Enhancing decision making abilities of the women through entrepreneurship development

Critical Factors for the Development of Women Entrepreneurship in Retail Business of Bangladesh

Factors Influencing the Development of Women Entrepreneurship in Bangladesh

Socioeconomic Factors of Women Entrepreneurship Development in Bangladesh

Policy Implications to Improve the Business Environment to Encourage Female Entrepreneurship in the North of Vietnam

Women own and manage only an approximate 7% of all economic establishments in Bangladesh, indicating a lack of women leadership development and economic participation. This research aims to identify women entrepreneurship development (WED) factors (WEDFs) and investigate how they relate to leadership development of female entrepreneurs. The study identified 370 women entrepreneurs from the Bangladesh Women Chamber of Commerce and Industry list of seven divisional headquarters and collected primary data for systematic probability sampling in this causal research. The study initially conducted an exploratory factor analysis technique to reduce larger measured variables into smaller factors. Data were further analysed through the structural equation modelling technique. According to the findings, women entrepreneurs in Bangladesh develop emotional intelligence, creativity and innovative leadership qualities that influence leadership skills by exercising four WEDFs. These factors are idea generation, resourcing, enterprise management and harvesting and growth. The study’s main theoretical contribution is that it has been able to combine two concepts, ‘women’s leadership development’ and ‘women’s entrepreneurship development, into one framework. The study suggests that policymakers, practitioners and women entrepreneurs should implement the interventions focusing on these factors to strengthen the development of women’s leadership. One of the limitations of this study is that it covers urban Bangladeshi women entrepreneurs only.

This chapter gives an overview of women entrepreneurship in Montenegro. The chapter starts with offering a historical summary of a woman’s role in Montenegro, which serves as the basis for further analysis of the development of women entrepreneurship. It further analyzes demographic indicators, as well asobstacles and challenges which are relevant for the development of women entrepreneurship. The analysis shows that women entrepreneurship is a concept that is more used in Montenegrin economic theory, but it is hardly present in everyday life. Besides, there are no precise details on participation of women entrepreneurship in economy. A significant segment of the chapter is analysis of business environment and institutional support in the function of development of women entrepreneurship, with a special overview of the role of the strategy of the development of women entrepreneurship. Entrepreneurial activity brings employment, economic growth, and wealth and represents an essential component of the advanced economy. On the other hand, it is a fact that the participation of women in creating politics in Montenegro is insufficient, i.e., a relatively small number of women are present in the leading positions and positions for decision-making. The chapter finishes with offering recommendations and guidelines for future development of women entrepreneurship in Montenegro. In that sense, a key element for increasing women entrepreneurial activity is multiple support to greater number of women to get involved in the business. Women entrepreneurship in economically less developed countries helps women to avoid the trap of poverty. Additionally, women entrepreneurship breaks entrepreneurial stereotypes which are rooted in society for a long time.

This study investigates the role of microfinance services on women's entrepreneurship development in Assosa town. The study employed both descriptive and explanatory designs and a quantitative research approach. The study targeted 352 women clients of Assosa Woreda Microfinance Institution, and 165 samples were selected using a simple random sampling technique. The data were collected through a questionnaire and analyzed through the statistical package for social science (SPSS) 26 software. The findings from the descriptive mean analysis indicate that the microfinance institution financial and non-financial services offered were found unable to significantly empower disadvantaged and poor women by improving their livelihood and development of their business. The correlation result also indicated a positive and significant association between saving practice, access to credit, skill development training, and the development of women entrepreneurs. Finally, the regression result saving and the credit or loan services of the microfinance institution service have the most decisive influence on women's entrepreneurship development.

Purpose– This paper aims to identify developmental issues associated with women entrepreneurship, with the Malaysian small and medium enterprises (SMEs) as a base. Subsequently, the paper also aims to devise certain stratagems and new policies for ensuring women entrepreneurial growth.Design/methodology/approach– An overview of the issues surrounding women entrepreneurship development in Malaysia is provided, drawing on the extant literature. The issues comprise cultural barriers, lack of spousal support, gender inequality, lack of confidence, weak social and business networking, few laws to support working families and neglected women entrepreneurs in the cottage industry, as well as domestic help and home-based childcare.Findings– Based on the issues identified, strategies are proposed to address them, contextualising on the gender aspect of women entrepreneurship.Practical implications– A summary is provided on the research and practical gaps from the perspective of strengthening women entrepreneurship and with the aim of encouraging further research in this area. The paper posits that an understanding of the gender aspect on issues related to the development of women entrepreneurship in Malaysia is required if policy measures are to be constructive in assisting women entrepreneurs in achieving their full entrepreneurial potential.Originality/value– Very limited studies have been undertaken in the past to assess the issues faced by women entrepreneurs in the context of overall development of women entrepreneurship. This is of great value to an SME-dominated economy such as Malaysia where the paper provides a comprehensive summary of the strategies and policy measures required to strengthen women entrepreneurship development.

Today, entrepreneurship represents a career opportunity for women of all age groups, especially for young mothers who can be with their children and work at the same time. There are more women than men living in the European Union, there are only a little more than a third of the self-employed in the European Union. Social networks represent a very economical and cost-effective way of advertising products, which provides an outlet for female entrepreneurship in the sense that today everything can be much more visible in the world than it was before. Advertising with social networks is the most common form of informing users about new products or services, this especially applies to the younger group of users. The aim of the work is to present an analysis of the role and importance of young mothers in the development of entrepreneurship in Bosnia and Herzegovina. The subject of the research is related to the success of this type of entrepreneurship in the Balkans, its survival, and growth in the future. Methodology: The hypothesis that H0 – small entrepreneurship of young mothers has a significant impact on the development of entrepreneurship in the Balkans was tested through comparative research conducted based on questionnaires and available research on the Internet. The obtained research results indicate newly emerging trends, but it is necessary to point out that these same trends are expected. The study presents the results of research from the previous period in this area. The key conclusions from the research refer to the observation of variables that can be useful in making more effective decisions on this matter in the future. This represents the mission of female entrepreneurship, which leads to determining priorities such as professional training and improvement of women's knowledge and skills, promotion of a favorable image of women in business, and the establishment of new companies owned by women - self-employment. Keywords: entrepreneur, marketing, management, social network, mother.

The position of women in Serbia on the labor market is very unfavorable, so they represent a traditionally discriminated social group. One way to improve the position of women in society in Serbia is to encourage self-employment and the development of women entrepreneurship. Many measures have been implemented in order to develop women entrepreneurship in Serbia. This has led to the development of women entrepreneurship in Serbia, but it is developing very slowly, due to the influence of several factors. The subject of this chapter was to explain the genesis of the development of women entrepreneurship in Serbia and to analyze the limiting and incentive influencing factors of the development of women entrepreneurship in Serbia. Our research has shown that motives that have a significant impact on women in Serbia to start their own business are the need for higher earnings, necessity (unemployment), need for independence in work and autonomy, childcare, and need to provide a better future for the children. The key restrictions on women entrepreneurship in Serbia are lack of one’s own capital, lack of managerial knowledge and experience, lack of knowledge of the nature of business, childcare, and responsibilities in the home and the family.

Women participation in economic development has been identified to be of importance, most especially in the area of entrepreneurship. However, women the world over play a substantial role in the socio- economic and political development of any country. Given this, the current study examined the effect of socio-cultural factors on women entrepreneurship development in Kaduna state. The specific objectives of the study include: to examine the effect of religion on women entrepreneurship development in Kaduna State; to examine the effect of culture on women entrepreneurship development in Kaduna State; and to examine the effect of gender roles on women entrepreneurship development in Kaduna State. Using descriptive survey research design, data were collected from 332 women entrepreneurs in Kaduna metropolis and then analyzed via correlation and regression analyses techniques to examine the cause, effect, strength and degree of the relationship between socio-cultural factors and women entrepreneurship development. The study found that there is a significant relationship between socio-cultural factors and women entrepreneurship development in Kaduna metropolis, indicating significant relationships between religion and women entrepreneurship, between culture and women entrepreneurship and between gender role and women entrepreneurship development in Kaduna metropolis. The study recommends that women entrepreneurs in Kaduna metropolis should be proactive in doing business by bearing in mind various socio-cultural factors such as religion, culture and gender roles that may hinder the smooth running of their businesses.

Background and Purpose: Volume and sophistication of scientific research related to different aspects of entrepreneurship have significantly increased in recent years. Many authors point out the positive influence that development of micro, small and medium enterprises and entrepreneurship has on economic growth and job creation. According to various researchers, youth entrepreneurship and women entrepreneurship are two very important elements of this global phenomenon. The purpose of this paper is to provide the analysis of strategic framework for the support to the development of youth and women entrepreneurship in Serbia. Design/Methodology/Approach: Situational analysis of youth and women employment and examination of official Government strategic documents related to strategic framework for the support to the development of youth and women entrepreneurship in Serbia will be conducted. Results: Concrete activities have to be performed by different stakeholders, mostly non-government organizations. The activity stakeholders are on the bottom of the institutional framework, which provides the support to MSME (Micro, Small and Medium Enterprises) sector that will execute the operations in accordance with the defined strategic framework. Conclusion: Youth-run enterprises provide numerous benefits for society; they reduce youth unemployment and help young people prepare for their future. Female entrepreneurs also have strong economic and social impact.

PurposeThe main purpose of this research is to investigate factors influencing rural women entrepreneurship development and sustainable rural livelihoods in Manicaland province of Zimbabwe.Design/methodology/approachA quantitative research was conducted in Manicaland province in Zimbabwe. Data were collected through structured questionnaires from 400 women entrepreneurs in various sectors. The participants were in vegetable vending, operating clothing flea markets and cross border trading. A self-administered structured questionnaire was used to collect data from respondents. Structural equation modeling in SmartPLS version 3 was used to test the research hypotheses.FindingsThe study established that women entrepreneurship is driven by financial factors, positive environmental factors, positive psychological factors as well as positive sociological factors for a sustainable rural livelihood.Research limitations/implicationsIt is clear that if the discovered challenges are not addressed, sustainability of women entrepreneurship will remain a dream.Practical implicationsThe study came up with strategies for improving women entrepreneurship activities. Future research can be done in other areas of provinces to avoid generalization challenges.Social implicationsMany challenges hinder the sustainability of women entrepreneurship. Major impediments to women entrepreneurship comprises inadequate support from government schemes, patriarchal societal structure of the community, lack of relevant entrepreneurial knowledge to manage businesses, lack of collateral security to access funding, time limitation or role conflict to balance family pressures and business.Originality/valueThe study recommends proper entrepreneurship education and training, supportive government schemes and access to network affiliation/connection to sustain women entrepreneurship.

Women entrepreneurs are challenged by access to finance in their quest to start any entrepreneurial activity. Global business failures have not spared women entrepreneurs; hence, this study is very significant, as it may direct the path to new business venture creation by women entrepreneurs. The provision of financial support to a business enterprise does not guarantee its success or growth. The study explored the role access to finance plays in entrepreneurship development, the strategies that stimulate women’s entrepreneurship, and the relationship between access to finance and entrepreneurship development. We used beta coefficients to quantify the effects of access to finance on entrepreneurship development. The findings revealed that women entrepreneurs find it difficult to access cheap and adequate financial services. The study recommends increased funding, development of good policies, and entrepreneurship training and education for women-owned businesses in order to strengthen women’s entrepreneurship development.

Today, the problem of poverty has emerged as a global problem in all countries of the world. Due to the difference in economic development, poverty is different and has a relative meaning. Prevention and reduction of poverty and improving the quality of life of the people, increasing the interest and aspirations of women in women's entrepreneurship, creating favorable conditions for the development of their entrepreneurial activities are the main foundations of today's reforms. In a country where there is a gap between the incomes of the population, it is clear that there will be poor people. Therefore, poverty cannot be eradicated, but it can be reduced through the development of entrepreneurship. The poverty rate is inversely proportional to the economic level of the country, i.e., in developed economies, the poverty rate is low, and in weak economies it is high. The whole world has turned its attention to solving this problem.
 The accession of the Republic of Uzbekistan to global economic processes requires more active participation of women in the economic life of the country. Entrepreneurship is becoming an independent factor of women's sexual freedom in the economic sphere. At a time when society is renewing and entering the world economy, the development of women's entrepreneurship is encouraged. This is the main source of development of the real sector of the economy.
 Through the socio-economic development of women's entrepreneurship, it is possible to observe a certain positive effect on achieving sustainable economic development of the country, especially in the prevention of poverty. This article highlights the role of women's entrepreneurship in the country's economy and the problems in its development and their solutions, conclusions and recommendations.