THE SOCIO-CULTURAL FACTORS INFLUENCE ON WOMEN'S ABILITY TO BECOME SOCIAL ENTREPRENEURS

Abstract

Women entrepreneurship is viewed as important critical factor in women empowerment. Unfortunately, the importance of gender has been understudied in the field of social entrepreneurship. Therefore, the aim of this study is to find out what sociocultural elements influence women's abilities to become social entrepreneurs. We employ logistic regression models to evaluate our study assumptions using data for the period 2017-2021 from the World Value Survey.  The finding shows women are more positively affected by altruism than men are. Male social entrepreneurial activity is aided by increased income levels and post-materialism, whereas female social entrepreneurial activity is unaffected. This study has both practical and theoretical contribution. First, in the advancement of studies on women's social entrepreneurial activity, particularly when employing the institutional approach, where gender characteristics might be highly important.