Institution as looting apparatus: impact of gender equality and institutions on female entrepreneurship

Do all institutions have similar impact on female entrepreneurs? While most papers consider female entrepreneurship to be influenced by a single factor, the novel approach of this paper is to suggest that interaction of national level institutions and attitude toward to female labor freedom influence female entrepreneurship. This paper examines the factors that influence different types of entrepreneurial activity, paying particular attention to gender differences. We find that countries that have large number of female participate in the labor market and have higher level of education experience more entrepreneurial activity than their counterpart. Higher level of entrepreneurship is also evident in countries with lower level of corrupt when female participate in the economic activity. © 2014, Eurasia Business and Economic Society.