Our research aims to examine how laws can impact female entrepreneurship across different contexts. We use a new measurement from the World Bank’s Women, Business, and the Law (WBL) index 2.0, focusing on legal systems in place to help female entrepreneurs. Specifically, we explore how gendered differences in legal access in the context of accessing credit, registering businesses, opening bank accounts, and laws relating to inheritance influence female entrepreneurship outcomes relative to males. We also want to distinguish between opportunity driven and necessity driven entrepreneurship across genders and whether differences in legal access can explain some of the gaps. The research will provide insights into how policymakers can enhance female entrepreneurship by improving legal frameworks, particularly in developing economies where women face significant financial and institutional barriers. We will also investigate potential moderating factors such as economic institutions and culture, which have been shown to affect female entrepreneurship outcomes. Empirical models like OLS, fixed effect, marginal effect plots, and matching models will be used to test our analysis. We will also present ideas for future related research, as the WBL index is fairly new and thus understudied. The contribution of our work is twofold: 1) we will examine the effectiveness of legal/policy frameworks as they relate to female entrepreneurship, and 2) we will examine how these systems interact with formal economic institutions and informal institutions such as culture. The latter will help to understand what frameworks must be in place for a nation to foster successful female entrepreneurs and promote an equitable entrepreneurial landscape.
Breaking Barriers - Gender Law and Female Entrepreneurship
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