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An Initial Review of the Characteristics and Determinants of Female Entrepreneurs in Puerto Rico

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  • Marisela Santiago Castro
  • Michael J Pisani

Abstract

This paper outlines the characteristics and determinants of Puerto Rican female entrepreneurs in 2007. This study utilizes data from the Adult Population Survey (APS) for 2007 from the Global Entrepreneurship Monitor (GEM) Project. We find that female entrepreneurs in Puerto Rico are most likely sole owners of their business establishment, face many local competitors, and do not generally export their goods or services outside of the Island. The primary motivation for business start-up was business opportunism along with a personal goal of greater independence at the workplace. Education serves as a fundamental determinant of female entrepreneurship. Características y determinantes de mujeres empresarias en Puerto Rico: una mirada inicial Este artículo describe las características y determinantes de mujeres empresarias en Puerto Rico para el 2007. El estudio utiliza los datos de la Encuesta de la Población Adulta del Proyecto de Global Entrepreneurship Monitor (GEM, por sus siglas en inglés). Se encontró que las mujeres empresarias en Puerto Rico tienden a ser duenas únicas de sus negocios, tienen muchos competidores locales, y usualmente no exportan sus bienes o servicios fuera de la Isla. La motivación primaria para empezar el negocio fue tener una oportunidad de negocio junto a una meta personal de mayor independencia en el lugar de trabajo. La educación es un determinante fundamental de ser empresaria en Puerto Rico.

Suggested Citation

  • Marisela Santiago Castro & Michael J Pisani, 2013. "An Initial Review of the Characteristics and Determinants of Female Entrepreneurs in Puerto Rico," Revista Ad-Minister, Universidad EAFIT, February.
    • Handle: RePEc:col:000475:011686
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    References listed on IDEAS

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    More about this item

    Keywords

    Women; entrepreneurship; female entrepreneurship; GEM; Puerto Rico; Mujeres; emprendimiento; GEM; Puerto Rico;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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