Impact of education and training on performance of women entrepreneurs

Abstract

Purpose – The purpose of the paper is to find the relationship between education and training and performance of women entrepreneurs (WEs). The present study found that entrepreneurial education stimulates women to take up entrepreneurship as a career option. Design/methodology/approach – Also the findings of the study show that WEs lack the time for upgrading their skills and also need training for developing their skills. The methodology includes empirical study, collection of data and analysis with the help of SPSS, correlation method to find the relationship between education and training of WEs. Findings – Getting appropriate education helps them with finding sources of innovative ideas and converting these ideas into enterprises. The study also revealed that due to constraints in the time availability and resources, WEs find it hard to train themselves and equip themselves with the recent developments in technology and the market. Research limitations/implications – Moreover, the study findings suggest that providing them with professional training and skill development programme would help the women students to launch their businesses. The data colleted is only from India. Practical implications – The paper also discusses the managerial implications and research implications of such a study. The study shows that there is a significant relationship between providing entrepreneurial platform and education to the women to start up their ventures. Social implications – The study findings suggest that there is a lack of societal support for women entrepreneurship. Entrepreneurship is still expected to be a male-dominated field, and it may be difficult to gain the society's support for WEs. The women entrepreneurship can also provide a tool for social upliftment for below poverty line people. Originality/value – Moreover, the study findings suggest that providing them with professional training and skill development programme would help the women students to launch their businesses. The paper also discusses the managerial implications and research implications of such a study.