Female transnational entrepreneurship and smart specialization policy

Abstract

This article focuses on the issue of transnational female entrepreneurs, who are currently the subject of interest by policymakers. For this purpose, an analysis of smart specialization policies used in the European Union is conducted as a way of understanding entrepreneurial behavior. In-depth interviews with female immigrant entrepreneurs in Portugal are conducted as a way of considering how diaspora networks in terms of people having the same cultural heritage can facilitate transnational entrepreneurship. Findings show that smart specialization policies can help female entrepreneurs manage their business ventures and undergo appropriate training programs. This helps with encouraging family engagement with business activities that makes use of transnational networks. In this way, increased numbers of female transnational entrepreneurs can be encouraged to create a more open and global entrepreneurial ecosystem.