Human Capital of Female Entrepreneurs in Different Life Stages

This paper presents the findings of a quantitative study on the human capital of women entrepreneurs across three distinct life stages. Human capital was analyzed through five constructs, each comprising multiple variables. The results reveal statistically significant differences in previous entrepreneurial and managerial experience among women entrepreneurs at different stages of life. However, no significant differences were observed in educational level attained, pre-business entrepreneurial knowledge, or previous industry experience. The study underscores the need for tailored training programs for different groups, highlighting the critical role of knowledge acquisition in scaling businesses, particularly for women in the so-called pragmatic phase. Furthermore, the interplay between entrepreneurial motives, aspirations, and human capital warrants deeper investigation, particularly to explore variations across different cultural and national contexts.