Female Proclivity to the World of Business

Abstract

This paper investigates entrepreneurial women confronted with the self-employment or business career choice. Optimistic women have a higher proclivity to be businesswomen. Businesswomen select self- over paid employment when they are young or old, less educated, married or with under-age children. There are no significant native-immigrant differences. However, among immigrant women those who are in Germany 6 to 12 years are more likely to go into self-employment. These results show that women in Germany who are in their prime working age, educated, not married, and with no under-age children are less likely to choose self-employment, as it is not viewed as a channel to achieving higher socio-economic standing.