Orhan, M., Scott, D. (2001), "Why women enter into entrepreneurship: an explorative model", Women in Management Review, Vol. 16 No.5, pp.232-47.…
Among the 25-34 year old population, one in four women have attained a higher education, while only one in six men have. This begins to show how women are making a better advance in education compared to men’s. This increase in education has led to an increase in female entrepreneurs, consumers, managers and investors. This will lead to dramatic increases of productivity in the economy; it is getting more money from successful men as well as successful women concerning consumerism. Entrepreneurs are also very important because of the fact that they are the people who create jobs to bring more money through an economy to keep it stable.…
Sexism exists. This was a constant message from the interviews Theodore ran among both male…
D. The male - female competition is another factor, which develop hurdles to women in the business management process. Despite the fact that women entrepreneurs are good in keeping their service prompt and delivery in time, due to lack of organizational skills compared to male entrepreneurs women have to face constraints from competition. The confidence to travel across day and night and even different regions and states are less found in women compared to male entrepreneurs. This shows the low level freedom of expression and freedom of mobility of the women .…
Women's entrepreneurship is not an easy task. "Becoming an entrepreneur is an evolution of encountering, assessing, and reacting to a series of experiences, situations, and events produced by political, economic, social and cultural changes." Given the complexities in the…
The term entrepreneur is not a recent invention. It was first coined in the eighteenth century by Richard Cantillon, who identified the risk-bearing function of an entrepreneur (Jennings et al. 1994). According to Morrison (1999 p30), entrepreneurs can be regarded as “first among equals in the process of wealth creation”. Moreover, entrepreneurs are presented as economic heroes (Cannon 1991), who “combining the ability to innovate and challenge the established equilibrium of economy and society whilst in the process of recreating it” (Morrison 1999 p28).…
The present paper endeavors to study the concept of women entrepreneur–Reasons women become entrepreneurs -Reasons for slow progress of women entrepreneurs in India - suggestions for the growth of women entrepreneurs-Schemes for promotion & development of women entrepreneurship…
A woman entrepreneur is defined as a woman who has alone or with one or more partners started or inherited a business, and is eager to take financial, administrative, and social risks and responsibilities, and participate in the day-to-day management activities (UNDP, 2004). Women in Asian countries like India, Myanmar and Bangladesh have played and also are playing a good role in politics. So, Bangladeshi women are enjoying freedom to join politics as well as business. But compared with the Unites States and the European countries, the number is still poor. In fact, women entrepreneurship development is a challenging phenomenon in Bangladesh as women are lagged behind (economically and socially) compared to men. Generally, women are more victimized as because of their illiteracy, unawareness, unorganized, powerless or less political representation, deprivation, rigid social customs, religious constrains and injustice by their counter partners particularly in rural area. Women constitute about a half of the total population in Bangladesh. So for proper representation of women in the arena of entrepreneurship development, "women should constitute 50 per cent of the country's total entrepreneurs." But the ground reality is totally different. "The ratio is not even 10 per cent. The actual ratio is much lower than that. We do not know the exact number of women entrepreneurs in the country,” There is no real information on how many women entrepreneurs exist in the country.…
It is undeniable that personal characteristics of entrepreneur have influenced on entrepreneurship. In early personality theory is described as single-trait theory because theorists sought to identify a single-trait and link it to a greater propensity to be a successful entrepreneur. A consequence of theory has moved to multi-trait way and then the studies shift to identify ever- wider sets of characteristics to measure entrepreneurial potential to success. For example: High need for achievement prefer situations stimulating their achievement motivation (McClelland, 1961), Self confidence and high internal locus of control illustrates why and how individuals engage in situations with the risk of failure (Brockhaus, 1982), Risk-taker relates different in risk perception and affect the individual’s opportunity evaluation thus determine the entrepreneur’s risk-taking (Meredith, 1982) and Creativity and Innovativeness concern a process of intentional change made to create value by meeting opportunity and seeking advantage. (McMullan and Long, 1983) etc. Those characteristics of above have been proved that are some basic factors which could help entrepreneurs to set up a competitive business and develop their business.…
Langlois, R. & Cosgel, M. (1993) Frank Knight on Risk, Uncertainty, and the Firm: A New Interpretation…
Cromie, S. (1987). Motivations of aspiring male and female entrepreneurs. Journal of Occupational Behaviour, 8(3), 251–261.…
Today, many women are successful in corporate world but they face few obstacles such as they have to adopt a stereotypically ‘male’ behavior toward business and they have difficulties to balance their work and life. Commonly women are emotional and nurturing. Moreover, it is difficult to find role models among female entrepreneurs. Lastly, women’s major problem in corporate world is the fear of failure.…
Starting one’s own business is often described as purposive and intentional career choice. Although there can be a wide variety of contextual as well as individual factors that influence the entrepreneurial choice, the role of entrepreneurial self-efficacy has been emphasized as a key antecedent .…
It is hoped that after reading this module you will actually see the potential of a career in entrepreneurship, and experience a desire to start a venture of your own. At the same time there might be certain inhibitions in your mind whether such a task is feasible, practical and sustainable. For every task one needs certain competencies. In this module you would learn in detail about the entrepreneurial competencies. Whereas competencies reinforce a person’s perception of feasibility of a career option, there also has to be the will and urge, a ‘perception of the desirability.’ Is it not impossible that entrepreneurship has a key role to play in economic development, yet there are very few who ever think of it as a career option? And, it is not that they may be lacking in skills. What one often finds is the lack of motivation! Competencies equip you with the knowledge of how to do (‘know-how’) of entrepreneurial behavior and motivation provides answers to why to do (‘know-why’) of entrepreneurial behavior. You would also be learning about why people opt for entrepreneurship. The question of ‘why entrepreneurship’ is also linked to reward expectations, be these financial, social status or psychological satisfaction. In case of entrepreneurship, successful performance of the venture itself becomes a reward for the entrepreneur.…
Women entrepreneurship need to be studied separately for two main reasons. the first reason is that women’s entrepreneurship has been recognised during the last decade as an untapped source of economic growth. Women entrepreneurs create new jobs for themselves & others by being different also provide society with different solution to management , organization & business problem as well as to the exploitation of entrepreneurs opportunities.…