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A comparison of the critical success factors in women-owned business between the United States and Korea

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Abstract

This study examines the relationship between critical success factors of women-owned business and business performance. To date, there has been little research comparing the performance of businesses owned by women to those owned by men. In addition, research is extensive on female entrepreneurs in developed countries, especially in the United States and Europe; however, there are comparatively few studies of women-owned business in Asia. This paper analyzes how business performance is affected by the critical success factors of women-owned business. We also compare the differences between businesses owned by women in the United States and in Korea. The results indicate that business performance had a positive outcome based on the critical success factors for women-owned business. Some factors suggest, however, a significant difference between the two countries.

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Correspondence to Timothy M. Stearns.

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Lee, S.S., Stearns, T.M., Osteryoung, J.S. et al. A comparison of the critical success factors in women-owned business between the United States and Korea. Int Entrep Manag J 5, 259–270 (2009). https://doi.org/10.1007/s11365-009-0110-y

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