TY - JOUR
T1 - Critical Factors for Business Sustainability in Women-Led Social Enterprises in Peru
AU - Ramos Farroñán, Emma Verónica
AU - Arbulu Castillo, Julie Catherine
AU - Mogollón García, Francisco Segundo
AU - Otiniano León, Mabel Ysabel
AU - Acosta-Enriquez, Benicio Gonzalo
AU - Heredia Llatas, Flor Delicia
AU - Cuadra Morales, Valicha
AU - Paredes Morales, Ana Elizabeth
AU - Martel Acosta, Rafael
N1 - Publisher Copyright:
© 2024 by the authors.
PY - 2024/9
Y1 - 2024/9
N2 - This study analyzes the key factors that determine the sustainability of women-led social enterprises in the Peruvian context via structural equation modeling (SEM). This research is based on a random sample of 521 social entrepreneurs and explores the influence of current employment, type of entrepreneurship, and years of entrepreneurial experience on social entrepreneurship potential. The results show that the current employment of women entrepreneurs significantly influences their social entrepreneurship potential (β = 0.383, p = 0.000), whereas the type of entrepreneurship (β = 0.653, p = 0.026) and years of experience (β = 0.269, p = 0.004) act as moderating variables in this relationship. Additionally, comparison tests revealed significant differences in social entrepreneurship potential according to age (p = 0.000), years of entrepreneurial experience (p = 0.000), and employment status (p = 0.000). Pairwise comparisons revealed that women aged 30 years or older had greater potential for social entrepreneurship than did those under 22 years (p = 0.001) and those aged 23–29 years (p = 0.006). Similarly, entrepreneurs with 6 or more years of experience presented greater potential than those with less than 3 years of experience (p = 0.000). These findings highlight the importance of considering employment status, type of entrepreneurship, prior experience, and age differences when designing policies and support programs for women’s social entrepreneurship. This study contributes to understanding the factors that influence the sustainability of women-led social enterprises and provides recommendations for future research, such as expanding the SEM, replicating it in different contexts, and complementing it with qualitative approaches.
AB - This study analyzes the key factors that determine the sustainability of women-led social enterprises in the Peruvian context via structural equation modeling (SEM). This research is based on a random sample of 521 social entrepreneurs and explores the influence of current employment, type of entrepreneurship, and years of entrepreneurial experience on social entrepreneurship potential. The results show that the current employment of women entrepreneurs significantly influences their social entrepreneurship potential (β = 0.383, p = 0.000), whereas the type of entrepreneurship (β = 0.653, p = 0.026) and years of experience (β = 0.269, p = 0.004) act as moderating variables in this relationship. Additionally, comparison tests revealed significant differences in social entrepreneurship potential according to age (p = 0.000), years of entrepreneurial experience (p = 0.000), and employment status (p = 0.000). Pairwise comparisons revealed that women aged 30 years or older had greater potential for social entrepreneurship than did those under 22 years (p = 0.001) and those aged 23–29 years (p = 0.006). Similarly, entrepreneurs with 6 or more years of experience presented greater potential than those with less than 3 years of experience (p = 0.000). These findings highlight the importance of considering employment status, type of entrepreneurship, prior experience, and age differences when designing policies and support programs for women’s social entrepreneurship. This study contributes to understanding the factors that influence the sustainability of women-led social enterprises and provides recommendations for future research, such as expanding the SEM, replicating it in different contexts, and complementing it with qualitative approaches.
KW - current employment
KW - female social entrepreneurship
KW - structural equation modeling
KW - sustainability
KW - type of entrepreneurship
KW - years of business experience
UR - http://www.scopus.com/inward/record.url?scp=85205244281&partnerID=8YFLogxK
U2 - 10.3390/su16187954
DO - 10.3390/su16187954
M3 - Article
AN - SCOPUS:85205244281
SN - 2071-1050
VL - 16
JO - Sustainability (Switzerland)
JF - Sustainability (Switzerland)
IS - 18
M1 - 7954
ER -