GLOBALIZATION, GENDER and ENTREPRENEURIAL ACTIVITIES in LATIN AMERICA

Although a large body of literature deals with the concept of globalization, the study of the relationship between globalization and entrepreneurship is an unchartered territory. We look at data from eighteen Latin American and Caribbean countries over a fifteen-year time span. Our findings indicate that de facto economic, social, trade and interpersonal globalization are negatively related to female and male entrepreneurial activities. De facto political globalization is the only category of globalization this study finds to be related positively to entrepreneurial activity (male and female), which implies policymaking may be a viable manner to encourage entrepreneurial activities. Political shifts to encourage females to undertake entrepreneurial activities can be seen across the globe.