirtschaftslehre	de

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