The influence of institutional context on women's entrepreneurship in the Baltics

Abstract

This dissertation investigates the historical and institutional context in the Baltics and its relation to female entrepreneurship. First, it focuses on informal institutions that form an important part of the context and represent socio-cultural factors that may shape an entrepreneur’s feasibility, desirability, and legitimacy considerations when examining entrepreneurship as a potential career choice. Second, in order to understand the development and scope of informal institutions, this dissertation looks at the historical heritage as well. The dissertation specifically looks at the context-specific informal institutions in the Baltics and how they shaped the development, scope and nature of female entrepreneurship in the region. The contribution of women’s entrepreneurship plays a significant impact on the economic growth and social well-being of societies. More female entrepreneurships could decrease this gap as women's participation in entrepreneurial activities not only supports their family income but also plays a significant role in the economic development and social well-being of society.