Title: Entrepreneurial mindset dimensions and entrepreneurial performance of female-owned enterprises: the mediating role of personal wealth

Authors: Florinda Zegullaj; Veland Ramadani; Gadaf Rexhepi; Sadudin Ibraimi

Addresses: Faculty of Business and Economics, South-East European University, Tetovo, North Macedonia ' Faculty of Business and Economics, South-East European University, Tetovo, North Macedonia ' Faculty of Business and Economics, South-East European University, Tetovo, North Macedonia ' Faculty of Business and Economics, South-East European University, Tetovo, North Macedonia

Abstract: This paper aims to analyse the entrepreneurial mindset dimensions of women and to examine their impact on entrepreneurial performance in the Albanian context as well as understand the moderating effect of personal wealth in this relationship. A random sampling technique is used to collect data from female entrepreneurs who own a business in Albania. The results presented in this research paper are relevant and original, based on the evidence of female entrepreneurs in Albania. Structural equation modelling in Smart PLS 4 software examines the relationships between variables and different patterns. The findings of this study indicate that resilience, risk-taking propensity, and innovativeness successfully influence the firm performance and personal wealth of female entrepreneurs. Furthermore, personal wealth acts as a moderator between both risk-taking propensity and resilience toward firm performance.

Keywords: entrepreneurship; females; mindset; dimensions; performance.

DOI: 10.1504/IJSTM.2024.145228

International Journal of Services Technology and Management, 2024 Vol.29 No.2/3/4, pp.296 - 314

Received: 17 Nov 2023
Accepted: 11 Jan 2024
Published online: 28 Mar 2025 *