Women Entrepreneurs in Bangladesh: a Case Study on Boutique Business
Chapter: 1
Introduction
1.1 Introduction:
Entrepreneurs are arguably the most important actors in our economy: the creators of new wealth and new jobs, the inventors of new products and services, and the revolutionizes of society and the economy. Yet despite their centrality, little is known about entrepreneurs: what motivates them, how they emerge, why they succeed. We know even less about who becomes an entrepreneur, and why.
Women are one particularly understudied group of entrepreneurs. We know very little about female entrepreneurs, and our ignorance of this important demographic is a serious blind spot in any effort to increase the total number of entrepreneurs participating in our economy.
Women’s entrepreneurship has been recognized during the last decade as an important untapped source of economic growth. A woman entrepreneur is defined as a woman who has alone or with one or more partners, started, bought, or inherited a business, is assuming the related financial, administrative, and social risks and responsibilities, and is participating in the firm’s day-to-day management. Such women are also known as women business owners or women entrepreneurs or self-employed women.
Without a meaningful and active participation of women, half of the total population, in regular economic activities, a dynamic and sustainable economy is impossible. Sectors like boutique are really doing a lucrative job for women entrepreneurs. Many women’s are engaged with this business and get success and make their own identity as a successful entrepreneur.
1.2 Problem definition:
In Bangladesh there is little research about women entrepreneurship. What are the motives, inspirations and prospects of women entrepreneurship is not defined clearly. The characteristics of the women entrepreneurship are not discovered fully. These factors are important to formulate and implement policy for development of women entrepreneurship.
In Boutique industry there is a considerable presence of
Introduction
1.1 Introduction:
Entrepreneurs are arguably the most important actors in our economy: the creators of new wealth and new jobs, the inventors of new products and services, and the revolutionizes of society and the economy. Yet despite their centrality, little is known about entrepreneurs: what motivates them, how they emerge, why they succeed. We know even less about who becomes an entrepreneur, and why.
Women are one particularly understudied group of entrepreneurs. We know very little about female entrepreneurs, and our ignorance of this important demographic is a serious blind spot in any effort to increase the total number of entrepreneurs participating in our economy.
Women’s entrepreneurship has been recognized during the last decade as an important untapped source of economic growth. A woman entrepreneur is defined as a woman who has alone or with one or more partners, started, bought, or inherited a business, is assuming the related financial, administrative, and social risks and responsibilities, and is participating in the firm’s day-to-day management. Such women are also known as women business owners or women entrepreneurs or self-employed women.
Without a meaningful and active participation of women, half of the total population, in regular economic activities, a dynamic and sustainable economy is impossible. Sectors like boutique are really doing a lucrative job for women entrepreneurs. Many women’s are engaged with this business and get success and make their own identity as a successful entrepreneur.
1.2 Problem definition:
In Bangladesh there is little research about women entrepreneurship. What are the motives, inspirations and prospects of women entrepreneurship is not defined clearly. The characteristics of the women entrepreneurship are not discovered fully. These factors are important to formulate and implement policy for development of women entrepreneurship.
In Boutique industry there is a considerable presence of