The aim of this study is to analyze the content of research studies on female entrepreneurial activity, using the institutional economics as a theoretical framework. This paper shows how Latin America is study as a single region and, the topics are studied independently or in topics group. Private organizations –mostly- and scholars demonstrate an interest to study the female Latin-American entrepreneurial initiatives; however, the phenomenon is still poorly understood. There is a lack of official government information and statistics. Recognizing contributing factors of female entrepreneurial activity could help to improved public policies in Latin America. The research contributes theoretically to knowledge regarding to the content of research focusing on female entrepreneurial activity and provides an overview of the subject in Latin America.