IDEAS home Printed from https://ideas.repec.org/a/gam/jbusin/v5y2025i1p1-d1562003.html
   My bibliography  Save this article

Drivers for Women Entrepreneurship in Greece: A Case Analysis of Early-Stage Companies

Author

Listed:
  • Marcus Goncalves

    (Administrative Sciences Department, Metropolitan College, Boston University, Boston, MA 02215, USA)

  • Suela Papagelis

    (Administrative Sciences Department, Metropolitan College, Boston University, Boston, MA 02215, USA)

  • Daphne Nicolitsas

    (Department of Economics, University of Crete, 741 50 Rethymno, Greece)

Abstract

This study explores the unique realm of women’s entrepreneurial leadership within Stewart’s role demands-constraint-choice in Greece. This brings to light the underrepresented role of women entrepreneurs in the country and sets out to fill the literature gap by exploring their distinct motivations and leadership. By employing a qualitative method and conducting semi-structured interviews with Greek women entrepreneurs, this study uncovers a complex web of motivations intertwined with personal goals, sociocultural norms, and economic conditions that diverge from those in other advanced economies. Notable motivations include financial autonomy, family support, societal betterment, and personal fulfillment. The findings also provide a comprehensive understanding of the intricate interplay between entrepreneurs’ roles, motivations, and leadership decisions within socioeconomic and cultural contexts. This research enriches the broader discourse on international entrepreneurship and women’s studies, deepening our understanding of Greek women’s entrepreneurship. The practical implications of these findings offer strategies for policymakers, educators, and industry professionals to foster an environment that supports women’s entrepreneurial leadership in Greece and other emerging economies.

Suggested Citation

  • Marcus Goncalves & Suela Papagelis & Daphne Nicolitsas, 2025. "Drivers for Women Entrepreneurship in Greece: A Case Analysis of Early-Stage Companies," Businesses, MDPI, vol. 5(1), pages 1-38, January.
  • Handle: RePEc:gam:jbusin:v:5:y:2025:i:1:p:1-:d:1562003
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2673-7116/5/1/1/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2673-7116/5/1/1/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anasuya K. Lingappa & Lewlyn L.R. Rodrigues, 2023. "Synthesis of Necessity and Opportunity Motivation Factors in Women Entrepreneurship: A Systematic Literature Review," SAGE Open, , vol. 13(1), pages 21582440231, March.
    2. Bardhyl Ahmetaj & Alba Demneri Kruja & Eglantina Hysa, 2023. "Women Entrepreneurship: Challenges and Perspectives of an Emerging Economy," Administrative Sciences, MDPI, vol. 13(4), pages 1-20, April.
    3. Linda Elizabeth Ruiz & José Ernesto Amorós & Maribel Guerrero, 2023. "Does gender matter for corporate entrepreneurship? A cross-countries study," Small Business Economics, Springer, vol. 60(3), pages 929-946, March.
    4. Sarah W Davies & Hollie M Putnam & Tracy Ainsworth & Julia K Baum & Colleen B Bove & Sarah C Crosby & Isabelle M Côté & Anne Duplouy & Robinson W Fulweiler & Alyssa J Griffin & Torrance C Hanley & Tes, 2021. "Promoting inclusive metrics of success and impact to dismantle a discriminatory reward system in science," PLOS Biology, Public Library of Science, vol. 19(6), pages 1-15, June.
    5. Jeffrey R. Cohen & Derek W. Dalton & Lori L. Holder-Webb & Jeffrey J. McMillan, 2020. "An Analysis of Glass Ceiling Perceptions in the Accounting Profession," Journal of Business Ethics, Springer, vol. 164(1), pages 17-38, June.
    6. Yoon G. Lee & Heather H. Kelley & Renee Wiatt & Maria I. Marshall, 2024. "Work-Family Balance and Perceived Business Outcomes among Copreneurial and Noncopreneurial Small Business Owners," Journal of Family and Economic Issues, Springer, vol. 45(1), pages 200-211, March.
    7. Chijioke Nwachukwu & Helena Chládková & Hieu Minh Vu, 2024. "Motivation, challenges and strategies of female social entrepreneurs in the micro-lending sector," International Journal of Business Environment, Inderscience Enterprises Ltd, vol. 15(2), pages 220-237.
    8. Clark H. Warner & Marion Fortin & Tessa Melkonian, 2024. "When Are We More Ethical? A Review and Categorization of the Factors Influencing Dual-Process Ethical Decision-Making," Journal of Business Ethics, Springer, vol. 189(4), pages 843-882, February.
    9. Marcus Goncalves & Karol Gil Vasquez, 2024. "Leadership and entrepreneurial choices: understanding the motivational dynamics of women entrepreneurs in Mexico," International Journal of Export Marketing, Inderscience Enterprises Ltd, vol. 6(2), pages 161-205.
    10. Booyavi, Zahra & Crawford, G. Christopher, 2023. "Different, but same: A power law perspective on how rock star female entrepreneurs reconceptualize “gender equality”," Journal of Business Venturing Insights, Elsevier, vol. 19(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Adrian GROȘANU & Melinda-Timea FÜLÖP & Nicolae MĂGDAȘ, 2024. "Ethical Dilemmas in Digital Accounting: A Comprehensive Literature Review," CECCAR Business Review, Body of Expert and Licensed Accountants of Romania (CECCAR), vol. 5(4), pages 56-67, April.
    2. Amondarain, Josune & Aldazabal, M. Edurne & Espinosa-Pike, Marcela, 2023. "Gender differences in the auditing stereotype and their influence on the intention to enter the profession," Journal of Behavioral and Experimental Finance, Elsevier, vol. 37(C).
    3. Tekwa, EW & Giles, Rachel K & Davis, Alexandra CD, 2022. "Theoretical foundation and empirical assessment of representation and meritocracy in academia," SocArXiv 4bd9r_v1, Center for Open Science.
    4. José-Joaquín del-Pozo-Antúnez & Horacio Molina-Sánchez & Francisco Fernández-Navarro & Antonio Ariza-Montes, 2021. "Accountancy as a Meaningful Work. Main Determinants from a Job Quality and Optimization Algorithm Approach," Sustainability, MDPI, vol. 13(16), pages 1-14, August.
    5. Yi Luo & Steven E. Salterio, 2022. "The Effect of Gender on Investors’ Judgments and Decision-Making," Journal of Business Ethics, Springer, vol. 179(1), pages 237-258, August.
    6. Anastasia Rogova & Isabel Martinez Leal & Maggie Britton & Shine Chang & Kamisha H. Escoto & Kayce D. Solari Williams & Crystal Roberson & Lorna H. McNeill & Lorraine R. Reitzel, 2022. "Promoting Cancer Health Equity: A Qualitative Study of Mentee and Mentor Perspectives of a Training Program for Underrepresented Scholars in Cancer Health Disparities," IJERPH, MDPI, vol. 19(12), pages 1-22, June.
    7. Christiana Stylianou & Sotiroula Liasidou & Zanete Garanti, 2025. "Women Entrepreneurs’ Role in Tourism Co-Creation and Policy: Examining the Case of Cyprus," Tourism and Hospitality, MDPI, vol. 6(1), pages 1-22, February.
    8. Wei Fu & Shin-Yi Chou & Li-San Wang, 2022. "NIH Grant Expansion, Ancestral Diversity and Scientific Discovery in Genomics Research," NBER Working Papers 30155, National Bureau of Economic Research, Inc.
    9. Didia, Lydia N. & Flasher, Renee, 2021. "Beyond the top seven firms: Gender diversity of audit firm partners and their undergraduate accounting faculty," Journal of Accounting Education, Elsevier, vol. 56(C).
    10. Clark, Daniel R. & Crawford, G. Christopher & Pidduck, Robert J., 2023. "Exceptionality in entrepreneurship: Systematically investigating outlier outcomes," Journal of Business Venturing Insights, Elsevier, vol. 20(C).
    11. Mahvish Muzaffar & Ghulam Ghouse & Fahad Abdulrahman Alahmad, 2024. "Assessing the Interplay of Financial Development, Human Capital, Democracy, and Industry 5.0 in Environmental Dynamics," Sustainability, MDPI, vol. 16(16), pages 1-30, August.
    12. Hannah Kremer & Isabel Villamor & Margaret Ormiston, 2024. "The Ripple Effect: When Leader Self-Group Distancing Responses Affect Subordinate Career Trajectories," Journal of Business Ethics, Springer, vol. 195(4), pages 813-829, December.
    13. Conor Callahan & Arjun Mitra & Steve Sauerwald, 2024. "Ethics of Care and Employees: The Impact of Female Board Representation and Top Management Leadership on Human Capital Development Policies," Journal of Business Ethics, Springer, vol. 195(3), pages 615-629, December.
    14. Sumati Ahuja & Ruth Weatherall, 2023. "“This boys club world is finally getting to me”: Developing our glass consciousness to understand women's experiences in elite architecture firms," Gender, Work and Organization, Wiley Blackwell, vol. 30(3), pages 826-841, May.
    15. Alessandro Fiori Maccioni, 2023. "A Stochastic Markov Chain for Estimating New Entrants into Professional Pension Funds," JRFM, MDPI, vol. 16(5), pages 1-26, May.
    16. Khurana, Indu & Tamvada, Jagannadha Pawan & Audretsch, David B., 2023. "The weaker sex? A tale of means and tails," Journal of Business Venturing Insights, Elsevier, vol. 20(C).
    17. Sharmin Akther & Mohammed Rafiqul Islam & Md. Faisal-E-Alam & Rui Alexandre Castanho & Luís Loures & Paulo Ferreira, 2024. "Linking Management Capabilities to Sustainable Business Performance of Women-Owned Small and Medium Enterprises in Emerging Market: A Moderation and Mediation Analysis," Sustainability, MDPI, vol. 16(23), pages 1-21, November.
    18. Stefano Mammola & Elena Piano & Alberto Doretto & Enrico Caprio & Dan Chamberlain, 2022. "Measuring the influence of non-scientific features on citations," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(7), pages 4123-4137, July.
    19. Peytcheva, Marietta, 2023. "He, him, his: Masculine language in professional guidance and assessed equity and inclusion of women and LGBTQ+ people in the profession," Accounting, Organizations and Society, Elsevier, vol. 106(C).
    20. Blanco-Oliver, A.J. & Irimia-Diéguez, A.I. & Vázquez-Cueto, M.J., 2023. "Is there an optimal microcredit size to maximize the social and financial efficiencies of microfinance institutions?," Research in International Business and Finance, Elsevier, vol. 65(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jbusin:v:5:y:2025:i:1:p:1-:d:1562003. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.