Entrepreneurship - A Key for Women Empowerment

Abstract

Entrepreneurship is the core of economic development. It is a multi- dimensional task and essentially creative activity. Entrepreneur is key factor of entrepreneurship. Entrepreneurship has been a male-dominated phenomenon from the very early age but time has changed the situation and brought women as today's most memorable and inspirational entrepreneurs. The position and status of women in any society is an index of its civilization and progress. Women are equally competent in running business but still lacks behind in spite of women empowerment movement in our country, there are social, cultural and economic hurdles in the way of women entrepreneurship and the major problem is lack of entrepreneurial environment. In spite of having the potential and talent, women are deprived of opportunities, information and education. The paper talks about the status of women entrepreneurs and also analyze the factors which motivates women to start their own venture and the problems faced by them when they ventured out to carve their own niche in the competitive world of business environment. An attempt is made to understand the role of government to accelerate the growth of women entrepreneurship.

Empowerment of Rural Entrepreneurs and Influencing Factors for Performing Business in India

“…In a male dominated rural entrepreneurs, the study by Eugine Franco, and Sharmi Selvakumar (2016) suggests that women are also equally competent in execute a business. Also they opine that the women entrepreneurs lack empowerment.…”

Quantitative and Qualitative Analysis of Psychosocial Factors Affecting Women’s Entrepreneurship

“…Franco and Selvakumar [ 31 ] and Albors Garrigos and colleagues [ 37 ] also refer to this trend in women’s careers. Authors such as Brands and Fernandez-Mateo made similar findings while carrying out a study on the effects of rejection on the willingness of women to apply for top management positions.…”

“…Some practical examples demonstrate that other factors are determinants. For a country such as India, the biggest problem is the lack of a business environment [ 31 ], which connects with issues related to marketing, lack of education, health, the involvement of women in family life, and the fact that this is an essentially male-dominated society. In the European case, Halbinsky [ 27 ] suggests that women tend to perceive that they lack entrepreneurship skills and have smaller and less effective entrepreneurial networks.…”