A growth model for understanding female-owned enterprises

Ogundana, O. ORCID: 0000-0002-0121-7231, Simba, A. ORCID: 0000-0002-0276-8211, Dana, L.-P. and Liguori, E., 2022. A growth model for understanding female-owned enterprises. Journal of the International Council for Small Business. ISSN 2643-7015

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Numerous policy initiatives designed to support the growth of female-owned enterprises in the developing economies have repeatedly failed to achieve their objectives. Research recognizes the lack of contextualized growth models for defining female-owned enterprises in such contexts as the main issue. Thus, and drawing from our qualitative data, we propose a growth model to account for the business development activities of female-owned enterprises from a developing economy perspective. Through analysing our qualitative data, it emerged that money (access and utilization), management (non-formal education and experience) and market (customer intelligence) were direct determinants of the growth trajectories of female-owned enterprises. Motherhood (household and family), meso- (membership of professional networks and social learning) and macro-environment (sociocultural and economic issues) indirectly influenced their growth by mediating women’s access and utilization of the above-mentioned direct determinants. From that, we offer recommendations for practitioners including public authorities and key actors within the entrepreneurial ecosystem that provide the support infrastructure for female-owned enterprises in a developing economy.

Item Type: Journal article
Publication Title: Journal of the International Council for Small Business
Creators: Ogundana, O., Simba, A., Dana, L.-P. and Liguori, E.
Publisher: Taylor & Francis
Date: 10 August 2022
ISSN: 2643-7015
Rights: This is an Accepted Manuscript of an article published by Taylor & Francis in Journal of the International Council for Small Business on 10th August 2022, available at: http://www.tandfonline.com/10.1080/26437015.2022.2100296
Divisions: Schools > Nottingham Business School
Record created by: Laura Ward
Date Added: 15 Jul 2022 08:16
Last Modified: 10 Feb 2024 03:00
URI: https://irep.ntu.ac.uk/id/eprint/46603

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