16_jwe_3-4_finalna_ver No. 3-4/2016 No. 3-4/2016 Twice a Year Scientific Journal ISSN 1821-1283 UDK 005.64:37:316.344.5 COBISS.SR-ID 157987852 PUBLISHER Institute of Economic Sciences 12 Zmaj Jovina str. 11000 Belgrade, Serbia EDITOR-IN-CHIEF Prof. Dr. Mirjana Radović-Marković Institute of Economic Sciences, Belgrade SPECIAL ADVISOR Prof. Dr. Carl Edwin Lindgren, United States ASSOCIATE EDITORS Prof. Dr. Manuela Tvaronaviciene, Vilnius Gediminas Technical University, Business Management Faculty, Department of Enterprise Economics and Business Management, Lithuania Prof. Dr. LaWanna L. Blount, vice president of American School of Genealogy, Heraldry and Documentary Sciences, United States Prof. Dr. Neila Holland, Business and Entrepreneurship Professor, Stratford University, Baltimore Campus, United States of America Prof. Dr. Agota Giedrė Raišienė, Academic Association of Management and Administration (AVADA), Lithuania Prof. Dr. Snezhana Ilieva, Department of Social, Work and Educational Psychology Sofia University St. Kliment Ohridski, Bulgaria Prof. Dr. Radmila Grozdanić, Faculty of Business Economics and Entrepreneurship, Serbia Prof. Dr. Imani Silver Kyaruzi, Department of Business, London Graduate School of Management, Great Britain Prof. Dr. Tara Brabazon, Professor of Education and Head of the School – Teacher Education, Charles Sturt University, Australia EDITORIAL OFFICE c/o Institute of Economic Sciences 12, Zmaj Jovina str., Belgrade, Serbia Tel. +381 11 2622-357; 2629-960 www.ien.bg.ac.rs jweoffice@ien.bg.ac.rs BUSINESS SECRETARY Elena Jovičić, MA Institute of Economic Sciences, Belgrade elena.baranenko@ien.bg.ac.rs EDITORIAL BOARD Prof. Dr. Mark Hoelscher, associate professor of entrepreneurship in the Department of Management and Quantitative Methods in the College of Business at Illinois State University, United States Dr. Doan Winkel, assistant professor of Entrepreneurship, Illinois State University, United States Dr. Jeff Vanevenhoven, assistant professor in Management, College of Business & Economics, University of Wisconsin - Whitewater, United States Prof. Dr. Susan Coleman, professor of finance, University of Hartford, United States Prof. Dr. Hiroko Kawamoto Kesim, Ondokuz Mayis University, Turkey Prof. Dr. Dragos Simandan, associate professor, Geography Department, Brock University, Canada Prof. Dr. Raghu Bir Bista, professor, Tribhuvan University, Nepal Prof. Dr. Maruti Rao Rani, Channamma University, Belagavi, Karnataka, India Prof. Dr. Uday Kumar, associate professor of entrepreneurship, Mangalore University, India Prof. Dr. Beatrice Avolio, professor of entrepreneurship and founder of the Center for Female Entrepreneurs at CENTRUM Católica, Deputy Director General, CENTRUM Católica, Pontificia Universidad Católica del Perú, Lima, Peru Prof. Dr. Ana Maria Bojica, Departamento Organización de Empresas, Facultad de CC. Económicas y Empresariales, Universidad de Granada, Espana Ass. Prof. Dr. Plama Hristova, Sofia University St. Kliment Ohridski, Bulgaria Ass. Prof. Dr. Agrawal Reena, Jaipuria Institute of Management, Luckow, Uttar Pradesh, India Prof. Isiaka Esema, Pebble Hills University and Coordinator of International Community Education Association, Nigeria Chapter, Nigeria Prof. Dr. Krum Krumov, chair of the Department of Social, Work and Educational Psychology, Director, University Center of Conflict Management and Organizational Research, Sofia University "St. Kliment Ohridski”, Sofia, Bulgaria Prof. Dr. Narendra Kumar Bishnoi, Haryana School of Business, Guru Jambheshwar University of Science & Technology, India Prof. Dr. Susan Linz, Department of Economics, Michigan State University, United States Dr. Emile Loza, fellow, Center for Law, Economics, and Finance, the George Washington University Law School, United States Ass. Prof. Dušan Marković, Belgrade Business School, Serbia Prof. Dr. Ivana Mandysová, Faculty of Economics and Administration, University of Pardubice, Pardubice, Czech Republic Prof. Dr. Brenda Nelson-Porter, Brigette’s Technology Consulting and Research Firm, United States Prof. Dr. Muhammad Omolaja, chairman of the Governing Council, International College of Management and Technology, Nigeria Prof. Dr. Rula Quawas, director of the Women's Studies Center at the University, Jordan Prof. Dr. Pacha Malyadri, Osmania University, Andhra Pradesh, India Prof. Dr. Slavoljub Sljivic, Faculty for Business Economics and Entrepreneurship, Serbia Dr. Srdjan Redžepagić, Belgrade Banking Academy, Serbia Prof. Dr. Nikola Vukmirović, Faculty of Economics, Republika Srpska Ass. Prof. Dr. Marianna Siničáková, Technical University of Kosice, Faculty of Economics, Department of Finance, Slovakia Prof. Dr. Zsuzsanna Katalin Szabo, Dean of the Faculty of Economics, Law and Administrative Sciences of Petru Maior University of Tîrgu Mureş, Romania Ass. MSc Aidin Salamzadeh, Faculty of Entrepreneurship, Teheran, Iran Prof. Dr. Almir Pestek, Faculty of Economics in Sarajevo, Bosnia and Herzegovina Dr. Jacqueline Brassey, Tilburg School of Economics and Management (TiSEM), Holland Prof. Dr. Boufeldja Ghiat, Faculty of Social Sciences, Oran University, Algeria Prof. Dr. José G. Vargas-Hernández, University Center for Economic and Managerial Sciences, University of Guadalajara, Mexico Prof. Dr. Zélia Breda, University of Aveiro, Portugal Ass. Prof. Dr. Neven Vidaković, The University College Effectus – College for Law and Finance, Croatia Prof. Dr. Nageshwar Maruti Rao, Rani Channamma University, Belagavi, Karnataka, India Dr. Antal Szabó, UN retired Regional Adviser at the United Nations Economic Commission for Europe (UNECE) in Geneva, and Scientific Director of the ERENET Ass. Prof. Dr. Vesna Baltezarevic, Megatrend University, Serbia Dr. Malyadri Pacha, Government Degree College, Osmania University, India Prof. Dr. Jovica Jovanović, Institute of Occupational Health, Faculty of Medicine, University of Niš, Serbia Ass. Prof. Dr. Veland Ramadani, Department of Entrepreneurship, South-East European University, Faculty of Business and Economics, FYR of Macedonia Prof. Dr. Emine Demiray, Professor of Female Entrepreneurship, Anadolu University, Turkey Ass. Miloš Vučeković, Singidunum University, Serbia Ass. Prof. Dr. Zorana Nikitović, Faculty for Business Economics and Entrepreneurship, Serbia Ass. Slađana Vujičić MA, Faculty for Business Economics and Entrepreneurship, Serbia PUBLISHING BOARD Prof. Dr. Zvonko Brnjas, Institute of Economic Sciences, Serbia Prof. Dr. Božo Drašković, Institute of Economic Sciences, Serbia Prof. Dr. Dejan Erić, Belgrade Banking Academy, Serbia Prof. Dr. Hasan Hanić, Belgrade Banking Academy, Serbia Prof. Dr. Mirjana Radović-Marković, Institute of Economic Sciences, Serbia Dr. Jovan Zubović, Institute of Economic Sciences, Serbia Dr. Ivan Stošić, Institute of Economic Sciences, Serbia PRINTED BY DonatGraf, Beograd 50 copies JWE is involved in the Directory of Open Access Journals (DOAJ) is hosted and main- tained by Lund University Libraries, Sweden: http://www.doaj.org/doaj?func=loadTempl&templ=about&uiLanguage=en Our journal is also indexed in international databases such as: EconLit, American Economic Association (AEA), EBSCO, Google Scholar, Copernikus Directory, Poland, Research Papers in Economics (RePEc), Ulrich's, The Directory of Research Journal Indexing (DRJI), India, Cabell's Directories, Wesleyan Library databases, Trinity College, Oxford, United Kingdom, GESIS, Aalto University, Finland, Ullbe University databases, PECOB, Italy, Georgetown Library, United States, Toronto Public Library, Canada, NewJour, Western Library, United States of America, International Society for Small and Medium Enterprises (ISSME), Delhi, India, Gulib, Georgetown University, Washington DC, United States, Beardsley Library, Holland, MI, United States, IUPUI, Indiana University-Purdue University, Indianapolis, United States, IUCAT, Indiana University SouthEast, Bloomington, United States, Walter E.Helmke Library, Indiana, United States, The Hong Kong Poytechnic University Library, China JWE is involved in Peer Reviewed Journals List by Ministry of Education and Science, Re- public of Serbia Copyright©2016 by Institute of Economic Sciences Belgrade. All rights reserved. Contents Part I. FEMALE ENTREPRENEURSHIP AND GLASS CELLING.. 1 Significance of Rural Tourism for Female Entrepreneurship Development in the Republic of Serbia ................................................ 3-19 Radović Gordana, Radović-Marković Mirjana Women Entrepreneurship and Access to Capital ............................. 20-34 Bogdanović Miodrag Intrinsic Subtleties of Saudi Arabian Female Startups .................... 35-65 Khan Rahatullah Muhammad, Sharpe Norean Investigating Women’s Attitudes towards Gender Gap, Employment and Achieving Social Positions Case Study: Women between 20-30 and 50-60 Years Old................ 66-78 Barjesteh Sarah Part II. ENTREPRENEURIAL EDUCATION…...……………………79 Strategies for the Professional Development of Executive Women: Empirical Evidence in Latin America .............................................. 81-101 Avolio Beatrice, Alcalá Patty, Rurush Mónica, Vilca Pedro, Zelaya David Entrepreneurial Education As a New Paradigm of the Development of Women Entrepreneurship in the Republic of Serbia ............... 102-116 Ravić Nenad, Nikitović Zorana The Role of Gender, Education Level and Academic Degree of the School Principals on Their Selected Styles of Leadership ............ 117-126 Abolfazli Elham, Nourmand Ahmad School Plant Utilization and Entrepreneurial Skill Acquisition Among Secondary Scholl Students in Akoko Zonal Education Area of Ondo State, Nigeria ............................................................ 127-142 Alimi Olatunji Sabitu Notes of the Editor-in-Chief The Journal is designed to advance scientific knowledge and to foster new solutions in female entrepreneurship, education, gender in employment policy, leadership as well as gender-specific constraints to entrepreneurship. I have to specially point out the fact that this scientific Journal has always focused on those themes which are prioritized because of their actuality. We welcome manuscripts from academics, independent scholars, practitioners and students. Authors should submit their manuscripts online at jweoffice@ien.bg.ac.rs. Finally, I thank all the authors, reviewers and readers for their support. Editor-in-Chief Acad. Prof. Mirjana Radović-Marković, PhD