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Exploring the motives and success factors behind female entrepreneurs in India

Muhammad Abrar ul Haq*, Surjit Victor, Farheen Akram

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

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.

Original languageEnglish
Pages (from-to)1105-1132
Number of pages28
JournalQuality and Quantity
Volume55
Issue number3
Early online date1 Oct 2020
DOIs
Publication statusPublished - Jun 2021
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 5 - Gender Equality
    SDG 5 Gender Equality
  2. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  3. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

Keywords

  • Family responsibility
  • Inter-dependency
  • Self-survival
  • Social pressure
  • Women entrepreneurship

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