Factors that drive female entrepreneurship in Armenia
Conference Paper
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abstract
Entrepreneurs play a key role in any economy. Entrepreneurship includes creativity, innovation,
risk taking, planning and management and is described as transferring ideas into action. In the
light of recent world events, female entrepreneurship has become a crucial area to study and
understand, especially with respect to motivations, obstacles, constraints and consequences
of female entrepreneurship. The research work focuses on female entrepreneurship in a
developing country - Armenia – and proposes a conceptual framework of the phenomenon. A
logistic regression econometric method is applied to the dataset of World Bank (2013) to
identify and measure the relationship between female entrepreneurship and several factors
such as the location, size, legal status, market and obstacles faced by Armenian firms.
