Exploring the motives and success factors behind female entrepreneurs in India
- PDF / 2,637,384 Bytes
- 28 Pages / 439.37 x 666.142 pts Page_size
- 61 Downloads / 182 Views
Exploring the motives and success factors behind female entrepreneurs in India Muhammad Abrar ul Haq1 · Surjit Victor1 · Farheen Akram1 Accepted: 24 September 2020 © Springer Nature B.V. 2020
Abstract Encouraging women as entrepreneurs in the recent scenario are the government initiative over the globe. Some women started these small enterprises to support their living and their families, however, the commitments are minor and significant numbers of projects are probably not increasing in the long run. Thus, the current study aims to explore the factors contributing in motive behind female entrepreneurship to participate in the economic development as an effective entrepreneur by leading a successful business based on their specifics characteristics. Using factor analysis with the data of 80 female entrepreneurs, the study concluded that there are nine indicators that contribute significantly to become a successful entrepreneur. Therefore, the current study suggests that there must be a ceaseless effort to move, stimulate and coordinate with women entrepreneur while developing the policies to promote women in business meanwhile, women itself need to attempt and update themselves inside the changing over occasions by methods for adjusting the pristine time benefits. Women ought to be taught and talented persistently to assemble the capacities and information in the greater part of the viable districts of business administration. This will encourage women to exceed expectations in choice-making process and expand a decent business. Keywords Women entrepreneurship · Social pressure · Self-survival · Inter-dependency · Family responsibility
* Muhammad Abrar ul Haq [email protected] Surjit Victor [email protected] Farheen Akram [email protected] 1
College of Administrative and Financial Sciences, AMA International University Bahrain, Salmabad, Bahrain
13
Vol.:(0123456789)
M. Abrar ul Haq et al.
1 Introduction Encouraging women as entrepreneurs in the recent scenario are the government initiative over the globe. All the governments of different countries are promoting this female gender forcefully. In recent years the development of female entrepreneurship globally has attracted great attention. Regional balance and employment targets over the next decade are expected to increase efforts in this direction (Laudano et al. 2019). Discovering the problems combat by woman entrepreneurs in South Africa is a priority for potential female entrepreneurs, researchers and the South African government. The challenges involve a shortage of schooling and training, absence of funds, gender favoritism, pessimistic approach and insufficient resources were recognized in South Africa as barriers to women entrepreneurs (Chinomona and Maziriri 2015; Kurtege Sefer 2020). The status and background of South Asia, women emphasize the need for women entrepreneurs to address the incidence of poverty. Some women started these small enterprises to support their living and their families, however, the commitments are
Data Loading...
