Comparative Study of the Factors of Female Entrepreneurship in China and Pakistan

Abstract

Entrepreneurship has become very popular in the recent times and people are pursuing opportunities for new venture creation in different sectors. The phenomenon of “female entrepreneurship” is gaining wide popularity worldwide and now the interest of women in carrying out entrepreneurial activities is also increasing owing to the female empowerment in societies. The female entrepreneurs are highly affected by social, personality and institutional factors that motivate and encourage them in their entrepreneurial activities. The purpose of this study is to find out the impact of social support, financial support, entrepreneurial knowledge and achievement orientation on female entrepreneurial intention along with the mediating impact of entrepreneurial self-efficacy. For this purpose, the data was collected from 311 respondents from China and 311 from Pakistan through the administration of questionnaire. SPSS and AMOS were used for analysis and structural equation modelling has been used. The results have suggested that in case of China, all independent variables have significant impacts on female entrepreneurial intention but in case of Pakistan, financial support does not have the significant impact on female entrepreneurial intention. On the other hand, in case of China, the mediating role of entrepreneurial self-efficacy is significant in all cases, but in case of Pakistan, this mediating role is not significant in case of entrepreneurial knowledge.