Predicaments in Business Ventures Encountered by Women Entrepreneurs in Malaysia

Abstract

Purpose: This paper summarizes the effect of empirical debate on the topic of female entrepreneurship in Malaysia. The study was based on a highly systematic method of hypothesis, the researcher's systematization and statistical generalizations of experimental developments provided the foundation for the formulation of the hypothesis, and observational experiments were aimed at evaluating this hypothesis and describing the causal associations between the variables. Design/Methodology/Approach: A survey of 100 respondents is used to collect data and the findings of an analytical review of survey data enabled the identification of three major groups of factors that stymie the growth of female entrepreneurship in Malaysia, namely lack of enforcement. The impact of both influences on the growth of value-added from female entrepreneurs' businesses was investigated in the paper using statistical analysis. Findings: The findings of this study corroborate those women entrepreneurs fail due to gender discrimination, gender-biased stereotypes, family obligations, a lack of funds, and a perception of male dominance, all of which are highly influential factors in Malaysia. Practical implication: The researcher proposes that federal and state government agencies and municipal governments must ensure financial assistance for female entrepreneurs, paternity policies and incentives for mothers, anti-discrimination enforcement, and educational efforts centered on female entrepreneurship empowerment. This study can overcome women's reluctance to engage in entrepreneurship not only in Malaysia, but also in other developing countries. Originality/Value: Although changing these established ideas might take time, it is vital for long-term change. The key obligation of the government and society will be to acknowledge the magnitude of the obstacles faced by female entrepreneurs, which may already be on the government's agenda.