This paper addresses the following questions: Are women entrepreneurs empowered by entrepreneurship, and critically, does entrepreneurship offer emancipation? Our theoretical position is that entrepreneurship is socially embedded and must be recognized as a social process with economic outcomes....

We study the relationship between ethnicity, occupational choice, and entrepreneurship. Immigrant groups in the United States cluster in specific business sectors. For example, the concentration of Korean self-employment in dry cleaners is 34 times greater than other immigrant groups, and...

The formation of expectations is a fundamental part of the process when people decide about engaging in an entrepreneurial venture. We evaluate the accuracy of newly self-employed people's predictions of their overall future wellbeing. Based on individual panel data for Germany, we find that...