scholarly journals Factors Affecting Women Entrepreneurs’ Success; A study of Small and Medium-Sized Enterprises in Emerging Market of Pakistan

2020 ◽  
Author(s):  
RIZWAN Ullah KHAN ◽  
Yashar Salamzadeh ◽  
Syed Zulfiqar Ali Shah ◽  
Mazhar Hussain
Keyword(s):  
Economic Development ◽  
Women Entrepreneurs ◽  
Small And Medium Enterprises ◽  
Emerging Market ◽  
External Factors ◽  
Entrepreneurial Success ◽  
Factors Affecting ◽  
Self Confidence ◽  
Medium Enterprises ◽  
Internal And External Factors

Abstract In the present era, women are recognized as successful entrepreneurs through their strong desire, qualities and capabilities for robust economic development. Due to such an important contribution of women in economic development, we propose to investigate the factors, which affect women entrepreneur’s success in Pakistan. Data collected through structured questionnaires from 181 registered SMEs operating in Pakistan. A conceptual model is developed, while SPSS and AMOS software’s are used for analysis. The results indicate that the internal factors; including the need for achievements, risk-taking and self-confidence and external factors including economic factors and socio-cultural factors have a positive and significant influence on the success of women-owned enterprises. This research recommends Small and Medium Enterprises Development Authority (SMEDA), policymakers and practitioners to encourage women entrepreneurs to run their businesses for the long term by providing a variety of incentives and supports related to those internal and external factors. Numerous studies have been conducted to test the different factors’ effects on women's entrepreneurial success but our study investigated some psychological, cultural and religious factors that are still almost untouched especially in Pakistan. The current study also contributes to the existing literature through empirical shreds of evidence.

scholarly journals Factors affecting women entrepreneurs’ success: a study of small- and medium-sized enterprises in emerging market of Pakistan

2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Rizwan Ullah Khan ◽  
Yashar Salamzadeh ◽  
Syed Zulfiqar Ali Shah ◽  
Mazhar Hussain
Keyword(s):  
Economic Development ◽  
Women Entrepreneurs ◽  
Small And Medium Enterprises ◽  
Emerging Market ◽  
External Factors ◽  
Entrepreneurial Success ◽  
Factors Affecting ◽  
Self Confidence ◽  
Medium Enterprises ◽  
Internal And External Factors

AbstractIn the present era, women are recognized as successful entrepreneurs through their strong desire, qualities, and capabilities for robust economic development. Due to such an important contribution of women in economic development, we propose to investigate the factors which affect women entrepreneur’s success in Pakistan. Data were collected through structured questionnaires from 181 registered SMEs operating in Pakistan. A conceptual model is developed, while SPSS and AMOS software’s are used for analysis. The results indicate that the internal factors including the need for achievements, risk-taking, and self-confidence and external factors including economic factors and socio-cultural factors have a positive and significant influence on the success of women-owned enterprises. This research recommends Small and Medium Enterprises Development Authority (SMEDA), policymakers, and practitioners to encourage women entrepreneurs to run their businesses for the long term by providing a variety of incentives and supports related to those internal and external factors. Numerous studies have been conducted to test the different factors’ effects on women’s entrepreneurial success, but our study investigated some psychological, cultural, and religious factors that are still almost untouched especially in Pakistan. The current study also contributes to the existing literature through empirical shreds of evidence.

scholarly journals Factors Affecting Women Entrepreneurs’ Success; A study of Small and Medium-Sized Enterprises in Emerging Market of Pakistan

2020 ◽  
Author(s):  
RIZWAN Ullah KHAN ◽  
Yashar Salamzadeh ◽  
Syed Zulfiqar Ali Shah ◽  
Mazhar Hussain
Keyword(s):  
Economic Development ◽  
Women Entrepreneurs ◽  
Small And Medium Enterprises ◽  
Emerging Market ◽  
External Factors ◽  
Entrepreneurial Success ◽  
Factors Affecting ◽  
Self Confidence ◽  
Medium Enterprises ◽  
Internal And External Factors

Abstract In the present era, women are recognized as successful entrepreneurs through their strong desire, qualities and capabilities for robust economic development. Due to such an important contribution of women in economic development, we propose to investigate the factors, which affect women entrepreneur’s success in Pakistan. Data collected through structured questionnaires from 181 registered SMEs operating in Pakistan. A conceptual model is developed, while SPSS and AMOS software’s are used for analysis. The results indicate that the internal factors; including the need for achievements, risk-taking and self-confidence and external factors including economic factors and socio-cultural factors have a positive and significant influence on the success of women-owned enterprises. This research recommends Small and Medium Enterprises Development Authority (SMEDA), policymakers and practitioners to encourage women entrepreneurs to run their businesses for the long term by providing a variety of incentives and supports related to those internal and external factors. Numerous studies have been conducted to test the different factors’ effects on women's entrepreneurial success, but our study investigated some psychological, cultural and religious factors that are still almost untouched especially in Pakistan. The current study also contributes to the existing literature through empirical shreds of evidence.

scholarly journals Factors affecting the performance of small and medium enterprises in KwaZulu-Natal, South Africa

2016 ◽  
Vol 14 (2) ◽  
pp. 277-288 ◽  
Author(s):  
Sharmilee Sitharam ◽  
Muhammad Hoque
Keyword(s):  
South Africa ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
External Factors ◽  
Technological Advancement ◽  
Cross Sectional ◽  
Factors Affecting ◽  
Kwazulu Natal ◽  
Medium Enterprises ◽  
Internal And External Factors

Small and medium enterprises (SMEs) have an important role to play in the development of the country. A strong SME sector contributes highly to the economy, contributing to the gross domestic product, by reducing the level of unemployment, reduction in poverty levels and promotion of entrepreneurship activity. In South Africa (SA), the growth of SMEs and prevalence of SMEs is significantly low. Therefore, the aim of the study is to identify the internal and external factors affecting the performance of SMEs in KwaZulu-Natal, SA. This was a cross-sectional study conducted among 74 SMEs owners/managers who were members of the Durban Chamber of Commerce via online using anonymous questionnaire. The results revealed technological advancement would improve the performance of the business. With regards to challenge, the majority of the respondents viewed competition as a major challenge. Almost all the respondent indicated that crime and corruption affecting business performance. Competition was the only factor amongst the studied internal and external factors that revealed a significant association with the performance of SMEs in KwaZulu-Natal (p = 0.011). SMEs need to recognize they must prepare for both domestic

Investigating entrepreneurial success factors of women-owned SMEs in UAE

2018 ◽  
Vol 56 (1) ◽  
pp. 219-232 ◽  
Author(s):  
Namrata Gupta ◽  
Anita Mirchandani
Keyword(s):  
Women Entrepreneurs ◽  
Success Factors ◽  
Small And Medium Enterprises ◽  
Arab World ◽  
Mail Survey ◽  
Government Support ◽  
Entrepreneurial Success ◽  
Content Type ◽  
Factors Affecting ◽  
Medium Enterprises

Purpose The purpose of this paper is to investigate the key factors affecting the success of women entrepreneurs who own and manage Small and Medium Enterprises (SMEs) in UAE. The extant literature on the relationship between determinants of entrepreneurial success points to a lack of clarification of the link between success factors (Personal, environmental and other) and performance of women-owned SMEs particularly in UAE. Design/methodology/approach A self-administered questionnaire, through mail survey, is used to collect the data. Cronbach’s α test and factor analysis have been carried out to test the reliability of data and validate the hypothesis. Findings The results suggested that the personal, environmental factors and government support affect positively and significantly to the success of women-owned SMEs in UAE. Research limitations/implications The study has some limits as to its potential for generalization owing to the sample size, wide geographic spread of respondents and time limitations with the respondents. Practical implications The results indicate that several factors including personal, environmental and government support are linked with the success of women entrepreneurs of UAE. The results of this study will provide some insights to policymakers and business practitioners to formulate the strategies intended to promote unveiled potential among women entrepreneurs in UAE. Originality/value Most of the studies focused on women entrepreneurship have taken either their motives or the hurdles faced by them into consideration. Moreover, only a few studies have been carried out in Arab world particularly in UAE. Therefore, this study is an attempt to fill the gap and contribute to a better understanding of UAE’s women-owned SMEs.

scholarly journals Micro, small, and medium enterprises (MSMEs): The emerging market analysis

Accounting ◽  
2021 ◽  
Vol 7 (7) ◽  
pp. 1521-1528
Author(s):  
Fatimah Fatimah ◽  
Abid Djazuli ◽  
Fitriya Fauzi
Keyword(s):  
Environmental Conditions ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Emerging Market ◽  
Research Impact ◽  
Business Owners ◽  
Factors Affecting ◽  
Use Of Technology ◽  
The Government ◽  
Medium Enterprises

This study aims to analyse the factors affecting the Micro, Small, and Medium Enterprises in the province of South Sumatra, Indonesia. Data of 100 MSMEs were collected through questionnaires in the 15 regencies/cities in South Sumatra. The statistical analysis used was Structural Equation Modelling (SEM) processed through AMOS. The results evidence that the external factors of capital support, business partners, and infrastructure directly have no direct effects but indirectly affect the performance of MSMEs in South Sumatra. Also, the availability of resources and environmental conditions; and the capability of business owners and employees indirectly affect the performance of MSMEs in South Sumatra. Lastly, the use of technology and research impact the performance of MSMEs in South Sumatra directly and indirectly through the availability of resources and environmental conditions and business owners and employees' capability. Theoretically, this study expands the MSMEs literature by discussing factors (i.e., external and internal) affecting MSMEs' performance holistically. Practically, this study is beneficial for the government, practitioners, and policymakers.

scholarly journals STRATEGI MENINGKATKAN KINERJA UMKM DI SERENAN, JUWIRING, KABUPATEN KLATEN

2019 ◽  
Vol 14 (1) ◽  
pp. 92-103
Author(s):  
Burhanudin Ahmad Yani ◽  
Ratna Damayanti ◽  
Istiatin Istiatin
Keyword(s):  
Rural Economy ◽  
Small And Medium Enterprises ◽  
Sampling Technique ◽  
External Factors ◽  
Economic Conditions ◽  
Internal Factors ◽  
Wood Processing ◽  
Quantitative Descriptive ◽  
Medium Enterprises ◽  
Internal And External Factors

Micro, Small and Medium Enterprises (MSMEs) are business activities that contribute to improving economic conditions, especially the rural economy. However, the development of Micro, Small and Medium Enterprises (MSMEs) is very slow in competition with large companies in the era of free trade and globalization. Therefore all problems must be found the best solution with various efforts so that MSMEs perform well. The purpose of this study was to analyze and determine the improvement in the performance of MSMEs in Serenan, Juwiring District, Klaten Regency by observing both the influence of internal and external factors partially or jointly. The research methodology used is quantitative descriptive type. through the Survey directly to the research location, the population of this study was wood processing MSMEs (furniture) which were in Serenan, Juwiring, Klaten Regency totaling 34 producers. The sample in this study is a population of 34 producers. While the sampling technique used was the census of all producers in the Serenan Sub-District which numbered 34 questionnaire answers. The results showed that the performance of MSMEs in Serenan, Juwiring, Klaten Regency was significantly influenced by internal factors (consisting of aspects of HR, financial aspects, production aspects and marketing aspects) and external factors (aspects of government policy, aspects of socio-economic aspects and related institutions) both partially and together.

scholarly journals The Analysis of Young Entrepreneurs’ Performance in the Milkfish Presto MSMEs in Semarang, Indonesia

2020 ◽  
Vol 5 (7) ◽  
pp. 306-313
Author(s):  
Moch Norrochim Mashuri ◽  
Purbayu Budi Santosa
Keyword(s):  
Raw Materials ◽  
Small And Medium Enterprises ◽  
External Factors ◽  
Government Policies ◽  
Limited Information ◽  
Internal Factors ◽  
Business Networking ◽  
Medium Enterprises ◽  
Internal And External Factors ◽  
Young Entrepreneurs

The Micro, Small and Medium Enterprises (MSMEs) of milkfish presto in Semarang have decreased in terms of quantity and quality. The problems faced are the low levels of productivity due to the internal factors, such as: the quality of Human Resources, limited information on access to capital, innovation, and business networking capabilities; and the external factors, such as: high transaction costs, scarcity of raw materials, the acquisition of formal legality and government policies,. This study raised the prestige of milkfish MSMEs in Semarang because it continued to experience a decline from 2013-2019, amounting to 48.64% due to these internal and external factors. Therefore, the aims of this study is to analyze the effect of labor, business capital, innovation, government policy, and networking capabilities on the performance of young entrepreneurs at milkfish presto MSMEs in Semarang. The source data is used by the collection of questionnaires from 41 respondents of the milkfish presto MSME owners in Semarang. The analytical method using multiple regression by SPSS 21 analysis tools. The results showed that business capital, innovation, government policies, and networking capabilities significantly influence the performance of young entrepreneurs, and labor does not significantly influence the performance of young entrepreneurs. The conclusion of this study is that to improve the performance of young entrepreneurs, it is necessary to encourage increased business capital, innovation, and government policies, as well as networking capabilities

Analisis Strategi Pemasaran Untuk Meningkatkan Daya Saing UMKM Kota Jambi

2020 ◽  
Vol 5 (2) ◽  
pp. 257
Author(s):  
Efandri Agustian ◽  
Indah Mutiara ◽  
A Rozi
Keyword(s):  
Factor Analysis ◽  
Swot Analysis ◽  
Small And Medium Enterprises ◽  
Descriptive Analysis ◽  
External Factors ◽  
Analysis Technique ◽  
Key Factor ◽  
Fierce Competition ◽  
Medium Enterprises ◽  
Internal And External Factors

The development of information and technology causes fierce business competition, causing micro, small and medium enterprises (MSMEs) to be able to survive and compete for market share by implementing strategies, concepts and good management designs. Management is the key factor for success in the era of technology and information nowadays in order to create opportunities for its products. The purpose of this study is to determine the strengths, weaknesses, opportunities and threats, to compile IFAS (Internal Factor Analysis Summer) and EFAS (External Factor Analysis Summer) and to find out a good marketing strategy after analyzing with SWOT (Strength, Weakness, Opportunity, Threat). The phenomenon that exists, MSME entrepreneurs facing fierce competition is marked by the proliferation of products from outside the region. This study uses the SWOT analysis method to identify the company's internal and external factors. The data were collected through observation, interviews, and distribution of questionnaires to MSME entrepreneurs. The results of these studies as follow: (1) the results of the IFAS analysis are 4.00 that the position is very profitable for the company, in which the strongest factor in the internal company is guaranteed product quality. (2) The results of the EFAS analysis obtained a score of 2.66, in which this position is medium from the external factors of the company, in other words, there are still many companies that supposed to extend optimize opportunities to minimize existing threats. (3) The IE matrix results show the current average position of MSMEs in Quadrant 1, this is very profitable situation in which the company has excellent opportunities and strengths. The strategy that should be applied in this condition is to support policies development through activities: documentation, interviews and observations. The data analysis technique used content analysis (research documentation) and descriptive analysis.

scholarly journals EMPOWERING WOMEN ENTREPRENEURS THROUGH KREDIT USAHA RAKYAT (KUR) FUNDS IN CENTRAL JAKARTA

ICCD ◽  
2019 ◽  
Vol 2 (1) ◽  
pp. 108-111
Author(s):  
R. A. Aryanti Wardaya Puspokusumo ◽  
Henny Kurniawati ◽  
Maryani Maryani
Keyword(s):  
Economic Development ◽  
Women Entrepreneurs ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Credit Program ◽  
External Capital ◽  
The Face ◽  
The Government ◽  
Medium Enterprises ◽  
Observation Training

Micro, Small and Medium Enterprises (MSMEs) are important contributors to economic development. However, increasing the performance of MSMEs faces many obstacles and challenges, especially in the face of competition. Lack of understanding to manage businesses, capital and difficult access to external capital are the main challenges that must be faced by MSME entrepreneurs. MSME entrepreneurs find it difficult to obtain loan capital because they do not have sufficient assets to meet the loan requirements at the bank. To overcome this problem the Government issued a policy in the form of a credit program for MSMEs with guarantees namely People's Business Credit (KUR). KUR is expected to be able to help MSME entrepreneurs to increase business capital, so that business performance can improve. The purpose of this activity is to find out the difficulties faced by women MSME entrepreneurs, increase understanding in managing businesses, and provide understanding to access KUR funds. This activity was carried out in central Jakarta with a total of 150 female MSME owners. The method used is observation, training and filling out the questionnaire. The result of this activity is a report on the activities of the training conducted.

scholarly journals Understanding The Internalization Stratey For MSMEs

2021 ◽  
Vol 2 (4) ◽  
pp. 1133-1140
Author(s):  
Ita Prihatining Wilujeng
Keyword(s):  
Human Resources ◽  
Small And Medium Enterprises ◽  
Business Groups ◽  
External Environment ◽  
International Market ◽  
External Factors ◽  
Limited Resources ◽  
Resources And Capabilities ◽  
Medium Enterprises ◽  
Internal And External Factors

Recently many micro, small, and medium enterprises (MSMEs) play important role in international market. They are expanding their business to international market. Internationalization provides many strategic benefits to the business of MSMEs. However, for many business groups on this scale, internationalization is not easy due to limited resources and capabilities. In order to achieve efficient and effective internationalization, it is important to understand the determinants of MSMEs internationalization and its relationship to the internationalization of firms. This study explores how the international orientation of employer, human resources, technology capabilities of the company, and the external environment can explain understanding the level of internationalization of MSMEs. The study showed that the orientation of entrepreneurial and investment in human resources is an important factor to explain the internationalization MSMEs. Additionally, technology turbulence and market similarities moderate this relationship. The results imply that the manager/owner of MSMEs should consider these internal and external factors in order to improve their performance in the international market.

Sign in / Sign up

Export Citation Format

Share Document