The Influence of Perceived Motivational Factors on Success of Women-Driven Ventures and Their Contribution in Economic Development

2021 ◽  
pp. 097226292110082
Author(s):  
Sukhjeet Kaur Matharu ◽  
Divya Juneja
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Women Entrepreneurs ◽  
Success Factors ◽  
Madhya Pradesh ◽  
Small Scale ◽  
Female Entrepreneurs ◽  
Motivation Factors ◽  
Women's Participation ◽  
Motivating Factor

Entrepreneurs are significant contributors in the economic growth of a nation. Generally, economic growth of any country is largely determined by the financial and social development of the women entrepreneurs. The objective of the study is to analyse the influence of perceived motivational independent variables on anticipated success of female venture holders. The existing literature arouse the need of significant study in the field of perceived motivation factors of women entrepreneurs, specifically in Madhya Pradesh, and an understanding of women’s participation in economic development of the state. A self-designed structured questionnaire was administered personally among female entrepreneurs engaged in small-scale businesses in different regions of Madhya Pradesh. The compilation of findings was done on the basis of empirical analysis of the explored motivational and the anticipated success factors. Accordingly, the hypotheses were framed and an eight-dimensional model making use of regression analysis is developed for identifying a meaningful relationship between explored inspirational and success accomplishment factors. The results of analysis state that the factors financial freedom and professional competency have greatest influence on the overall success of the venture followed by entrepreneurial attitude and supportive environment. Variables like prosperity and receptiveness are the least motivating factor towards the success of the venture.

A Study on Women Entrepreneurship: Opportunities and Challenges

2019 ◽  
Vol 8 (3) ◽  
pp. 34-38
Author(s):  
Kadambari . ◽  
Chanderjeet .
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Gender Inequality ◽  
Women Entrepreneurs ◽  
External Factors ◽  
Female Entrepreneurs ◽  
Women Entrepreneurship ◽  
The Family ◽  
State Of Mind ◽  
Internal And External Factors

Women devote and commit the family, which leads to society and Nation. Social as well as the economic development of women is necessary for the overall development of any society as well as the nation. Entrepreneurship is an inbuilt state of mind of every female individual but not been capitalized in the proper way in which it should be. This research paper on women entrepreneurship has been highly inspired by gender equality issues and development. Today researchers and policies have been more and more fuelled with the idea for women entrepreneurs’ importance for economic growth. Women entrepreneurs are assumed to face the experience of gender inequality and also experience hurdles when starting up and running a business than their male counterparts. The purpose of this empirical study is addressed to find out various motivating and de-, motivating internal and external factors. Reviews the main obstacles facing the female entrepreneurs, also suggest the way for elimination and reduction of such hurdles for development.

scholarly journals Women Entrepreneurship across Nations

2016 ◽  
pp. 189-216 ◽  
Author(s):  
Suja R. Nair
Keyword(s):  
Economic Growth ◽  
Family Support ◽  
Women Entrepreneurs ◽  
Female Entrepreneurs ◽  
Male And Female ◽  
Women Entrepreneurship ◽  
Significant Contributor ◽  
The Past ◽  
Work Family ◽  
The Many

Since the past two decades the concept of women entrepreneurship has gained recognition as a significant contributor towards the economic growth of the country. This can be attributed to the many encouraging factors like family support, flexibility in work family schedule, encouraging policies etc. Nevertheless, there also exist certain barriers that hinder their path of progress. In the context of globalization today, women entrepreneurs across nations are also engaged in identifying opportunities for further growth. In this pursuit they face a number of challenges amidst the opportunities. The chapter intends to make a contribution to the topic of women entrepreneurship by examining what initiates entrepreneurship among individuals, comparison between male and female entrepreneurs, factors that encourage women entrepreneurs as well as those that inhibit their growth and on ways to overcome the challenges they face.

scholarly journals Rural Economic Development Through Women Entrepreneurship

2021 ◽  
pp. 98-103
Author(s):  
Dr. M. Vairavan ◽  
Ms. K. Kavitha
Keyword(s):  
Economic Development ◽  
Rural Women ◽  
Rural Areas ◽  
Women Entrepreneurs ◽  
Economic Status ◽  
Active Role ◽  
Small Scale ◽  
Interesting Phenomenon ◽  
Self Help Groups ◽  
The Impact

Majority of the rural women of SHGs are Micro - Entrepreneurs very few are associated with Small Scale Enterprises. Those women are not only developing with sustainable economy but also able to develop other women economically sustainable by providing job opportunities. The rural women entrepreneurs with the sustainable economic development are able to contribute to the family’s, community’s and the nation’s development. Rural women frequently have primary responsibility for agricultural production, in addition to domestic responsibilities and childcare. In developing country like India where economic status of women is very pathetic especially in rural areas and opportunities of earning are very less in this scenario the Self Help Groups (SHGs) have paved the way for economic independence of rural women. This paper reviews concisely the literature in this field and addresses in particular opportunities and challenges faced by women entrepreneurs in rural areas. It examined the impact on women empowerment through micro entrepreneurship development and SHGs. The increasing presence of women in the business field as entrepreneurs has changed the demographic characteristics of business and economic growth of the country. Women-owned businesses enterprises are playing a more active role in society and the economy, inspiring academics to focus on this interesting phenomenon. This paper focuses on the problems, issues, challenges faced by women entrepreneurs, how to overcome them and to analyze policies of India government for and problems faced by them while pursuing their business.

scholarly journals Women Employment Opportunity on SMEs Sector: Bangladesh Perspective

2020 ◽  
pp. 105-118
Keyword(s):  
Economic Growth ◽  
Low Income ◽  
Capital Accumulation ◽  
Low Cost ◽  
Study Finding ◽  
Income Group ◽  
Small Scale ◽  
Female Entrepreneurs ◽  
Job Opportunities ◽  
Savings Rate

This study explores women's work prospects in the SME sector of Bangladesh. The researcher has identified two different reasons to conduct this study separately. Number one is that in the last few decades, have played a very active and important role, and the second is that by empowering women, female entrepreneurs build new job opportunities and solve the different problems of society. Small and medium-sized enterprises, which play an important role as engines of economic growth in many countries, provide growth opportunities for low-cost jobs. The results of the study illustrate the correlation between job opportunities for SMEs and women. Women's entrepreneurship is seen as a crucial instrument of women's empowerment and emancipation. Small and medium-sized enterprises, which play an important role in many countries as engines of economic growth, provide opportunities for low-cost employment with growth. The study finding shows the relationship between employment opportunities for SMEs and Women. Women entrepreneurship is seen as a key tool for empowering and liberating women. Developing countries such as Bangladesh are better off starting a small and medium-sized company because Bangladesh belongs to the low-income group facing problems of unemployment, poverty, low savings rate, low capital accumulation. Business on the micro and small scale did not require huge investment, it begins with limited capital. Developing nations such as Bangladesh are better off starting a small and medium-sized business because Bangladesh is part of the low-income community facing unemployment, poverty, low savings rate, low accumulation of capital problems. Micro and small-scale companies did not need tremendous investment but began with minimal resources.

Vietnamese Women Entrepreneurs’ Motivations, Challenges, and Success Factors

2020 ◽  
Vol 22 (2) ◽  
pp. 215-226
Author(s):  
Hoang Anh Nguyen ◽  
Tam To Phuong ◽  
Thuy Thi Bich Le ◽  
Linh Phuong Vo
Keyword(s):  
Women Entrepreneurs ◽  
Success Factors ◽  
Business Environment ◽  
Female Entrepreneurship ◽  
Female Entrepreneurs ◽  
Women Business Owners ◽  
Business Context ◽  
Qualitative Research Study ◽  
Vietnamese Women

The Problem According to the Mastercard Index of Women Entrepreneurs, 31.3% of businesses in Vietnam are owned by women, placing Vietnam at the sixth out of the 53 surveyed economies. Despite the prevalence of female entrepreneurship in Vietnam, little is known about the motivations, challenges, and success factors of those occupying this vibrant sector of the Vietnamese economy. Greater knowledge of how women entrepreneurs perceive themselves and the Vietnamese business environment could stimulate greater support for their personal and career development. The Solution This study aims to explore Vietnamese women entrepreneurs’ motivations, challenges, and success factors. This qualitative research study provides (a) a brief introduction to the business context and the role of women entrepreneurs in Vietnam; (b) findings on Vietnamese women motivation for to starting and running business, as well as the challenges they face, and factors contributing to their success; and (c) recommendations for government policies, business communities, and the development of female entrepreneurs in Vietnam. As few research studies on women business owners in Vietnam are available, this empirical study can contribute to more effective practice and further research on this cohort in Vietnam. The Stakeholders Recommendations provided in this study will help governmental policymakers, business communities, and female entrepreneurs in Vietnam.

scholarly journals The Impact of Covid-19 on Small-Scale Women Entrepreneurs In Sri K. Lanka: A Qualitative Study of the Matara Area (SK Town and Meddawatta)

2021 ◽  
Vol 28 (2) ◽  
pp. 19-44
Author(s):  
N. S. Ariyarathne ◽  
K. H. Lakmali
Keyword(s):  
Women Entrepreneurs ◽  
Economic Status ◽  
Bank Loan ◽  
Small Scale ◽  
Female Entrepreneurs ◽  
Face To Face ◽  
Economic Problems ◽  
Tourist Destinations ◽  
The Impact ◽  
Purposive Sample

COVID-19 has impacted people across the world regardless of geographical boundaries, gender, age, and economic status. However, women have become disproportionately more vulnerable. To explore women entrepreneurs’ experiences, the difficulties they face, and the strategies they employ for the survival of their businesses, this study selected Matara district as one of the most famous coastal areas of the southern province, and Sk Town and Meddawatta as the most popular tourist destinations of this district. This qualitative research employed a purposive sample of 15 females. Data collection for this research was mainly done through interviews (face-to-face, telephone, and WhatsApp calls), participants’ observations, and cyber ethnography. All of the participants, though not hit by the virus, have been impacted by COVID-19 related social and economic problems. Although all the participants suffered loss of income, surprisingly, the pandemic led some women to focus on exploring new income-generating activities. The research shows, as narrated by the respondents, that small- and medium-scale female entrepreneurs have not received adequate attention or help for the amelioration of their plight from government-led welfare activities, including bank loan payment extensions.

scholarly journals Research on Resource Curse Effect of Resource-Dependent Cities: Case Study of Qingyang, Jinchang and Baiyin in China

2018 ◽  
Vol 11 (1) ◽  
pp. 91 ◽  
Author(s):  
Chenyu Lu ◽  
Dai Wang ◽  
Peng Meng ◽  
Jiaqi Yang ◽  
Min Pang ◽  
...  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Resource Curse ◽  
Economic Recession ◽  
Resource Development ◽  
Dutch Disease ◽  
Development Economic ◽  
Small Scale ◽  
Different Types

For a specific small-scale region with abundant resources, its copious resources tend to dictate the basic direction of its development, and may subsequently give rise to an industrial structure centered on the advantageous resources. This can give rise to an economic structure that lacks diversity, causing the economic development in the entire local region to fall into the dilemma of the resource curse. The present study conducts a case study from the perspective of small-scale regions, incorporating various types of resource-dependent cities in China, including Qingyang, Jinchang, and Baiyin, to interpret and analyze the resource curse effect by calculating a resource curse coefficient. Moreover, based on the regression model, the present study further discusses the empirical relations associated with the resource curse phenomenon. The results show that, regardless of whether a resource-dependent city is in the early, intermediate or late stage of its resource development, economic development is always plagued by the resource curse effect to a certain degree. Resource development cannot promote economic development, rather, it inhibits economic growth to some extent, resulting in an array of effects that are unfavorable to economic development, rendering the development unsustainable. For different types of resource-dependent cities, resource curse effect exhibits distinct characteristics. The resource curse effect is strongest for a resource-dependent city during an economic recession, is less severe during a development period, and is weakest during maturation. Resource development not only has a direct adverse impact on economic growth, but also often affects economic growth in multiple ways and on various levels through the Dutch disease effect, the crowding out effect, and the institution weakening effect. Until now, most results show that there is no obvious resource curse effect at the national and provincial level. The verification results of small-scale regions show that the resource curse effect at the city level still exists. In addition, the resource curse effect differs across different types of resource-dependent cities.

Women Entrepreneurship Across Nations

2017 ◽  
pp. 968-995
Author(s):  
Suja R. Nair
Keyword(s):  
Economic Growth ◽  
Family Support ◽  
Women Entrepreneurs ◽  
Female Entrepreneurs ◽  
Male And Female ◽  
Women Entrepreneurship ◽  
Significant Contributor ◽  
The Past ◽  
Work Family ◽  
The Many

Since the past two decades the concept of women entrepreneurship has gained recognition as a significant contributor towards the economic growth of the country. This can be attributed to the many encouraging factors like family support, flexibility in work family schedule, encouraging policies etc. Nevertheless, there also exist certain barriers that hinder their path of progress. In the context of globalization today, women entrepreneurs across nations are also engaged in identifying opportunities for further growth. In this pursuit they face a number of challenges amidst the opportunities. The chapter intends to make a contribution to the topic of women entrepreneurship by examining what initiates entrepreneurship among individuals, comparison between male and female entrepreneurs, factors that encourage women entrepreneurs as well as those that inhibit their growth and on ways to overcome the challenges they face.

Empowering Jordanian women through entrepreneurship

2020 ◽  
Vol 22 (1) ◽  
pp. 133-144 ◽  
Author(s):  
Muntaha Banihani
Keyword(s):  
Economic Development ◽  
Women Entrepreneurs ◽  
Social Perceptions ◽  
Structured Interviews ◽  
Female Entrepreneurs ◽  
Family Responsibilities ◽  
Content Type ◽  
Physical Mobility ◽  
The Impact

Purpose A strong correlation has been found across several countries between women’s positions in society and economic development, suggesting that there is a relationship between women’s empowerment and countries’ economic development. Despite the impact women have in terms of economic activity and job creation, however, the role of women entrepreneurs is often underplayed and undervalued. Therefore, this paper aims to investigate the challenges women entrepreneurs face in Jordan to uncover ways to empower them. Design/methodology/approach This qualitative research used in-depth interviews with 15 women to investigate their perceptions regarding the challenges affecting their businesses. Semi-structured interviews were used to allow participants flexibility in expressing their views and experiences. The results from the interviews were analysed using NVIVO software to identify themes and categories. Findings It was found that women entrepreneurs in Jordan still face many challenges, primarily related to family responsibilities, networking and physical mobility. Research limitations/implications Recommendations for scholars and decision makers are presented to reduce the impact of the challenges faced by women entrepreneurs in Jordan. Originality/value This research contributes to the current entrepreneurial literature as it provides a deeper understanding of the experiences of women entrepreneurs in Jordan. Thus, it heeds the call for more research on women entrepreneurs in developing countries. In shedding light on the experiences of female entrepreneurs in Jordan, this paper provides strong arguments for challenging the traditional social perceptions regarding the roles of women.

scholarly journals WOMEN IN START-UP INDIA

2020 ◽  
Author(s):  
Ninad Jhala ◽  
Hiren Rana
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Women Entrepreneurs ◽  
Motivating Factors ◽  
Secondary Sources ◽  
Bright Future ◽  
Start Up ◽  
Grass Root ◽  
The Government ◽  
Additional Income

The present study is qualitative in nature and it is based on secondary sources. The study is an attempt to discover the inspiring factors responsible for women to becoming entrepreneurs. It also studies the contribution of women start-up in economic development. Finally, the paper critically examines the constraints faced by women entrepreneurs. It was found that the efforts of women for business have fairly contributed to the economic growth of the county. There are various motivating factors responsible for women to involve in startup India such as to be self-reliant, to be independent economically, to have additional income, for the bright future of their ward, etc. The Government of India has initiatives like “Make in India”, “Start-up India”, “Mudra”, etc proved to be platforms for the growth of entrepreneurs and they bridge the gap from the grass root to top level enterprises.

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