Abstract

The study aimed to explore the effect of female entrepreneurial experience on startups in Nigeria. The data were acquired from the female entrepreneurs and a self-administered questionnaire was used as a collection of data. Linear regression was used to test the proposed hypotheses using the latest version of SPSS. The entrepreneurial success can occur with entrepreneurial experience. Economic and political instabilities disturb not only startup success but also the business of entrepreneurs. Due to the economic and political instability in Nigeria, female entrepreneurs believe that their startups are insecure. In developing countries like Nigeria, the earnings of startup owners are too less to maintain expenditures. These startups should have rewards and recognition programs to motivate and satisfy their employees. This research will help policymakers to make effective policies for women entrepreneurs. Keywords: Female Entrepreneurship, Experience, Startups, Political Stability, Entrepreneurial Knowledge. DOI: 10.7176/EJBM/13-6-10 Publication date: March 31 st 2021

Highlights

  • Startups have huge and significant impacts on the establishment of new businesses and the economy of any country

  • While entrepreneurial experience reflects a high level of entrepreneurial activity, subSaharan African nations differ significantly because of many factors like culture, context, social setting which shape the entrepreneurial intentions of the female youngsters or students regarding the proportion of female entrepreneurs

  • Entrepreneurial startups depend on the workings of their human resources, so they need to focus on the problems their employees are facing (Hatak & Zhou, 2019)

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Summary

Introduction

Startups have huge and significant impacts on the establishment of new businesses and the economy of any country. While entrepreneurial experience reflects a high level of entrepreneurial activity, subSaharan African nations differ significantly because of many factors like culture, context, social setting which shape the entrepreneurial intentions of the female youngsters or students regarding the proportion of female entrepreneurs. Jabeen and Faisal (2018) measured the female entrepreneurial inclination of UAE postgraduate students by studying entrepreneurial success. Female entrepreneurial experience and educational exposure are important aspects that lead to entrepreneurial success. Experience is one of the important factors derived from socio-economic and socio-cultural demographics that intensifies the growth of a business (Scuotto et al, 2019). Female entrepreneurial experience can play a significant role in boosting the new business economy and make contributions concerning social and economic developments

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